Bidding Starts On:
September 20, 2024 at 4:00 PM EDT
Bidding Closes On:
September 26, 2024 at 9:00 PM EDT
Currently Listed for $12M | Starting Bids Expected Between $1M-$3M
146± ac private island
1/9
Architectural/Development Plan
Plan for Dolphin Island Country Club and Resort; Approved for over-water bungalows; $4.5 million in investment to date; Sold with all entities, permits, EIA studies, and concessions; Plan includes electricity and water, and ports and road infrastructure
Outdoor Features
Ideal for boats, with low tidal movement due to shelter by Isla Bastimento; 9 acres of water concessions (20 years plus renewables); Opportunities for solar energy infrastructure; Natural cove perfect for marina or wellness center
Additional Amenities
Zoned for multiple uses: hospitality, medicinal cannabis growing, and residential development; Three existing homes, one of which is for the caretaker; Tax credit for investors, plus 5% of the value for infrastructure;
Location
In Panamas Bocas del Toro archipelago off the coast of Isla Bastimento; Three hours to Bocas del Toro on Isla Cólon by car (15 minutes by boat); Private jet access at Bocas del Toro Airport; 30-minute flight from Panama City’s Albrook "Marcos A. Gelabert" International Airport; Two-hour flight from Ft. Lauderdale or Miami to Panama City; Close proximity to Costa Rica
Disclosure
Selling through a third party luxury private auction company. Property and opportunity details provided by seller or others; buyer to verify.
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