St. Mary, Jamaica Beach

Development Land (Residential)

  • MLS-99453
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For Sale
USD $2,995,000
JMD $ 473,689,200 CAD $ 4,048,972 € 2,577,199 £ 2,234,910

Property Description

Jamaica has tremendous potential, and the opportunity to acquire waterfront land for development on the island’s North Coast is becoming increasingly rare. Located in Jamaica Beach, St.Mary just minutes from Ian Fleming International Airport, this trophy waterfront 3.425-acre land parcel is comprised in three titles. Jamaica Beach is a waterfront neighbourhood east of Couples Tower Isle and approximately 9 km from Ocho Rios. Once a quiet coastal enclave, the area is now experiencing renewed growth, with new villas and multi-family resort apartments emerging nearby. The property sits across from the Pompano Commercial Centre and the residential communities of Caribbean Park and Balmoral Heights. The land abuts the A3 coastal road and occupies the first two lots at the intersection of Riviera Boulevard, the main access into the Jamaica Beach subdivision. The terrain is largely flat with two staircases providing direct sea access to swimmable water, and with thoughtful planning a groin and beach could be established along with a dock. A proposed subdivision of nine lots is available for review. Asking price based on recent valuation. Ideal for boutique resort-residential development.

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