Reef 5-919 One Casino Drive

Paradise Island | New Providence

A Piece of

Highrise Heaven

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Madeline Wilkinson

Presented At

$595,000

Bedrooms

Bathrooms

Living

974

SQFT

Stone Countertops

Fitness Center / Gym

Terrace

Balcony

Pool

Water View

Beachfront

Waterfront

Ocean View

Oceanfront

Renovated

Modern

Investment Property

Reef 5-919 One Casino Drive, Paradise Island, NP, Paradise Island, New Providence, The Bahamas. - Photo 1

Reef 5-919 One Casino Drive, Paradise Island, NP, Paradise Island, New Providence, The Bahamas. - Photo 2

Reef 5-919 One Casino Drive, Paradise Island, NP, Paradise Island, New Providence, The Bahamas. - Photo 3

Reef 5-919 One Casino Drive, Paradise Island, NP, Paradise Island, New Providence, The Bahamas. - Photo 4

Reef 5-919 One Casino Drive, Paradise Island, NP, Paradise Island, New Providence, The Bahamas. - Photo 5

Reef 5-919 One Casino Drive, Paradise Island, NP, Paradise Island, New Providence, The Bahamas. - Photo 6

Reef 5-919 One Casino Drive, Paradise Island, NP, Paradise Island, New Providence, The Bahamas. - Photo 7

Reef 5-919 One Casino Drive, Paradise Island, NP, Paradise Island, New Providence, The Bahamas. - Photo 8

Reef 5-919 One Casino Drive, Paradise Island, NP, Paradise Island, New Providence, The Bahamas. - Photo 9

Reef 5-919 One Casino Drive, Paradise Island, NP, Paradise Island, New Providence, The Bahamas. - Photo 10

Reef 5-919 One Casino Drive, Paradise Island, NP, Paradise Island, New Providence, The Bahamas. - Photo 11

Reef 5-919 One Casino Drive, Paradise Island, NP, Paradise Island, New Providence, The Bahamas. - Photo 12

Reef 5-919 One Casino Drive, Paradise Island, NP, Paradise Island, New Providence, The Bahamas. - Photo 13

Reef 5-919 One Casino Drive, Paradise Island, NP, Paradise Island, New Providence, The Bahamas. - Photo 14

Reef 5-919 One Casino Drive, Paradise Island, NP, Paradise Island, New Providence, The Bahamas. - Photo 15

Reef 5-919 One Casino Drive, Paradise Island, NP, Paradise Island, New Providence, The Bahamas. - Photo 16

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Reef 5-919 One Casino Drive

Paradise Island | New Providence

Reef 5-919 One Casino Drive, Paradise Island, NP, Paradise Island, New Providence, The Bahamas. , Paradise Island , New Providence

Resort Living At The Reef

Welcome to Reef 5-919, a refined oceanfront sanctuary perched high above the white sands of Paradise Beach. Set within the prestigious Atlantis Resort on Paradise Island, this elegant 5th-floor residence masterfully blends the comforts of a private retreat with the dynamic energy and luxury amenities of a world-class destination. Newly remodeled and exquisitely furnished, this one-bedroom residence presents an unparalleled opportunity to experience elevated beachfront living in the heart of The Bahamas.â

5th
Direct access to the pristine sands of Paradise Beach
Fully furnished with bespoke, island
Expansive private balcony perfect for sunrise views and evening cocktails
Gourmet kitchen with granite countertops, custom European cabinetry, and high
Recently renovated with upgraded finishes and refined crown molding
Exclusive to The Reef: full kitchens in every unit
Private owner privileges including concierge service and access to owner
On
Versatile investment opportunity: ideal for personal use or rental income.

The interiors of Reef 5

Gallery

3D Street View Tour

Property Location

Reef 5-919 One Casino Drive, Paradise Island, NP, Paradise Island, New Providence, The Bahamas., Paradise Island New Providence

Local Weather & Climate

Paradise Island, New Providence

Current Conditions Updated recently

81 °F

Scattered clouds

Feels Like 86°F

Humidity 83%

Wind 14 mph

Visibility 6.2 mi

Sunrise 11:54 AM

Sunset 10:49 PM

5-Day Forecast

Mon 26 Jan

Clouds

High 81°

Low 81°

Tue 27 Jan

Rain

High 78°

Low 69°

Wed 28 Jan

Rain

High 71°

Low 69°

Thu 29 Jan

Rain

High 70°

Low 66°

Fri 30 Jan

Clouds

High 70°

Low 69°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Paradise Island?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Potential Tax Benefits (United States)

$0 Est. First Year Interest Deduction

$0 Est. Annual Tax Savings

*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Tax Information Disclaimer

The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:

Does not constitute tax advice and should not be relied upon as such. Tax laws are complex and vary by jurisdiction, individual circumstances, and are subject to change without notice.
May not be current or accurate for your specific situation. Tax rules are updated frequently by governments, and the information shown may not reflect the most recent changes.
Uses simplified assumptions that may not apply to your circumstances, including filing status, total income, other deductions, alternative minimum tax considerations, and local tax variations.
Should not be used as the basis for any tax planning decisions or financial strategies without consulting a qualified tax professional licensed in your jurisdiction.

Before making any decisions based on potential tax benefits, you should consult with a qualified tax advisor, certified public accountant (CPA), or licensed tax professional who can evaluate your specific circumstances and provide advice tailored to your situation.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

$595,000

Reef 5-919 One Casino Drive, Paradise Island, NP, Paradise Island, New Providence, The Bahamas.

Paradise Island, New Providence

1 Beds

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Market Opinion

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Our perspective on current market conditions in Paradise Island. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis

International luxury real estate typically appreciates steadily over time.

Buyer Score

Estimated regional appreciation: 4% annually

Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $59,500,000 20% down ($11,900,000)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$5,113/day

Your home may appreciate while you sleep

$35,888/week $155,515/mo $1,866,180/yr

$100K Investment Comparison (10 Years)

Real Estate (Leveraged)

$281K

S&P 500 Index

$259K

High-Yield Savings

$155K

Real estate leverage: potential 8% advantage over stocks

-$32.7M

+$46.4M

$46.4M Potential Equity

vs $32.7M lost to rent over 10 years

$11.9M Down Payment Growth

3.9x

10yr

$46.4M

8.1x

20yr

$96.2M

12.6x

30yr

$150.3M

Wealth Comparison

×358

Equivalent to 358 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $150.3M

Time to Double Your Investment (accounting for market cycles)

42.4

years

Conservative

1.65% effective/yr

22.4

years

Market-Based

3.14% effective/yr

15.3

years

Optimistic

4.62% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $70.1M +18%

Market $81.0M +36%

Optimistic $93.5M +57%

$46.4M est. equity

20 Years

Conservative $82.5M +39%

Market $110.3M +85%

Optimistic $146.9M +147%

$96.2M est. equity

30 Years

Conservative $97.2M +63%

Market $150.3M +153%

Optimistic $230.9M +288%

$150.3M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does Reef 5-919 One Casino Drive, Paradise Island, NP, Paradise Island, New Providence, The Bahamas have?

This apartment at Reef 5-919 One Casino Drive, Paradise Island, NP, Paradise Island, New Providence, The Bahamas features 1 bedroom with 974 square feet of living space.

What is the size of Reef 5-919 One Casino Drive, Paradise Island, NP, Paradise Island, New Providence, The Bahamas?

This property offers 974 square feet of living space.

What is the listing price for Reef 5-919 One Casino Drive, Paradise Island, NP, Paradise Island, New Providence, The Bahamas?

This property is listed at $59,500,000, which equals $61088 per square foot.

Is now a good time to buy a home in Paradise Island?

Based on current market indicators, Paradise Island shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What type of property is Reef 5-919 One Casino Drive, Paradise Island, NP, Paradise Island, New Providence, The Bahamas?

This is a apartment located in Paradise Island, New Providence. The property is situated in an established neighborhood with convenient access to local amenities and services.

Brokerage: