NORTH COAST APARTMENTS, New Providence/Paradise Island, Bahamas
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.
Highlights:
Asking Price: $4,950,000
Asset Type: Boutique Multi-Family | 6 Units | 12 Beds / 12 Baths
Annual Revenue: Over $550,000 across Airbnb, VRBO, and direct bookings
Location: Prime Cable Beach — walking distance to dining, retail, and resorts
Condition: Fully renovated in 2024; new interiors, impact windows, and private patios
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.
👉 Request the full Offering Memorandum or schedule a private consultation to explore this exceptional investment opportunity.
12
beds
12
baths
6,500 Sq.Ft. LIVING AREA
15,000 Sq.Ft. lot
Cable Beach is a popular resort destination on New Providence Island, Bahamas, known for its luxury hotels, vibrant nightlife, and pristine white-sand beach.
ExploreRecognised by the Luxury Lifestyle Awards as the "Best Luxury Brokerage in The Bahamas", I look forward to helping you achieve your real estate goals. Discretion, market expertise and elevated customer service are hallmarks of commitment to every client. Get in touch with me today to begin your real estate journey.