North Coast Apartments Lot-6 Cable Beach, Nassau and Paradise Island Bahamas
$5,188,000
- 12
- Bedrooms
- 12
- Full Baths
- 6,500 Sq Ft.
- Interior
- .3443 Acres
- Exterior
- Apartment
- Property Type
- 1970
- Year Built
- 62819
- Web Id
- 62819
- MLS ID
- 182
- days ago
About North Coast Apartments
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.
Listing Courtesy of Bahamas MLS
Listing Courtesy of Bahamas MLS
Amenities
- Furnished
- No Fee
- Pets Allowed
- Pool
- Swimming Pool
- Cable
features
- lot description
- Sidewalk, Beach Front, Concrete Block
- Style
- Split Level
Property Details
- Area
- Cable Beach
- Air conditioning (Condo)
- Split
- Outdoor Area (Condo)
- Patio, Porch, Pool
- Site Influences
- Easy Access, Family Oriented, View - Ocean, Sidewalk, Recreation Nearby, Waterfront - Ocean, Road - Paved, Pets Allowed, Can Be Rented, Beach Front
- Parking Type
- Open
- Restrictions
- None
- Water
- City
- Sewer
- Septic - Yes
- Style
- Apartment
Exterior
- Exterior Finish
- Finished Concrete
- Roof
- Asphalt Shingle
