Palm Cay, Bahamas — Marina Living, Beach Club & Homes for Sale

Palm Cay Community Snapshot

Glenn's Take:

"Palm Cay is Nassau's most investment-focused gated marina community. The combination of an award-winning marina, private beach, growing amenity set, and active vacation rental market creates something unique on New Providence. I've helped buyers across every building here — the key is matching the right unit to your hold strategy, whether that's personal use, rental income, or both."

Property Types & 2026 Pricing

The Anchorage condos are Palm Cay's entry point — single-level 2-3 bedroom units with patios, travertine floors, 9-foot ceilings, and access to a dedicated pool. These are the strongest lock-and-leave option and perform well as vacation rentals.

Garden Townhomes are multi-level 3-4 bedroom layouts popular with families and longer-stay owners. Various locations and sizes, with proximity to pools and marina varying by specific unit.

ONE Marina is Palm Cay's premium offering — marina-front luxury condos with Gaggenau appliances, marble counters, and marina/ocean views. Phase 2 units are available. Awarded one of the 2018/19 World's Best Real Estate Developments by the International Property Awards.

New Construction 2026

Palm Cay is the fastest-growing residential development in the Bahamas. Multiple new phases are under construction as of February 2026:

The Palms Phase 2 — Phase 1 is sold out. Phase 2 units range from $700K to $1.98M. Several units are already sold. Remaining availability as of early 2026 includes units priced at $700K, $725K, $750K, $825K, $1.25M, $1.5M, and $1.98M. These are contemporary townhomes with the full Palm Cay amenity package.

Little Palms Phase 2 (Building F) — Compact units from $700K. Most units are already sold, with limited availability remaining.

Coming Soon: Cay Village (commercial centre with retail and dining), padel court, Cove Club, and wellness spa are all under construction, adding significant lifestyle value to existing and new owners.

Marina & Boating

The marina is Palm Cay's defining feature — and the primary reason many owners choose this community over alternatives.

194 slips accommodating vessels from 18 to 110 feet. Full-service with fuel (gas and diesel), water, 24-hour security with SeaGate access, and marine services. Voted the #1 marina in the Bahamas on Active Captain for 5+ consecutive years. Palm Cay is one of only three developments in the Bahamas offering marina, beach, and gated residential living in a single master plan.

Boating access: Palm Cay's location on the southeast coast provides a straight shot to Rose Island (a quick day trip) and serves as an ideal launch point for the Exuma Cays. On calm days, experienced boaters can reach the northern Exumas in under two hours.

Slips: Available for purchase, with sizes ranging from approximately 35 to 50+ feet. Some slips transfer with the residence; others require separate purchase. Availability, LOA/beam limits, and fees vary. There may be waitlists for the most popular sizes.

Glenn's Tip for Boaters:

"If you own a boat, confirm slip fit, waitlist status, and annual fees before touring homes. The slip is often the deciding factor, not the unit. I verify all marina details — LOA restrictions, beam limits, availability, transfer rules — before we write a single offer."

Amenities & Daily Life

Palm Cay operates like a resort you happen to live in. The amenity set is a major driver of both lifestyle appeal and rental demand.

Beach: 1,200 linear feet of private white-sand beach with loungers, cabanas, and water sports rentals (kayaks, paddleboards, jet skis).

Pools: Resort-style pools with separate family and quiet zones. The Anchorage has its own exclusive pool.

Sports: Tennis courts, pickleball courts, putting green. Padel court under construction. Fitness centre.

Dining & Social: On-site beachfront restaurant and bar, Starbucks at the marina, active social calendar for residents. Cay Village commercial centre under construction — adding retail, dining, and services.

Family: Children's playground, bike rentals, and safe gated environment. St. Andrew's International School is nearby on Nassau's east side.

Security: 24-hour gated entry, roaming security patrols, and marina SeaGate system.

Amenity sets differ by building and phase. Some amenities require separate Beach Club membership. Glenn confirms exact inclusions for each specific unit during due diligence.

Rental Income & Investment Returns

Palm Cay has one of the strongest vacation rental profiles of any Nassau gated community.

Palm Cay vacation rentals are active on Airbnb with a 4.9-star community rating. Demand is driven by the beach club, marina, and resort-style amenities that most standalone Nassau rentals cannot match. Rentals are permitted subject to community minimum-stay rules and management standards. Some buildings have approved management providers.

For maximising rental income, see the complete rental income guide.

Costs & Ownership

Glenn provides a line-by-line all-in cost breakdown for every specific unit — purchase price, closing costs, annual HOA, insurance, property tax, and projected net rental income — before you submit an offer. Use the interactive cost calculator for residency-qualifying purchases.

Palm Cay vs Nearby Communities

The choice comes down to three factors: marina slip priority (Palm Cay wins), condo vs. single-family preference (Treasure Cove for houses), and budget (Treasure Cove most accessible, Port New Providence highest entry). Glenn shows you live comps across all three communities so you can compare directly.

For other Nassau communities, explore: Albany (ultra-luxury golf), Ocean Club Estates (Paradise Island), Lyford Cay (exclusive enclave), Sandyport (canal living), Old Fort Bay (western Nassau).

How to Buy at Palm Cay

Glenn's step-by-step process for Palm Cay purchases:

1. Define your strategy. Personal use, rental income, or both? This determines which building and unit type makes sense. Anchorage for best rental ROI; ONE Marina for luxury lifestyle; The Palms for new-construction value.

2. Confirm marina requirements. If you have a boat, Glenn verifies slip fit, waitlist status, fees, and transfer rules for your vessel's LOA and beam before touring properties.

3. Shortlist 3-5 units. Glenn pulls current inventory across all buildings, including off-market options. You compare across marina-proximate vs. beach-proximate, sound profile, view, and inclusions.

4. Verify rental rules. Building-specific minimum stays, permitted platforms, and management options confirmed in writing before any offer.

5. Full cost analysis. Purchase price + closing costs + annual HOA + insurance + property tax + projected rental income = your real number. Glenn provides this for every shortlisted unit.

6. Offer and negotiate. Glenn pulls recent comparable sales, days on market, and seller posture to guide your offer price and terms.

7. Clean close. Attorney coordination, HOA ledger clearance, slip transfer documentation, furniture/punch list, insurance, and — if applicable — Economic Permanent Residency filing.

Talk to Glenn About Palm Cay

BREA Licensed #1247 | Bahamas MLS Member | Residency Consultant | 24+ Years

Glenn Ferguson has helped buyers across every Palm Cay building and phase — from Anchorage condos to ONE Marina penthouses. He provides unit-specific data: exact HOA costs, rental history, slip availability, and realistic investment returns.

Full-service from search to closing. Property identification, negotiation, attorney coordination, EPR filing, and rental setup. Seller pays commission — $0 cost to buyers.

View Glenn's full profile and credentials

Palm Cay FAQ

Sources: Palm Cay Development Company (palmcay.com), One Marina (one-marina.com), BREA MLS, Airbnb community data. Pricing, availability, and amenities subject to change. Last updated February 23, 2026.