Morton
New Providence
Bahamas
Details
| Address | North Coast Apartments |
| Area | New Providence/Paradise Island |
| Sub Area | Cable Beach |
| Country | Bahamas |
| Price | BSD 4,950,000 |
| 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
Location
About
Tamara
Morton Bahamas Real Estate
Discover your dream property in The Bahamas with Tamara Morton, your luxury real estate expert. With a deep sense of local community and global perspective, Tamara brings a unique understanding of the subtle and the sublime to every property transaction. As a former marketing and merchandising professional for several of the world's most aspirational luxury brands, Tamara is well-equipped to help you find the perfect home that matches your lifestyle and taste. With 15 years of experience as a trusted wealth advisor to high-net-worth families, Tamara has the knowledge and expertise to guide you through even the most complex property transactions in the Bahamian regulatory environment. Contact Tamara today to experience the ultimate in luxury living in The Bahamas.
Mobile: 242.424.2949 | Phone: 242.702.8788 | www.tamaramorton.com
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