North Coast Apartments, New Providence Paradise Island
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.
Where it is
What's on near New Providence Paradise Island
09/29Weekly Walking ClubDockside · Atlanta09/29Guided Workshop: Painting Flowers
Community Center09/29Tuesday Take-over: 2Minds
Muziekgieterij · Maastricht09/30Travel now through September 30, 2026.
Viva Fortuna Beach by Wyndham
Climate · Nassau
Station: NASSAU AIRPORT NEW · 12.5 km from the representative point.
Explore monthly temperature and rainfall
Typical daytime temperature
1991–2020 station normals · Average daily high (°C)
Representative-station climate context, not today’s weather or a property-level hazard assessment. Missing monthly values are not estimated.
Read the values and sample counts
| Period or area | Average daily high (°C) |
|---|---|
| Jan | 26 |
| Feb | 27 |
| Mar | 27 |
| Apr | 29 |
| May | 30 |
| Jun | 32 |
| Jul | 33 |
| Aug | 33 |
| Sep | 32 |
| Oct | 31 |
| Nov | 28 |
| Dec | 27 |
Rainfall through the year
1991–2020 station normals · Mean monthly precipitation (mm)
Representative-station climate context, not today’s weather or a property-level hazard assessment. Missing monthly values are not estimated.
Read the values and sample counts
| Period or area | Mean monthly precipitation (mm) |
|---|---|
| Jan | 71 |
| Feb | 67 |
| Mar | 73 |
| Apr | 94 |
| May | 164 |
| Jun | 253 |
| Jul | 173 |
| Aug | 222 |
| Sep | 200 |
| Oct | 172 |
| Nov | 122 |
| Dec | 58 |
What's nearby 871 places
Getting there
Something wrong on this page? Tell us · How this page is put together
Within two kilometres
| Property | Distance | Beds | Asking |
|---|---|---|---|
| Seafoam, West Bay Street New Providence Paradise Island | 2 min walk | — | $3,250,000 |
| Caprice, Unit 9 New Providence Paradise Island | 3 min walk | 4 | $2,600,000 |
| Gated Lot In Cable Beach New Providence Paradise Island | 3 min walk | — | $160,000 |
| Rawson Court, Unit 102 New Providence Paradise Island | 3 min walk | 3 | $720,000 |
| Caprice West Bay Street, Unit 11 New Providence Paradise Island | 3 min walk | 4 | $1,600,000 |
| Rawson Court, Unit 304 New Providence Paradise Island | 3 min walk | 3 | $475,000 |
Straight-line distances from the coordinates each agent published, so treat a walking time as indicative. Look at the site on Google Earth