38 - 50 Acres Beachfront Land in The Caribbean

Vacant Land for Sale
Catylist Listing ID: 30636412
Property Subtypes: Residential (Single Family), Retail-Pad, Vacation/Resort, Other
Gross Land Area: 38 - 40 Acres
Sale Price: $35,000,000
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 12/3/2020

Overview / Comments

This unique property is located in St. Elizabeth a significant tourist destination. It has over a mile of beach front exposure overlooking the Caribbean Sea. It is the only available property in Jamaica with this type of exposure and water views. The land is flat and ready for development. The mountains overlook the property.

The property is ideal for an executive hotel, condos, beach front villas. a casino as well as a shopping plaza.

Additional Details

Taxing Authority: Jamaica Revenue Authority
Property Visibility: Excellent
Legal Description: 38 acres, 1 rood and 19 P of land part of Wild Pen ,Parrottee in Parish of St, Elizabeth
Highway Access: secluded land in a quiet secluded part of this area ,away from major traffic flow
Airports: Donald Sangster International Airport Montego Bay
Site Description: This unique property overlooks the Caribbean Sea. Ideal for beach development and access by boat. Boat ramp and pier development very viable option. The mountains overlooks the property in the back. The property is over 38 acres and could be used to develop beach front houses or condominiums. Luxury style hotel or a casino can be another possibility. Of course retail shops could supplement any or all of this. Also one person can purchase this property and develop as he/she wants
Area Description: Tourist destination with several villas and vacation rentals. Great potential for development of condos, hotel and retail shops
Zoning Description: Hotels. Condos. High End Apartments. Casino. Single family homes
Topography: Level
Soil Type: Mixed
Available Utilities: Electric, Water, Sewer, Cable, Internet Access, Other
Water Service: Municipal, Other
Sewer Type: Municipal, Other

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