Where is Bailout Island? It can not be found on Google Earth. However, this secret hideaway location is just south of the chain of islands known as the Flip-Flop Islands and lies north of INeedATan Island. Bailout Island is a fictional paradise that allows you to escape from the “ho-hum” and the boredom of everyday life. A wide selection of coastal decor, beach decor, and even nautical decor.