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Actor Lou Gossett Jr. has his sights on a lush, tropical island off Jamaica's northeast coast that once was the playground of the late Hollywood star Errol Flynn.

Gossett and a group of Jamaican investors were expected to fork over about $3 million for Navy Island, Finance Minister Omar Davies said Wednesday.

Navy Island is a half-mile-long stretch off the resort town of Port Antonio dotted with the fine, white beaches for which Jamaica is famous.

The sale also includes Navy Island Marina Resort, a 14-room hotel with villas, a nudist beach and good snorkeling, Davies said.

The island was owned by Donald Panton, a wealthy automobile dealer whose bank, building society and trust company went bust in 1994 and was taken over by the government.

Davies would not say when the sale would be completed.

Gossett has starred as Sgt. Emil Foley in "An Officer and a Gentleman" and as Chappy Sinclair in the four "Iron Eagles" films.

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