The Coral Beach Hotel is also a condominium complex located right on the beach at Coral Road and Royal Palm Way. The facility was seriously damaged back in 2004 and 05 but has been completely renovated since then. About 90% of the condos have also been renovated and updated and are available for rent directly from the owners. Each is unique and has its own character. There is a restaurant/beach bar located on the site serving delicious food and cocktails at very reasonable prices. Check out The Coral Reef Beach Bar on Tripadvisor. It's a short 10 minute walk up the beach to Port Lucaya Market Place, where you can buy anything from T shirts to emeralds, and everything in between. The beach itself is never crowded, the water is crystal clear and the sand feels like sugar. Don't be surprised if you meet a celebrity or two; it's a secret hideaway for some of the rich and famous.