BahamasNassau and Paradise IslandCable BeachNorth Coast Apartments Lot-6

North Coast Apartments Lot-6 Cable Beach, Nassau and Paradise Island Bahamas

$4,950,000
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MCR Bahamas

$4,950,000
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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

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

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
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MCR Bahamas

The data relating to Bahamas real estate for sale/lease on this website comes in part from a cooperative data exchange program of the Bahamas Multiple Listing Service (MLS) in which these Brokers participate in the Bahamas Real Estate Association (BREA). The properties displayed may not be all of the properties in the Bahamas MLS database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker/Agent are marked with the IDX Symbol, indicating an agreement to exchange property information. Detailed information about such properties are noted as Courtesy of: The Bahamas MLS. Information provided is thought to be reliable but is not guaranteed to be accurate. You are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. This information is protected from unlawful duplication by copyright.

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