Basics
| Location Cable Beach | Island New Providence/Paradise Island | Lot Number 6 | Construction Concrete Block |
| Category Apartment Complex | Total Finished Floor Area 6500 | Type Apartment Complex | Status For Sale Only |
| Bedrooms 12 beds | Bathrooms 12 baths | Area 6500 sq ft | Lot size 15000 sq ft |
| Year built 1970 | MLS ID 62819 |
Description
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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.
Property Features
- Amenities: Garden Area,Swimming Pool,Fully Fenced,Bed & Breakfast,Fully Walled,Impact Windows,Impact Shutters,Cable,Furnished,Hurricane Windows
- Shared Amenities: Pool Outdoor,Secured Entry,Storage Unit,Beach
- Style: Apartment
- Exterior Finish: Finished Concrete
- Sewer: Septic - Yes
- Water: City
- Road: Street
- Roof: Asphalt Shingle
- Foundation: Yes
- Air conditioning (Condo): Split
- Outdoor Area (Condo): Patio,Porch,Pool
- Assessment Includes (Condo): No Fee
- Parking Type: Open
Rooms&Units Description
- Units In Complex: 6
Miscellaneous
- Restrictions: None
- Site Influences: Easy Access,Family Oriented,View - Ocean,Sidewalk,Recreation Nearby,Waterfront - Ocean,Road - Paved,Pets Allowed,Can Be Rented,Beach Front