Developers dream with water access and beach

Asking Price$4,000,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.Not Disclosed

Price per Sq. Ft.Not Disclosed

views of the Atlantic OceanSave

Developers dream with water access and beach


Asking Price$4,000,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.Not Disclosed

Price per Sq. Ft.Not Disclosed

Property Description
HUGE PRICE DROP! 30 acres of undeveloped land with views of the Atlantic Ocean. ne of the last large development parcels available on St Thomas, USVI. The land has access to its own beach and is nestled between two high end neighborhoods. The R-3 zoning allows for, single family homes, multi family homes, apartments and condos or any combination and will allow businesses that cater to the residents. Buy to develop the property with roads and utilities and then sell the subdivides lots! Meanwhile, enjoy the Caribbean lifestyle yourself. Come to the Caribbean with a US address. UNDER CONTRACT 9/12/24.
About the Property
Type
Vacant Commerical Land
Building Status
Proposed
Facilities & Assets
Paved road to the property that is walking distance to famous Magen's Bay Beach. Two access points. Separate secluded beach on property.
Location Description
Waterfront property located on the north side of St Thomas, USVI in the Caribbean between the highly sought after neighborhoods of Peterborg and Mahogany Run.
Current and Prior Use
Currently undeveloped land zoned for SFH, multi family homes, condos potentially with businesses allowed. Maybe a boutique hotel.
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Current Property Expenses
property taxes are the only expense. Currently $15,349/yr
Listing Info
ID:
2033141
Listing Views:
639
Attached DocumentsAttachment Disclaimer

SAT far 4 Rem Lovenlund.pdf


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Property Listed by: KarenKorsgren Saplis Sea Glass Properties

Listing ID: 2033141 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.