CABLE BEACH COMPLEX
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
-
Address CABLE BEACH COMPLEX
-
Country Bahamas the
-
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
Get Directions
Walk Score
Walk Score
Somewhat Walkable
Bike Score
Somewhat Bikeable
Contact
Ratings & Reviews
0 Reviews
Similar Properties
CARMEN CLOSE SUB. ROAD
$550,000Income-Generating 11-Unit Apartment Complex – Blue Hill Road Area, New Providence Situated on two spacious lots totaling 11,740 sq. ft., this 11-unit apartment complex is a rare investment opportunity in the growing Blue Hill Road area of New Providence. Each unit features a 1-bedroom, 1-bathroom layout with an open-concept kitchen and living area, designed for […]
Apartment Complex
$5,500,000Property has a backup generator, gated with remote control access, beach chairs, bbq facilities, ice machine on property and shared balcony overlooking the beach. (14) 1 bedroom apartment units with kitchen and laundry facilities. Each unit has its own 43 inch smart TV, WiFi, memory foam mattress, towels and linens provided. Remote Ceiling fan with […]
3 MULTIFAMBUILDINGS
$595,0003 fully rented 2 story multifamily apartment buildings / complex represented by 8 apartment units: 6 – 2 beds 1 bath 2 – 1 bed 1 bath Rents vary. Tenants have resided long term. Rental income generates a return on investment of 8.7% annually. A very real rate that rarely comes by. The complex sits […]
SEABREEZE LANE
$510,000Seabreeze Lane triplex on a 70% of an acre lot. This immaculate triplex sits alongside a huge vacant lot, altogether measuring 30,796 sq. ft. of property, that is also included with the sale. Each unit of the triplex has 2 bedrooms/1 bathroom generating reasonable income. An investor’s dream, this irresistible lot is large enough for […]
