Basics
- Date added: Added 13 hours ago
- Category: Apartment Complex
- Bedrooms: 12
- Bathrooms: 12
- Area: 6500 sq ft
- Lot size: 15000 sq ft
- Year built: 1970
- Currency: BSD
- Island: New Providence/Paradise Island
- Lot: 6
- Sale or Rent: For Sale Only
- Date Listed: 2025-06-10T00:00:00
- MLS ID: 62819
Description
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Description:
Introducing North Coast Apartments â 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. Nassauâs 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 â itâs a proven income stream on one of the Caribbeanâs most valuable coastlines.
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Location
Building Details
- Foundation: Yes
- Construction: Concrete Block
- Exterior material: Finished Concrete
- Roof: Asphalt Shingle
- Parking: Open
Amenities & Features
- Sewer: Septic - Yes
- Style: Apartment
- Shared Amenities: Pool Outdoor,Secured Entry,Storage Unit,Beach
- Air conditioning (Condo): Split
- Water: City
- Outdoor Area (Condo): Patio,Porch,Pool
- Amenities:
Miscellaneous
- Site Influences: Easy Access,Family Oriented,View - Ocean,Sidewalk,Recreation Nearby,Waterfront - Ocean,Road - Paved,Pets Allowed,Can Be Rented,Beach Front
- Monthly Assessment: 0
- Road: Street
- Restrictions: None
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This property is shown courtesy of The Bahamas MLS.
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