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$ 4,950,000
Est. payment /mo
Active
NORTH COAST APARTMENTS New Providence/Paradise Island
UPDATED:
Key Details
Property Type Commercial
Sub Type Accommodation
Listing Status Active
Purchase Type For Sale
MLS Listing ID 67752
Property Sub-Type Accommodation
Property 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.
Location
Community Cable Beach
Area Cable Beach
Building/Complex Name New Providence/Paradise Island
Exterior
Amenities Available Fenced, Pool Outdoor
Courtesy of: The Bahamas MLS
