Jul 29, 2022 at 4:08pm (EDT)
SOLD | Listed for $4.2M
DescriptionThe opportunity of a lifetime awaits with this stunning Bahamian island. Ringing in at an expansive 712 acres, St. Andrew’s, also known as Little Ragged Island, is both the southernmost and the largest private island in the Bahamas currently for sale. Surrounded by azure ocean waters and fringed with pristine white sand beaches, the island is breathtaking from first look and presents infinite possibility. Elevation varies from sea level to a hilly 40 feet. The eastern side of the island features deep water access, perfect for large ships to pull up, making it truly ideal for development and construction. A perfect blank canvas of rolling hills, lignum vitae trees, and calm warm waters begs to be painted with your dream project: a picturesque private residential settlement, a crown jewel of a tropical estate with miles of private beaches to wander, or a boutique resort with more than enough acreage left to add an entire 18-hole golf course. The island’s possibilities are as limitless as the Atlantic Ocean surrounding it.
Deposit
$100,000 bidder deposit required
Outdoor Features
712 acres of undeveloped land; Miles of pristine white sand beaches; Fresh water ponds; Elevation starts at sea level and rises to 40 feet; Stone walls on island, previously used for cow pastures; Deep water access in the tongue of the ocean on the eastern side of the island for large ships to pull up, perfect for development or a private residence
Other Amenities
Prime location for spectacular snorkeling, sailing, and other water activities; World-class bone-fishing
Travel
Airstrip for private plane landings on Ragged Island; 10-minute boat ride from Duncan Town dock on Ragged Island to reach St. Andrew’s
Location
Southernmost island of the Ragged Chain; 5 miles from Duncan Town; 139 miles north of Cuba; 223 miles southeast of Nassau; 372 miles southeast of Miami
Co-broke paid in compliance with listing agreement
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 Compensation
5%
Compensation will be paid to any properly registered Broker whose client is the successful Buyer at the Auction and whose client completes the purchase of the Property pursuant to Concierge Auctions' Bidder Terms and Conditions.
Starting Bid Incentive
6%
If you are the high bidder, Concierge offers a Starting Bid Incentive, a credit to reduce the Buyer's Premium by up to 50% related to the Starting Bid Amount, encouraging buyers to submit a starting bid prior to the start of the auction. All Starting Bids are binding and subject to being received by the deadline.
, Ragged Island, Ragged Island , Bahamas
Concierge Auctions, LLC, dba Sotheby’s Concierge Auctions, is an auctioneer. Sotheby’s Concierge Auctions’ principal address is 650 Madison Avenue, New York, NY 10022, and its phone number is (212) 202-2940. If required, Sotheby’s Concierge Auctions (or its representative) is registered, licensed and/or bonded in the state where the property to be auctioned is located. This property is listed for sale by Bahamas Realty,P.O. Box N-1132, Nassau, The Bahamas; 1 (242).396.0000, Stuart Halbert, (“Listing Agent”). Sotheby’s Concierge Auctions (in certain jurisdictions) and certain Sotheby’s Concierge Auctions subsidiaries, employees, and representatives may possess real estate broker or salesperson licenses in various jurisdictions and may, in some circumstances, perform functions that may be deemed brokerage services, neither Sotheby’s Concierge Auctions nor its agents, employees, and affiliates are acting as a broker in any capacity for any party in connection with this auction. Bidders must seek brokerage services or advice from their own real estate agents or professional advisers. Our brokerage licenses are held solely for compliance purposes to further our auctioneering services. Sotheby’s Concierge Auctions, the Listing Agent, the seller of the property and their respective agents, employees, and affiliates do not represent, warrant, or guarantee the accuracy or completeness of any information and shall have no liability for errors or omissions 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 or an offer to sell real property. Cooperating brokers are encouraged to participate as set forth in Sotheby’s Concierge Auctions bidder terms and conditions.
