127 Jamaica Beach, Tower Isle St. Mary | Income Property on 0.42 Acre with Redevelopment Potential

  • US$ 480,000

Overview

Property ID: 97008
  • House
  • Property Type
  • 6
  • Bedrooms
  • 4
  • Bathrooms
  • 18,458 Sq Ft
  • Area Size

Description

Property Overview

This property occupies a generous 0.4237-acre lot in an increasingly up-and-coming, affluent section of Riviera Boulevard, Jamaica Beach, Tower Isle. The existing building contains four adjoining single-storey apartments, configured as two 2-bedroom units and two 1-bedroom units, currently suitable for rental income. At the rear of the site there is an unfinished adjoining structure, offering scope for further improvement or reconfiguration with investment.

Features and Potential

The lot layout and size present strong redevelopment potential, with established precedent in the immediate area for high-spec, semi-detached townhouse developments. Multiple modern units have been successfully constructed on comparable sites nearby, demonstrating the feasibility of a higher-density, higher-value redevelopment. Alternatively, an investor may retain and upgrade the existing apartments to raise rental rates, while completing and enhancing the unused rear structure to increase overall yield.

Site Improvements

Additional on-site features include a swimming pool located to the rear left of the property and a detached double-storey concrete water tank at the rear right-hand side. Parking is available with multiple car/parking spaces. The building exterior is finished concrete and the interior flooring is mixed. Water service is provided by NWC.

Summary

This is a flexible asset in a location experiencing steady, higher-end residential transformation, offering both immediate income from the existing apartments and clear long-term upside through renovation or redevelopment. The property is Type: House, Status: For Sale, located at 127 Jamaica Beach, Tower Isle, St. Mary, Jamaica. Total lot size is 0.4237 acres (approximately 18,458 square feet), with a current interior configuration providing six bedrooms and four bathrooms across the four units.

  • Address: 127 Jamaica Beach, Tower Isle
  • State/county: St. Mary
  • Zip/Postal Code: 00000
  • Area: Tower Isle
  • Country: Jamaica

Details

Updated on June 15, 2026 at 1:19 am
  • Property ID 97008
  • Price US$ 480,000
  • Property Size 18,458 Sq Ft
  • Land Area 0.4237 Acres
  • Bedrooms 6
  • Bathrooms 4
  • Property Type House
  • Property Status For Sale
  • Agency Coldwell Banker Jamaica Realty

Additional details

  • Lot/Acres 0.4237
  • Sq Ft 18,458
  • Flooring Mixed
  • Type Property
  • Siding Finished Concrete
  • Water/Sewer NWC
  • Parking Multiple C/P

Mortgage Calculator

Walkscore

Contact Information

View Listings
Dean Jones

Enquire About This Property

Similar Listings

The information provided on NewLocay is for general informational purposes only. All property listings, descriptions, and details are provided by third-party agencies and agents or pulled from their platforms. NewLocay makes no representations or warranties of any kind, express or implied, about the accuracy, completeness, reliability, suitability, or availability with respect to the property listings or related services. Any reliance you place on such information is strictly at your own risk.NewLocay is not responsible for the actions or representations of the agents and agencies listing properties on this platform. We recommend verifying all property details and conducting appropriate due diligence before making any decisions or transactions.By using this website, you agree that NewLocay will not be liable for any loss or damage arising from the use of the information on this site.

Compare listings

Compare