The Bahamas, February 8, 2025 – Calling the demand for sophisticated short-term vacation rentals ‘unprecedented,’ a Sotheby’s Concierge Auctions executive anticipates strong activity when bidding opens on two unique Caribbean-based properties – one in The Bahamas, another in Jamaica – this month.

A heated pool overlooks pristine white sand beaches, while the beachfront bar and grill create an ideal entertainment setting. Immaculate landscaping enhances the natural beauty of this one-acre sanctuary.
“It is extraordinary that two distinct properties, each designed with spaciousness, attention to architectural style and detail, as well as amenities that cater to a highly sophisticated luxury market, come to market at the same time,” said Danny Prell, Vice President of Business Development at the world’s largest luxury real estate auction house.
He stated that both properties offer a component critical to the demanding high-end vacation rental client – a unique location with unmatched beauty, privacy and serenity.
One of the properties, Coconut Island Estate in Abaco in the northern Bahamas, already has a proven track record of rental success, generating a significant six-figure income. Situated on a stretch of baby powder soft beach in the chain of islands known as the ‘sailing capital of The Bahamas’, the estate consists of four separate houses with a total of 10 bedrooms and nearly 9,000 square feet of space. The residence features a beachside bar and grill, a heated pool, and ample opportunities for guests to enjoy swimming and snorkeling without leaving the property. For those seeking adventure, nearby charter options offer boating, fishing, diving, or excursions to charming neighboring islands and settlements.

Kenyan Sunset Listed for $3.5M; offers a distinct fusion of Caribbean elegance and African inspiration across two majestic acres in prestigious Caribbean Heights. This exceptional estate comprises three thoughtfully designed structures, each embodying unique charm.
The second offering, Kenyan Sunset in Montego Bay, Jamaica is sprawled across two acres with three residences perched high atop a hill overlooking two world-famous golf courses and the historic Rose Hall Great House. Its fusion of Caribbean and African lends colour and features that give it the appeal of an architectural magazine cover. The main house features three bedrooms, a private office, a fully equipped kitchen designed for entertaining, a wine cellar, a media room, and a gym, all centered around a private pool. A second pool is located at one of the two cottages.
“The short-term vacation rental industry as we know it today was unheard of just a generation ago,” said Prell. “Globally, it is generating upwards of $87 billion annually and there is no sign of a slowdown. What is less well-known is the demand for luxury properties where those of a certain economic standing can enjoy all the family, friends and colleagues they want to have around them in a non-commercial environment. These properties, Coconut Island Estate in the Abacos of The Bahamas and Kenyan Sunset in Montego Bay, are quintessential opportunities for the client who wants everything at his or her fingertips in a location that is easy to access and hard to leave.”

The estate’s elevated position between the renowned White Witch and Cinnamon Hill golf courses delivers spectacular views, while sharing grounds with the historic Rose Hall Great House adds to its prestigious providence.
Sotheby’s Concierge Auctions is working in collaboration with local Sotheby’s associates in both locations. Coconut Island Estate is listed by Mitzi Pearce of Bahamas Sotheby’s International Realty for $5.4 million with bidding expected to start between $1 million–$1.75 million. Kenya Sunset is listed by Coleen Samuels and Julian Dixon of Jamaica Sotheby’s International Realty for $3.5 million with bidding expected to open between $750,000 and $1.25 million. Both auctions are scheduled to open on February 21 and close on March 1 as part of an inaugural live sale event during ModaMiami in Coral Gables, Florida. Prell said he would not be surprised if a single bidder opts for both.
“Finding one revenue generating property at this level in excellent condition is rare, finding two in the same region at the same time is extraordinary,” he said. “It should be exciting and one of the most active auctions we have had in recent history because both lend themselves to the opportunity for owners to enjoy when they want and earn revenue when they wish.”
About Concierge Auctions
Concierge Auctions is the world’s largest luxury real estate auction marketplace, with a state-of-the-art digital marketing, property preview, and bidding platform. The firm matches sellers of one-of-a-kind homes with some of the most capable property connoisseurs on the planet. Sellers gain unmatched reach, speed, and certainty. Buyers receive curated opportunities. Agents earn their commission in 30 days. Acquired by Sotheby’s, the world’s premier destination for fine art and luxury goods, and Anywhere Real Estate, Inc (NYSE: HOUS), the largest full-service residential real estate services company in the United States, Concierge Auctions continues to operate independently, partnering with real estate agents affiliated with many of the industry’s leading brokerages to host luxury auctions for clients. For Sotheby’s International Realty listings and companies, Concierge Auctions provides Sotheby’s brand exclusivity as Sotheby’s Concierge Auctions. Since inception in 2008, the firm has generated billions of dollars in sales, broken world records for the highest-priced homes ever sold at auction and sold properties in 46 U.S. states and 35 countries. The firm owns one of the most comprehensive and intelligent databases of high-net-worth real estate buyers and sellers in the industry, and it has committed to build more than 300 homes through its Key For Key® giving program in partnership with Giveback Homes™, which funds new homes for families in need from every property the company sells. For more information, visit ConciergeAuctions.com.