South Bimini is one of the smaller, "outer" islands in the island manacle of the Bahamas. Primarily known for its offshore fishing spots.Maybe the biggest attraction on South Bimini has a rich, legendary history. Bimini is known for its deep, natural wells. One of the most noted of these was uncovered by voyager Ponce de Leon in the 16th century and is known as the "Fountain of Youth."