Apartment in Nassau

North Coast Apartments — a rare opportunity to own a fully stabilized, cash-flowing beachfront investment in the heart of Cable Beach

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.