North Coast Apartments | BSD 5,188,000 | MLS# 62819
Taryn Hinsey Agent Photo
Taryn
Hinsey
KIKIVARAKIS & CO.
No. 10 Caves Professional Cen.
Caves Village,
Bahamas
MLS# 62819

Details

%
Years (35 year max)
Years



Address North Coast Apartments
AreaNew Providence/Paradise Island
Sub AreaCable Beach
CountryBahamas
PriceBSD 5,188,000
Property TypeApartment Complex
Bedrooms12
Bathrooms12
Floor Space6500 Square Feet
Lot Size0.34 Acres
Year Built1970
ParkingOpen
MLS® #62819

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 the Bahamas MLS


Location

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Data Source: Statistics Canada
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