$4,947,531

North Coast Apartments — A Rare Opportunity To Own A Fully Stabilized, Cash Flowing Beachfront Inves

  • 12 Beds
  • 12 Baths
  • 6,502 Sqft
  • Updated: August 7
  • 10
    Views for last 30 days
  • 4

About the Property

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, $385,0
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.
  • Property type

    Apartment

  • Price/sqft

    $761

Features

  • Pool
  • Water View
  • Terrace
  • Garden
  • Oceanfront
  • Beachfront
  • Renovated
  • Investment Property
  • Outdoor Living Space
Features

Lot

  • Beachfront
  • Water View
  • Oceanfront
  • Investment Property
  • Renovated

Indoor

  • Stone Countertops

Outdoor

  • Terrace
  • Balcony
  • Pool
  • Outdoor Living Space
  • Garden

Explore the Area

Nassau, New Providence, The Bahamas View on Google Maps
Price per sqft
Low
High

View 282 more listings in Nassau

Agence Mercure International

Joined 2 years ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

Agence Mercure International
France
View agency profile
1
Listings
2024
Joined

Book home tour with the agent

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
Agence Mercure International
Toulouse, France
View agency profile
Last updated
August 7
First listed
May 18
Listing reference
BHM4
Call

Start phone call with:

Hello, I’m calling for the property with the reference BHM4, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.