Your Agent for Life
163 Baillou Hill Road
New Providence
Bahamas
Details
| Address | North Coast Apartments |
| Area | New Providence/Paradise Island |
| Sub Area | Cable Beach |
| Country | Bahamas |
| Price | BSD 5,188,000 |
| Property Type | Apartment Complex |
| Bedrooms | 12 |
| Bathrooms | 12 |
| Floor Space | 6500 Square Feet |
| Lot Size | 0.34 Acres |
| Year Built | 1970 |
| Parking | Open |
| 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
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