Location: Runaway Bay, St. Ann, Jamaica

Price USD $35,000,000

Property Type: Development Land

Square Footage: 58 Acres

This rare and unique 58-acre, fully leveled land parcel offers an exceptional development opportunity, blending prime oceanfront property with commercial and residential potential. 

With over 1,000 feet of direct oceanfront and beach access, this property is positioned perfectly for a mixed-use development that could include large anchor stores, such as supermarkets, banks, restaurants (from fast food to high-end concepts), hardware stores, Knutsford Express, and more.

Surrounded by affluent and underserved communities like Richmond Estates, Paradisiac Beach Club, Cardiff Hall, and Discovery Bay, this tract is ideal for both commercial retail and high-end residential development. 

The oceanfront portion of the property is perfect for luxury housing, especially with neighboring luxury gated communities selling oceanfront homes for over USD $2,000,000 each.

Key Features:

1,000 feet of Oceanfront and beach access

800,000+ daily vehicle exposure along the North-South Highway, providing unmatched visibility

Surrounded by high-income neighborhoods with limited retail and commercial services within a 30-mile radius

Centrally located near Jewel Runaway Bay Resort, providing a perfect site for high-end retail and residential uses

Development Potential: 

This property is poised for a mixed-use development incorporating essential services that are currently lacking in the area. Picture the possibility of a vibrant commercial center with restaurants, banks, professional offices, and more, meeting the needs of the affluent residents of this high-demand location. 

The rear and oceanfront parcels are ideal for luxury residential units, aligning perfectly with the neighboring multi-million-dollar properties.

Valuation & Financing: 

While the property was appraised at US $29,000,000 over three years ago, this valuation did not account for the new luxury developments in the vicinity. 

Seller financing and joint ventures with mutually beneficial terms will be considered. 

The price is extremely negotiable, and all reasonable offers will be entertained.

Realtors (2%) Welcome 

This is a rare opportunity to secure prime development land in one of Jamaica's fastest-growing areas. 

With the right vision, this property can become a destination for retail, residential, and leisure development.

“If you build it, they will certainly come."

For additional information, please contact LocatorZONE today!

Price USD $35,000,000

Property Type: Development Land

Square Footage: 58 Acres

This rare and unique 58-acre, fully leveled land parcel offers an exceptional development opportunity, blending prime oceanfront property with commercial and residential potential. 

With over 1,000 feet of direct oceanfront and beach access, this property is positioned perfectly for a mixed-use development that could include large anchor stores, such as supermarkets, banks, restaurants (from fast food to high-end concepts), hardware stores, Knutsford Express, and more.

Surrounded by affluent and underserved communities like Richmond Estates, Paradisiac Beach Club, Cardiff Hall, and Discovery Bay, this tract is ideal for both commercial retail and high-end residential development. 

The oceanfront portion of the property is perfect for luxury housing, especially with neighboring luxury gated communities selling oceanfront homes for over USD $2,000,000 each.

Key Features:

1,000 feet of Oceanfront and beach access

800,000+ daily vehicle exposure along the North-South Highway, providing unmatched visibility

Surrounded by high-income neighborhoods with limited retail and commercial services within a 30-mile radius

Centrally located near Jewel Runaway Bay Resort, providing a perfect site for high-end retail and residential uses

Development Potential: 

This property is poised for a mixed-use development incorporating essential services that are currently lacking in the area. Picture the possibility of a vibrant commercial center with restaurants, banks, professional offices, and more, meeting the needs of the affluent residents of this high-demand location. 

The rear and oceanfront parcels are ideal for luxury residential units, aligning perfectly with the neighboring multi-million-dollar properties.

Valuation & Financing: 

While the property was appraised at US $29,000,000 over three years ago, this valuation did not account for the new luxury developments in the vicinity. 

Seller financing and joint ventures with mutually beneficial terms will be considered. 

The price is extremely negotiable, and all reasonable offers will be entertained.

Realtors (2%) Welcome 

This is a rare opportunity to secure prime development land in one of Jamaica's fastest-growing areas. 

With the right vision, this property can become a destination for retail, residential, and leisure development.

“If you build it, they will certainly come."

For additional information, please contact LocatorZONE today!

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