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Jamaica Estate Hits Market at $50M

PORT ANTONIO, JAMAICA-Errol Flynn's 1,600-acre estate is a prime opportunity to develop a high-end resort or eco-friendly development.

By Michelle Deakin | Updated on January 08, 2008

PORT ANTONIO, JAMAICA-The 1,600-acre coastal Caribbean estate of Hollywood legend Errol Flynn is on the market. With 3.5 miles of coastline, the undeveloped tropical tract, adjacent to the island’s Blue Mountain range, is priced at $50 million.

Newmark Knight Frank Capital Group is marketing the Errol Flynn Estate on behalf of his third wife and widow, Patrice Wymore Flynn. The firm’s senior managing director Kenneth Zakin tells GlobeSt.com that the most likely buyer for the property would be a developer of a high-end resort, with a golf course and spa. It could also potentially attract an “eco-friendly” development, given the unspoiled nature of the grounds, which Patrice Flynn has used as a cattle ranch.

Port Antonio is on Jamaica’s northeast coast, a remote part of the island that has not experienced the tourism boom of other island towns. It is also harder to reach, a two hour’s drive from the island’s Kingston airport. However, both the Jamaican government and developers are taking a renewed interest in the area.

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