Resort Apartment/Villa in JIMMY CLIFF BOULEVARD

Montego Bay, St. James

For Sale

USD $ 13,500,000

     JMD $2,128,005,000  |    CAD $19,377,208  |    £10,484,849  |    €12,494,892  |  
MLS-86787
  • 100 Bed(s)
  • 106 Bath(s)
  • 52,000 SqFt

Property Description

Landmark Hotel located on Jimmy Cliff Boulevard directly across from the world famous Doctors Cave Beach (a white sand beach) in Montego Bay. There are 100 rooms and beautifully appointed suites. Facilities include a central front desk and concierge reception area, a porte-cochere driveway , 2 restaurants, poolside bar & BBQ area, recreational & private event spaces, fitness center, 8 retail spaces, a swimming pool, lush garden areas and private parking with 2 bus bays. In addition, there are executive offices, staff accommodations and a laundry to complete this offering which shuttered in 2020. The area is centrally located with public transport, hotels, retail stores, restaurants and local attractions nearby. This property spans over 2.5 acres (10,117.11 sq. m) with a frontage of 1345 sq. ft (or 125 sq. m) along this main road known as "The Hip Strip" where the demand for real estate has been growing steadily. There is ample room for hotel expansion, condominiums or other commercial development, if desired. The international airport is minutes away with daily commuter services serving 5.2 million passengers. An incredible investment opportunity !

Interior

  • Other Flooring: Ceramic Tile

Exterior

  • Lot Size (Sq. Ft.): 108,900
  • Roof: Decramastic

Site Influences

  • Central location
  • Easy Access
  • Private Setting
  • Landscaped
  • Waterfront - Ocean
  • Acreage
  • Level Lot
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MORTGAGE CALCULATOR

    • Monthly Payment: JMD$145,00
    • Interest Rate: 8.99%
    • Term (yrs.): 35 Years
    • Monthly Payment: JMD$145,00
    • Interest Rate: 7%
    • Term (yrs.): 35 Years
    • Monthly Payment: JMD$145,00
    • Interest Rate: 9.9%
    • Term (yrs.): 35 Years
    • Monthly Payment: JMD$145,00
    • Interest Rate: 9.85%
    • Term (yrs.): 35 Years
    • Monthly Payment: JMD$145,00
    • Interest Rate: 10.25%
    • Term (yrs.): 35 Years
  • NHT

    • Monthly Payment: JMD$145,00
    • Interest Rate: 5%
    • Term (yrs.): 35 Years
    • Monthly Payment: JMD$145,00
    • Interest Rate: 9%
    • Term (yrs.): 35 Years
    • Monthly Payment: JMD$145,00
    • Interest Rate: 10.75%
    • Term (yrs.): 35 Years
Disclaimer:

Please note that whilst PROPERTY SOLUTIONS LTD. endeavour to provide accurate information in respect to the mortgage calculator, the use of the same is at your own discretion and risk and PROPERTY SOLUTIONS LTD. does not accept responsibility for any consequences that may arise from your reliance on the respective institutional interest rates and the calculations provided therein. Further, the mortgage calculator is intended for guidance only and you are advised to seek professional specialist advice from your financial or mortgage institution.

Listing courtesy of: MILLENNIUM PROPERTIES SALES