Caribbean MLSReal Estate

10-bedroom house in Coral Bay, St John

Available on request

The brief

The reason to consider it.

Rare investment opportunity in the heart of Coral Bay. Two adjacent properties, 13-F and 13-G Carolina, span approximately 0.54 acres and offer a combined 10BR/10BA with an established short-term rental history. Walk to the bay, restaurants, shops, studios, groceries, and public transportation. The offering includes a 4BR/4BA residence with a pool, office, gym, storage, and ample parking, plus six additional bedrooms across a flexible mix of studio, 1BR, and 2BR rental accommodations. Continue the existing hospitality operation, live on-site while generating income, or build upon planned improvements and reconfiguration. Longer-term potential includes exploring rezoning and expansion, subject to review and approval. The property features air conditioning, a masonry cistern, and a membrane roof. The seller may consider flexible deal structures for qualified buyers. Some real estate opportunities are compelling because of what exists today. Others are compelling because of what they can become. This offering presents both.

Year built
2007
Type
House
Land
25,037 ft²

What this listing includes

  • Air conditioning
  • Fitness centre
  • Pool
  • Furnished
  • Ocean view
  • Parking
  • Storage
  • Terrace

What people say about US Virgin Islands

Sources agree that the US Virgin Islands is simple to enter for Americans, since it is US territory, but costly to run once there.

  • Concern WAPA electricity is expensive and outages are routine; backup power is treated as standard
  • Concern Insurance is a hard market: higher premiums, large percentage windstorm deductibles, trouble for wood-frame homes; flood is separate
  • Mixed Closings are attorney-led, take longer than on the mainland, and need a USVI-licensed lender; surveys matter on irregular hillside lots
  • Mixed Condo costs are driven by windstorm insurance; check reserves and master policy before buying

Read what people say, based on 14 sources

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law