It is not a hoax, but what it really is, is yet to be determined. The Bimini Road is a highly contested phenomenon. To some, it is merely a natural underwater stone formation near North Bimini island, discovered in 1968. To others, the Bimini Road is an ancient road, or perhaps a collapsed wall of the civilization of Atlantis.
Only a complete study, science and time will tell us what it is.
Good luck and best wishes.