Bahama Reef Yacht & Country Club Complexes | Freeport, Bahamas | Luxury Real Estate

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Freeport, Bahamas

Bidding Started On:

May 17, 2017 at 4:00 PM EDT

SOLD | $1.575M

Description

A premier investment or development opportunity — The Sea Breeze and Le Chateau complexes located within the Bahama Reef Yacht & Country Club subdivision are 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 divided between these three offerings. Walkable to The Ocean Reef Yacht Club & Resort, minutes from one of the world’s 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. Bid on all three opportunities separately or together and build your dream Bahamian lifestyle.

Property Features

Set in well-established Bahama Reef Yacht and Country Club Subdivision

Zoned multi-family, high-rise lots

Minutes to downtown Freeport/Lucaya, the airport, Lucayan

National Park and The Bahamas National Trust Rand Memorial Nature Centre

OFFERING 1: LE CHATEAU COMPLEXES I & II

Two story, 4,603sf building with 11 efficiency units: 6 ground level units and 5 upper level units

OFFERING 2: SEA BREEZE APARTMENT COMPLEX

12 one-bedroom apartments, 6 ground level and 6 second floor

OFFERING 3: 1-ACRE BUILDABLE LOT

Cleared, one-acre lot with a portion of the total 475ft of water frontage

Fees & Commissions

Buyer's Premium

12%

Buyer shall pay to Concierge a “Buyer's Premium” in addition to the Purchase Price for the Property. The Buyer's Premium is not a real estate commission; it is the fee that Concierge charges to bidders for bringing the Property to auction.

Co-Broker Commission

A commission/fee will be paid by the Seller, according to the terms of the Listing Agreement, to any properly registered Broker whose client is the successful Buyer at the Auction and whose client completes the purchase of the Property.

Location

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. Additionally, freedom from most types of taxes — property, income, capital gains, inheritance and corporate — makes this locale even more enticing.

Map

Bahama Reef Boulevard, Freeport, Bahamas

Contact

Project Manager, Auction Representative

Danny Prell

Business Developer, Auction Representative

Sarena Irwin

Listing Agent

James Sarles

Disclaimer

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 is a marketing service provider for auctions and is licensed as a Florida Auction Business (Nos. AB2760). 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, (212) 202-2940. Auctioneer Frank Trunzo (AU2328). Concierge Auctions LLC 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.