Multi-Unit Investment in St. Mary, Jamaica | Ocean-View Apartments at Salt Gut

  • J$ 55,000,000

Overview

Property ID: 98675
  • Apartment
  • Property Type
  • 8
  • Bedrooms
  • 8
  • Bathrooms
  • 5,355 Sq Ft
  • Area Size

Description

Investment Opportunity: Multi-Unit Residential Complex in St. Mary

This multi-unit residential property is strategically located along the scenic coastal corridor between Oracabessa and White River in St. Mary. The building spans a versatile layout designed for maximum rental yield and comprises eight distinct units. The current configuration includes five spacious bedroom units and two functional studio units, plus an incomplete one-bedroom suite on the top floor that presents a blank canvas opportunity to add immediate value and increase the building’s total yield.

Front-facing units offer unobstructed panoramic views of the turquoise Caribbean Sea, with the sound of waves and the sight of passing cruise ships forming part of the daily experience. The property sits on approximately 0.4879 acres and has a total finished area of about 5,355 square feet. Interior finishes are mixed flooring and finished concrete siding. Water and sewer service are provided by NWC. Multiple covered or paved parking spaces are available on the lot.

The recent expansion of flight services to nearby Ian Fleming International Airport has increased demand for properties along this corridor, supporting strong short-term rental and longer-term tenancy potential. This property is suitable as a multi-family residential estate or an income-producing investment, offering both immediate rental units and development upside through the unfinished top-floor suite.

Location: Salt Gut, St. Mary, Jamaica. Property type: Apartment. Status: For Sale. Bedrooms: 8. Bathrooms: 8.

  • Address: Salt Gut
  • State/county: St. Mary
  • Zip/Postal Code: 00000
  • Area: Retirement
  • Country: Jamaica

Details

Updated on June 15, 2026 at 12:34 am
  • Property ID 98675
  • Price J$ 55,000,000
  • Property Size 5,355 Sq Ft
  • Land Area 0.4879 Acres
  • Bedrooms 8
  • Bathrooms 8
  • Property Type Apartment
  • Property Status For Sale
  • Agency Century 21 Heave ho Properties

Additional details

  • Lot/Acres 0.4879
  • Sq Ft 5,355
  • Flooring Mixed
  • Type Property
  • Siding Finished Concrete
  • Water/Sewer NWC
  • Parking Multiple C/P

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Walkscore

Contact Information

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Shaniel Daley

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