NORTH COAST APARTMENTS
Description
Introducing North Coast Apartments — a rare opportunity to own a fully stabilized, cash-flowing beachfront investment in the heart of Cable Beach, Nassau. Comprising six turnkey two-bedroom units, each professionally furnished and performing on Airbnb, this oceanfront property combines short-term rental performance with long-term capital appreciation. With a 7.4% cap rate, $385,000+ in annual NOI, and direct beach access, North Coast Apartments stands as one of the few multi-unit oceanfront assets trading in The Bahamas today. Nassau’s rental market continues to see record occupancy and nightly rates, driven by sustained tourism growth, new luxury developments, and investor appetite for branded, lifestyle assets. This is more than a property — it’s a proven income stream on one of the Caribbean’s most valuable coastlines.
Address
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Address NORTH COAST APARTMENTS
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Country Bahamas the
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City/Town New Providence/Paradise Island
Overview
- Property ID 62819
- Price $4,950,000
- Property Type Apartment Complex
- Property status For Sale Only
- Bedrooms 12
- Bathrooms 12
- Year Built 1970
- Size 6,500 SqFt
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Walk Score
Walk Score
Somewhat Walkable
Bike Score
Somewhat Bikeable
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