NORTH COAST APARTMENTS, Cable Beach, New Providence/Paradise Island

  • $4,950,000
New Providence/Paradise Island, Bahamas
  • Apartment Complex
  • Property Type
  • 12
  • Bedrooms
  • 12
  • Bathrooms
For Sale

NORTH COAST APARTMENTS, Cable Beach, New Providence/Paradise Island

New Providence/Paradise Island, Bahamas
  • $4,950,000
  • Property ID: M62819
  • Price: $4,950,000
  • Land Area: 15000 Sq. Ft.
  • Bedrooms: 12
  • Bathrooms: 12
  • Property Type: Apartment Complex
  • Property Status: For Sale
  • Subdivision Cable Beach

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.

  • Subdivision Cable Beach
  • Island New Providence/Paradise Island

Contact Information

Agent Bio
Courtesy of the Bahamas MLS

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Courtesy of the Bahamas MLS
  • Courtesy of the Bahamas MLS