By Roger Drouin
Jamaica Royale is a beachfront resort of 175 units, including several style units — including one-story villas, two-story townhouses, and two towers featuring two-bedroom Gulf condos. The community is best known for its three heated pools, one directly on the beach, and its expansive stretch of private beach and miles of Siesta sand in either direction.
“Jamaica Royale is a highly sought-after property with over 300 feet of crystal white sand beach just south of the twice ranked #1 Siesta public beach,” says Realtor Bob Ruiz, of Key Solutions Real Estate.
There are seven units listed for sale in the community, ranging from a 1,285-square foot two-bedroom, two-bath fifth-floor tower unit listed for $950,000, to a one bedroom, one bath 728-square foot villa listed for $395,000, as of press time.
“Popularity of this community is exemplified by the fact that three units recently went under contract in less than one week after listing,” noted Ruiz.
A garden-view villa is listed for $475,000, or $516 a square foot. The 921-square-foot, two-bedroom, two-bath unit features a private back sun patio facing south. The unit, located in the middle of the Jamaica Royale property, is a very short stroll to the community’s expansive beach, and the walk is a scenic one. “It is a very short walk out the back door down a beautiful sidewalk all lushly landscaped,” says listing agent Todd Nahrwold.
The unit has a nice layout and feels spacious for a two-bedroom beachside villa, added Nahrwold, also of Key Solutions Real Estate. The master bedroom features an ensuite bath, and the guest bedroom has ample space to fit two queen beds. The unit has in-unit laundry, as well. “It is a very well-maintained unit,” Nahrwold says, noting the new sliding doors that led to the sun patio.
The owners of the unit live in Kentucky and have used it for family use about four to five months out of the year, renting it out the remainder of the year, Narhwold said, and they are selling the unit due to health reasons. Even renting the unit out for only part of the year, the unit made about $25,000 in annual rental income last year.
According to Samie Mannina, General Manager and onsite Real Estate Broker, most unit owners in Jamaica Royale participate in the on-site rental program, with some owners renting units for most of the year and others renting only part of the year. The minimal stay for rentals at Jamaica Royale is seven nights, offering flexibility for owners who wish to rent out their units. Each unit is wired for private, high-speed Wi-Fi.
In addition to the onsite rental program, the community features an established rental clientele.
While Nahrwold was taking photos of the property grounds for the unit’s listing, he met a couple vacationing from the Midwest who said they have been renting a unit at Jamaica Royale for the past 25 years.
“Much of the property is the villa [buildings] and nice grassy areas, so it is a low density property [overall] and quiet,” Nahrwold told Siesta Sand.
Mannina indicated that although the community is pet friendly for owners; this policy does not extend to renters.
Jamaica Royale was built in phases from 1965 to 1976, and has undergone several recent upgrades.
Although the resort’s original putting green no longer exists, the three pools, two barbeque areas, shuffleboard court and two tiki huts are some of the resort’s amenities.
Recent listings and sales
The smallest listing, a one-bedroom villa, features several upgrades, including a renovated kitchen and bath. As of press time, the unit was listed for $395,000, or $543 a square foot. All of the windows in this unit have motorized hurricane shutters.
On the higher end of the price scale, a fifth-floor tower unit is listed for $950,000. At 1,285 square-feet the two-bedroom listing comes out to $739 a square foot. The beachfront residence has southwest vistas of the Gulf of Mexico and completely upgraded interior, including all new kitchen with wood cabinets and new stainless appliances, and includes new furnishings. The kitchen/dining area has sliders that lead to the enclosed balcony. This property is advertised as a great rental-income unit.
Another two-bedroom tower unit is also on the market for $789,000. At 1,194 square-feet, the listing comes out to $661 a square foot. The two-bedroom, two bath unit is turnkey furnished and features Gulf sunset and sunrise views from the 4th floor balcony and clear pool views.
- Tags: Sand Castles, Siesta Key Condos