Split-Level Multi-Family Opportunity in Mammee Bay

This split-level residence in the desirable Mammee Bay neighborhood presents a compelling value-add opportunity for developers and investors. The property totals approximately 393.90 m2 (4,240 sq ft) and is already configured for multi-family use. The main level offers generous living space, while the basement level contains two self-contained units, a two-bedroom and a one-bedroom, giving a strong starting point for conversion to income-producing apartments, vacation rentals, or a boutique short-term rental setup.

The existing layout provides a solid foundation for upgrading and modernization. While the property will benefit from refurbishment, its size, structural arrangement, and flexible design allow for reconfiguration, expansion, or enhancement of the current units to increase rental yield and long-term capital appreciation. There is scope to optimize unit layouts, add amenities, or improve finishes to meet market expectations for both long-term and short-term guests.

Location is a key asset. The property is situated minutes from major attractions including Dunn’s River Falls and Dolphin Cove, and close to the tourism center of Ocho Rios, supporting strong short-term rental demand and steady visitor traffic. Easy access to nearby beaches, the North Coast Highway, and local commercial amenities further supports both rental demand and resident convenience.

Property details include Lot 33 Mammee Bay, St. Ann, Jamaica. Type: House. Status: For Sale. Additional features of relevance: approximately 0.25 acres of lot area, eight bedrooms, seven bathrooms, total square footage listed as 10,890, finished concrete siding, National Water Commission water and sewer service, and additional parking available. Flooring is noted as other. The combination of size, multi-unit layout, and location presents a flexible redevelopment prospect for various investment strategies.