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MLS# 105892 Available For Sale

E33, SANDCASTLE, MAIN STREET

$203,000 USD

apartment
Bedrooms 1
Bathrooms 1
SQ Footage 450

Description

Enjoy this rare waterfront one-bedroom with a loft in the heart of Ocho Rios. With direct ocean views from your private balcony, you can watch cruise ships dock, walk to the pier, grab drinks at Margaritaville, experiece local bars and restaurants, gift shops, and the town centre. No car needed for this one. This active tourist 24 hour secured community boasts above-average occupancy rates and incredible short-term rental potential. The unit offers 1 bedroom + loft sleeping area, 1 bathroom, and endless upside with light cosmetic upgrades needed only in the kitchenette and bathroom. Eco-smart features include strong foot traffic demand, cruise ship guest appeal, a local short term marke t to compliment the very strong international demand for priceless waterfront locations that drives consistent bookings. Your dream investment or vacation escape awaits at just USD $198,000. A cash buyer can estimate a ROI of 10% and above while a financed buyer with a 20% deposit earns approximately 18% at 60% occupancy. Break-even occupancy is below 50%. Those number are more than achievable in the booming tourist town of Ochi Rios, Jamaica's #1 port of call. Lets Go!!!

Amenities

  • Security System
  • Garden Area
  • Ceiling Fans
  • Swimming Pool
  • Kitchen Built-in(s)
  • Fully Walled
  • 24 Hour Security
  • Night Security
  • Unfurnished
  • Central location
  • Easy Access
  • Family Oriented
  • Private Setting
  • View - Ocean
  • Low Maint Yard
  • Recreation Nearby
  • Quiet Area
  • Landscaped
  • Seniors Oriented
  • Level Lot
  • Gated Community
  • Beach Front
Summary
Parking Types
Multiple C/P
Garage
false
Lot Sqft
174784
Style
Apartment
Interior Features
Interior Features
Security System,Garden Area,Ceiling Fans,Swimming Pool,Kitchen Built-in(s),Fully Walled,24 Hour Security,Night Security,Unfurnished
Sqft Total
450
Exterior Features
Roof
Decramastic
Construction
Block and Steel
Exterior Finish
Finished Concrete
Lot Features
Central location,Easy Access,Family Oriented,Private Setting,View - Ocean,Low Maint Yard,Recreation Nearby,Quiet Area,Landscaped,Seniors Oriented,Level Lot,Gated Community,Beach Front
Lot Sqft
174784
Water
NWC
Nearby Schools

Location

Middlesex, St. Ann, Jamaica

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Learn more about Saint Ann

The “Garden Parish” of St. Ann is one of the most popular regions on the island, especially for tourists. Home to one of the most famous waterfalls in the Caribbean, Dunn’s River Falls, it boasts a stunning coastline with turquoise seas and hidden gems like its over 60 underground caves. Its most famous town is called Ocho Rios.

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Saint Ann