11.45 Acre Development Lot in Coral Bay, St. John
Not published
5 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The brief
The reason to consider it.
DEVELOPMENT OPPORTUNITY IN CORAL BAY!!!
Situated in the serene community of Coral Bay, this property presents an exceptional opportunity for developers. Spanning over 11 acres of flat land, the site offers a versatile landscape suitable for housing development, subdivision or a creative Planned Area Development. The property is priced to sell; offers are encouraged and welcome.
Additional Info
- Easements: Of Record
- Road Assessment Year: 0.00
- Zoning: R-2Residential
- Grade: Flat
- Waterfront: N
Last confirmed
- Type
- Land
- Land
- 498,670 ft²
- Zoning
- R-2Residential
- Topography
- flat
- Permitted uses
- Housing development, Subdivision, Planned Area Development
What this listing includes
- Ocean view
- 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
Cost of entry
The asking price is not what it costs.
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