A private island is up for auction in the Bahamas

You can own your very own slice of Caribbean paradise.

Little Ragged Island in the Bahamas -- also known as St. Andrews -- is for sale.

The 730-acre island boasts freshwater ponds, snorkeling and sailing opportunities. The island even has its own flamingos and your nearest neighbor would be a 10-minute boat ride away.

The island is on sale through Concierge Auctions, a U.S. real estate company that auctions properties to the highest bidder.

To join the auction, you need a $100,000 deposit. The island is listed for $19.5 million but there is no minimum bid.

Bidding opens March 26 and closes March 31.