Notices
Like Tree3Likes
  • 1 Post By Ahoy Vay
  • 1 Post By rkatz
  • 1 Post By Squid Row

Bimini sands oceanfront two bed condo for sale

Old 08-31-2018, 07:52 AM
  #1  
THT Sponsor
THT sponsor
Thread Starter
 
Join Date: Dec 2013
Posts: 796
Default Bimini sands oceanfront two bed condo for sale



View from balcony and master bedroom.
After eighteen years our plans have changed, we are building in mountains of north ga. Two bedroom three bath, furnished, upgrades, proven rental income, hoa fees $660 per month. 6-12 months to close, yes that long in Bahamas, can occupy starting Nov 1, golf cart included, $399,000 or best offer, terms available.
https://www.booking.com/hotel/bs/sou...ini-sands.html
biminibrad is offline  
Old 08-31-2018, 08:15 AM
  #2  
Senior Member
 
Join Date: Mar 2007
Location: St Barths F.W.I.
Posts: 4,367
Default

Didn't see that coming. GLWS
BSpot is offline  
Old 08-31-2018, 09:07 AM
  #3  
THT Sponsor
THT sponsor
Thread Starter
 
Join Date: Dec 2013
Posts: 796
Default

We closed on our land in Helen, now need to fund construction, breaking ground in October.
biminibrad is offline  
Old 08-31-2018, 10:16 AM
  #4  
Senior Member
 
Join Date: Aug 2011
Location: Palm City, FL
Posts: 2,177
Default

Good luck with the sale. Helen is awesome for a vacation place. Used to roll through there twice a month for a couple years. Oktoberfest was a lot of fun.
Dozer83 likes this.
Ahoy Vay is offline  
Old 08-31-2018, 12:25 PM
  #5  
Senior Member
 
Join Date: Mar 2009
Posts: 9,272
Default

Glws
Rod27 is offline  
Old 09-01-2018, 10:37 AM
  #6  
MC
Senior MemberCaptains Club Member
 
Join Date: Jan 2002
Location: pompano Beach FL
Posts: 1,467
Default

Anyone interested in some type of joint ownership split 4 or even 8 ways? Almost like a timeshare but with real ownership
MC is online now  
Old 09-02-2018, 11:16 PM
  #7  
Senior Member
 
Join Date: Oct 2014
Location: Miami, FL & Midway, GA
Posts: 103
Default

Originally Posted by MC View Post
Anyone interested in some type of joint ownership split 4 or even 8 ways? Almost like a timeshare but with real ownership
I would actually consider this idea and may have another interested party. PM me with a phone number to discuss further.
CaptainRobin is offline  
Old 09-03-2018, 06:45 AM
  #8  
Senior MemberCaptains Club Member
 
Join Date: Jul 2006
Location: Pompano Beach, FL
Posts: 1,880
Default

Originally Posted by MC View Post
Anyone interested in some type of joint ownership split 4 or even 8 ways? Almost like a timeshare but with real ownership
Funny, I was just in Bimini and discussing this very idea with one of my friends on the trip. Unfortunately, I can't do it right now, but I don't see why it wouldn't work if you have a solid arrangement on who uses when, how maintenance is handled, and especially an exit plan. It would probably be easiest with an LLC or corporation set up to own it and the individuals that own it are shareholders. That way, they can sell their share and not force a sale of the place. But then you get into new owners/partners, .... Other thought I had was you buy it and have a set date to sell it, come hell or high water. If group wants to stay together, they can re-up.

The fact is that nobody is going to use that 52 weeks out of the year even if you have 10 guys owning it. That would be 5.2 weeks each. Ain't happening. But... there are only so many weeks in the summer, that's where the fights can start. LOL.
Beachman likes this.
rkatz is offline  
Old 09-03-2018, 07:33 AM
  #9  
Admirals Club Admiral's Club Member
 
Fish'nFool's Avatar
 
Join Date: Mar 2009
Location: Anywhere but here...
Posts: 24,584
Default

Who's going to be the new Biminibrad?

Nice place, glws!
Fish'nFool is offline  
Old 01-03-2019, 05:49 PM
  #10  
Junior Member
 
Join Date: Mar 2013
Location: Bradenton, FL
Posts: 9
Default

Any word on what happened to Brad? We stayed at Sands a couple of times a year. Can't even make reservations right now. Seems like the place is in a funk.
flalawdawg is offline  
Old 01-04-2019, 06:07 AM
  #11  
Senior MemberCaptains Club Member
 
Join Date: May 2002
Location: Weddington, NC
Posts: 2,567
Default

Originally Posted by MC View Post
Anyone interested in some type of joint ownership split 4 or even 8 ways? Almost like a timeshare but with real ownership
Fractional ownership can be a great thing. I own three fractionals on Bald Head Island (NC)

If you go this route and want to see some of our documentation I would be happy to share
Molanabe likes this.
Squid Row is offline  
Old 01-04-2019, 09:57 AM
  #12  
Admirals Club Admiral's Club Member
 
Join Date: Aug 2016
Location: Quitman, Louisiana
Posts: 79
Default

The rental company isn't there any longer, but most owners have their apartments on Airbnb, Home Away, VRBO, and sites like these.
BiminiCowboy is offline  
Old 01-05-2019, 02:20 PM
  #13  
Admirals Club Admiral's Club Member
 
Join Date: Oct 2017
Location: Saint Augustine Florida
Posts: 234
Default

Is a boat slip included ?
nauti enough is offline  
Old 01-30-2019, 11:16 AM
  #14  
Senior Member
 
Join Date: Feb 2010
Location: s. florida
Posts: 1,845
Default

cant really tell where the unit is located, maybe a clearer description and some pictures of the outside with front and rear views. thanks
pathfinder11 is offline  
Old 02-07-2019, 11:29 PM
  #15  
Senior Member Admiral's Club Member
 
Join Date: Jun 2009
Location: Lighthouse Point, Fl.
Posts: 2,299
Default

Originally Posted by flalawdawg View Post
Seems like the place is in a funk.
Used to spend 3 months a yr. for around 5 years with friends with South Bimini Home. They had been there 20 years. Never saw a penny's worth of appreciation either on the house or the empty lot next to it. Between the many power outages, the Islands water tank rotting and falling over in a winter storm, the flying teeth, and the many gun wars amongst the drug runners, it seemed the whole Island was always, "in a funk." There were however lots of Marlin around in those days so we put up with it.
SplashFL is offline  
Old 02-08-2019, 03:42 AM
  #16  
Admirals Club Admiral's Club Member
 
Join Date: Sep 2012
Location: Tampa, FL
Posts: 68
Default

His unit should be 4Q
NateDawg is offline  
Old 02-08-2019, 10:55 AM
  #17  
Admirals Club Admiral's Club Member
 
Join Date: Sep 2009
Location: Seacoast, NH
Posts: 2,840
Default

Air BNb and the like has really changed the landscape
of vacation homes..... I can stay 2 weeks in Bahamas, 2 weeks in Tahoe and 2 weeks in NY each year in places that are 10x nicer than any hi g is could buy in any of those places....and never come close to what I’d pay to buy one of em.

yes, there is no investment, but you never even have to change a shower curtain in 20 years.
hamptonsurf is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Thread Tools
Search this Thread