Bahama Waterfront Investment Property

FREEPORT, GRAND BAHAMA ISLAND // FEBRUARY 18TH

CONCIERGEAUCTIONS.COM // 212.257.5016

IN COOPERATION WTIH RITCHIE BROS. AUCTIONEERSLISTED BY JAMES SARLES OF JAMES SARLES COLDWELL BANKER

APPRAISED FOR $5.5M. SELLING WITHOUT RESERVE. 2.5% CO-BROKER COMMISSION.PREMIER WATEFRONT INVESTMENT OR DEVELOPMENT OPPORTUNITY ON GRAND BAHAMA ISLAND

YOU’RE INVITED TO ATTEND:Open House: Daily 1–4PM & by Appointment

Preview Event: February 5th // 5–7PM // Seaside Gril l in Port Lucaya MarketplaceAuction: February 18th

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LOTS 35-38, BAHAMA REEF BOULEVARDFREEPORT, GRAND BAHAMA

BAHAMA REEF YACHT & COUNTRY CLUB MULTI-UNIT COMPLEXES

A premier investment or development opportunity — The

Sea Breeze and Le Chateau Apartment complexes located

within the Bahama Reef Yacht and Country Club subdivision

include three separate apartment buildings and a neighboring

buildable lot set on a total of 1.37 acres with an appealing

475 feet of water frontage.

Walkable to The Ocean Reef Yacht Club & Resort, minutes

from one of the world's top Top 100 golf courses — The Grand

Lucayn's Reef Course — and a short drive from the bright

lights and white sand beaches of Freeport/Lucaya, these

three apartment communities in The Bahamas Reef Yacht and

Country Club Subdivision are ripe with opportunity. Ideal to

transform into a condominium development for enjoyment

while your yacht awaits at the marina beyond or to update

and keep as a rental property for local residents.

As the Bahamas fourth largest island, a tax haven flourishing

in tourism, banking and building construction, The Sea Breeze

and Le Chateau Apartments are primed to offer endless

opportunities for a visionary investor.

WATERFRONT DEVELOPMENT OPPORTUNITY

1110

• Three, multi-unit complexes with 35 total units

• One buildable, cleared and planted lot

• Set in well-established Bahama Reef Yacht and Country

Club Subdivision

• Zoned multi-family, high-rise lots

• 1.37± total acres with 475± ft of waterfront/dockage

• Private swimming pool & bar

• Neighbors the Ocean Reef Yacht Club & Resort and

the Grand Lucyan's Reef Golf Course

• Mins to downtown Freeport/Lucaya and airport

DEVELOPER'S PARADISE.

Set on 475 feet of water frontage along Bahama Reef Boulevard, this premier investment property is ripe with

opportunity for future income as a condominium community geared towards boaters or to keep as a apartments in

the local market.

1514

GRAND BAHAMASLIFESTYLE

Lying just 75 miles off the coast of Florida, Grand Bahama Island

offers carefree living with a small community feel. Easily fly into

Freeport from numerous locations in the United States and Europe

to encounter pristine white sand beaches offering an array of water

activities including sportfishing, sailing, snorkeling and scuba-diving

in crystal clear turquoise waters. With more than 300 sunny days

each year and an average annual temperature of 75 degrees, nearly

every day is perfect for taking advantage of all there is to see and do.

If relaxation is more your speed — settle into a hammock at Taino,

Williams Town or Xanadu beaches and just enjoy the scenic

views. In addition, several national parks offer peaceful nature

trails for viewing exotic plants and flowers, verdant waterfalls and

fern gullies, as well as the graceful pink flamingo, the bird of the

Bahamas. Lucayan National Park and The Bahamas National Trust

Rand Memorial Nature Centre are both just minutes from downtown

Freeport and are said to transport you to a different time and place.

Additionally, freedom from most types of taxes — property, income,

capital gains, inheritance and corporate — makes this locale even

more enticing.

CAREFREE CARIBBEAN LIVING

NASSAU

WEST PALM BEACH

FORT LAUDERDALE

FREEPORT &PORT LUCAYA

MIAMI

FLORIDA

BAHAMAS

GRAND BAHAMA HWY

E MA

LL

EAST PALM BEACH

LUCAYA BEACH

GRAND BAHAMAINTERNATIONAL

AIRPORT

BAHAMA REEF YACHT & COUNTRY CLUB

MULTI UNIT COMPLEXES

OCEAN YACHT AND COUNTRY CLUB

REEF GOLF COURSE

LOTS 35-38

LUCAYA BEACH WEST

ATLANTIC OCEAN

1716

WHO WE ARE

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From 2013-2014, we expanded representation from 23 to

27 states, from 3 to 5 countries, from 100,000 to 200,000

client list contacts and from $530 million to $725 million

in total sales. We are a win-win-win for buyers, sellers

and agents.

This property is listed for sale by James Sarles (#512) of Inlight Partners Limited dba Coldwell Banker James Sarles Realty, 104 Retail Street/P.O. Box F- 43152, Freeport, Grand Bahama Island, The Bahamas - (212) 655-5751. Concierge Auctions LLC and Ritchie Bros. Auctioneers (America) Inc. are both marketing service providers for auctions and are both licensed as a Florida Auction Business (Nos. AB2760 and AB303, respectively). Concierge Auctions LLC is also a licensed Florida Real Estate Corporation (CQ1032600). The address for Concierge Auctions LLC is 777 S Flagler Drive, West Palm Beach, FL 33401, (888) 966-4759. The address for Ritchie Bros Auctioneers (America) Inc. is 700 Ritchie Road, Davenport, FL 33897 - (863) 420-9919. Auctioneer Frank Trunzo (AU2328) or Patrick J. Hicks (AU2215). Concierge Auctions LLC, Ritchie Bros. Auctioneers (America) Inc., and their respective agents and affiliates, broker partners, auctioneers, and sellers do not warrant or guaranty the accuracy or completeness of any information and shall have no liability for errors or omissions or inaccuracies under any circumstances in this or any other property listings or advertising, promotional or publicity statements and materials. This is not meant as a solicitation for listings. Brokers are fully protected and encouraged to participate.See Auction Terms & Conditions for full details.

THE CONCIERGE TEAM

LAURA BRADY, [email protected] // 212.257.4943

CHAD ROFFERS, [email protected] // 212.257.5171

MIKE RUSSO, REGIONAL VICE [email protected] // 212.257.4856

BARBARA CORCORAN, ADVISOR

JAMES AIELLO, ADVISOR

JAVIER PARRAGA, ADVISOR

KRYSTAL AEBY, VICE PRESIDENT OF [email protected] // 212.257.4925

JEFF CASTNER, REGIONAL VICE [email protected] // 212.257.5014

SARENA IRWIN, REGIONAL VICE [email protected] // 212.257.5017

NICK LEONARD, REGIONAL VICE [email protected] // 212.257.5066

MARIO VARGAS, REGIONAL VICE [email protected] // 212.257.5177

KATIE MCMAINS, BUSINESS DEVELOPMENT [email protected] // 212.257.5068

KATIE LAWLESS, CLIENT SERVICES [email protected] // 212.257.5018

BILLY LONG, DIRECTOR OF BUSINESS [email protected] // 212.257.4928

CHRISTINE WILHELM, DIRECTOR OF BUSINESS [email protected] // 212.257.4927

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ALLISON STOLARD, [email protected] // 212.257.5238

VERONICA TREJO, STAFF [email protected] // 212.257.4857

JENNY MORGAN, MARKETING ACCOUNT [email protected] // 212.257.5297

BETSY CLEMENTS, MARKETING ACCOUNT [email protected] // 212.257.4928 SUSAN ANDRUS, MARKETING ACCOUNT [email protected] // 212.658.0654

JESSICA BLOCK, LEAD GRAPHIC [email protected] // 212.257.4926

DAVID LEE, SENIOR UI/UX [email protected] // 212.257.1983

CORD LUEHRMAN, DIGITAL [email protected] // 212.257.5170

EMILY PRYOR, GRAPHIC [email protected] // 212.257.5178

ALEXANDRA FERRARO, GRAPHIC [email protected] // 212.390.8144

FRANK KIVO, VIDEO DIRECTOR/[email protected] // 212.257.5649

DHIVYA JAIRAM, VIDEO DIRECTOR/[email protected] // 212.658.0663

CHARLOTTE ENGLISH, EVENTS [email protected] // 212.259.0520

TRACY STEVENS, AUCTION DAY [email protected] // 212.390.1740

SARAH NEAL, MARKETING [email protected] // 212.390.1613

PAULINA KIMBEL ALVAREZ, PROJECT SALES [email protected] // 212.257.5174

ALEX GRAY, PROJECT SALES [email protected] // 212.256.1284

SUSAN BURKE, PROJECT SALES [email protected] // 212.257.5067

JACK HOYT, PROJECT SALES [email protected] // 212.259.0518

SANDY LAMBRIGHT, PROJECT SALES [email protected] // 212.259.0519

KRISTYN LEFEBVRE, PROJECT SALES [email protected] // 212.658.0940

LISA LIBERTORE, PROJECT SALES [email protected] // 212.259.0519

FRANK MARTORANO, PROJECT SALES [email protected] // 212.257.5237

JACQUELINE MOLDAWER, PROJECT SALES [email protected] // 212.658.1955

CHRIS O’NEILL, PROJECT SALES [email protected] // 212.257.5399

DANNY PRELL, PROJECT SALES [email protected] // 212.257.5016

SUSAN SACHER, PROJECT SALES [email protected] // 212.390.0449

HANNAH SCHUESSLER, PROJECT SALES [email protected] // 212.257.5641

ERIN STRUXNESS, PROJECT SALES [email protected] // 212.257.5175

ORLANDO VARGAS, PROJECT SALES [email protected] // 212.257.5239

BRYAN WARGA, PROJECT SALES [email protected] // 212.256.1283 KARI NEERING, RELEVANCE NEW [email protected] // 212.920.7057

CHARLIE SMITH, EUROPEAN [email protected] // 44.7747.603.287

JOSEPH (JOSH) LORD, FINANCIAL CLIENT [email protected] // Deutsche Bank Securities, Inc. // 212.250.2500

NINO CAPOBIANCO, GENERAL COUNSEL // CAPOBIANCO [email protected] // 760.568.6500

PERELSON WEINER LLP, CPAwww.pwcpa.com // 212.605.3100

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Bahama Waterfront Investment Property

Real Estate

Transcript of Bahama Waterfront Investment Property