One Marina, Palm Cay

A second opportunity in the same development

When you sell a unit at One Marina for $1.8 million and the phone rings again a few months later with another Palm Cay owner asking you to handle their sale, it tells you something about the relationships you have built. This was that call.

The seller owned a 3-bedroom, 3-bathroom unit at One Marina, the flagship condominium building within Palm Cay. They had seen the result I achieved on Unit 307, which closed at $1.8 million, and wanted the same level of attention and market knowledge applied to their property. The unit was a different configuration at a different price point, but the seller's expectation was the same: find the right buyer, negotiate effectively, and close cleanly.

I took on the listing as the sole agent, bringing the same Palm Cay expertise and buyer relationships that had delivered the previous result.

1,700 square feet of refined marina living

The residences at One Marina offer some of the most refined condominium living in The Bahamas. This unit provides 1,700 square feet of living space on one level, with designer finishes and thoughtful touches throughout. The open floor plan draws the eye through the great room to the spacious terrace overlooking the 154-slip marina and the turquoise ocean beyond.

Three bedrooms and three full bathrooms give the unit genuine versatility, whether for a full-time resident, a vacation owner, or an investor looking at the rental market. The custom gourmet kitchen features luxurious Gaggenau appliances and marble counters, and the large laundry room and powder room add practical finishing touches that elevate daily living.

Residents at One Marina enjoy full access to Palm Cay's extensive amenity package: the beachfront clubhouse and restaurant, dockside cafe, fitness centre, spa, members' lounge, tennis courts, and beach club. The development's 154-slip marina is one of the largest in Nassau, attracting boaters from across the Caribbean and providing residents with direct access to the Exuma Cays.

Palm Cay's eastern Nassau location puts it within easy reach of the airport and downtown, while the gated community provides the security and exclusivity that international buyers demand. The development has continued to expand with new phases, reinforcing its position as one of Nassau's premier residential addresses.

Strong demand for turnkey marina condos

The market for luxury condominiums in Nassau was experiencing robust demand through late 2023 and into 2024. International buyers, many of them drawn to The Bahamas by its tax advantages and lifestyle, were seeking turnkey properties that required no construction, no renovation, and no management headaches. One Marina at Palm Cay fit that brief precisely.

Palm Cay itself had become one of the most active developments in the Bahamas market. New phases continued to sell, and resale units were trading at prices that reflected the development's maturation from a new project into an established community. The marina, the beach club, and the growing critical mass of residents had transformed Palm Cay from a promise into a proven product.

For buyers comparing options across Nassau, One Marina offered a compelling value proposition: designer finishes, marina views, resort amenities, and a gated community, at a price point below what comparable waterfront condos commanded in western Nassau or Paradise Island. The result was consistent buyer interest from both relocating professionals and vacation-home purchasers.

Two Palm Cay sales, one trusted agent

The unit closed at $800,000 in January 2024, providing the seller with a clean, efficient transaction handled by an agent who understood Palm Cay's market position and buyer expectations. The buyer was drawn to the marina lifestyle and the turnkey quality of the unit, and the transaction proceeded without the complications that can arise when an agent is unfamiliar with a development's nuances.

This sale brought my total Palm Cay transaction volume to $2.6 million across two units, establishing a track record of repeat success within the development. When sellers in Palm Cay evaluate their options for listing agents, this history of multiple closings within the same community carries real weight.

Repeat transactions in the same development are the strongest endorsement an agent can receive. They mean that clients who have seen your work firsthand choose to come back, and that other owners in the community hear about your results and reach out. Palm Cay has become one of the cornerstones of my practice in eastern Nassau, and I continue to work with buyers and sellers across the development.