Apartment Complex for Sale in Cable Beach, New Providence/Paradise Island

  • $5,188,000
New Providence/Paradise Island, Bahamas
For Sale

Apartment Complex for Sale in Cable Beach, New Providence/Paradise Island

New Providence/Paradise Island, Bahamas
  • $5,188,000

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.

Details

Property ID
62819
Bedrooms
12
Bathrooms
12
Land Area
0.34435261707989
Updated on October 14, 2025 at 1:26 pm

Contact Information

Engel Volkers Bahamas
  • Engel Volkers Bahamas
  • +1 242-328-7777 +1 242-557-1891
View Listings

Enquire About This Property

Similar Listings

Compare listings

Compare
Engel Volkers Bahamas
  • Engel Volkers Bahamas