Caribbean MLSReal Estate

17.71 Acre Waterfront Development Lot in US Virgin Islands

Available on request

The brief

The reason to consider it.

Extraordinary waterfront development opportunity awaits you! Spanning 17.71 acres of prime land zoned R3, this flat site stands as one of the most coveted prospects for development across the Caribbean. Revel in the soothing melody of ocean waves, breathtaking south shore panoramas, and an expansive stretch of over 1,100 feet. Three lots - REM 152 Whim, REM 153 Whim, and 170B Whim, are part of this sale, priced competitively for development.

Envision the myriad of development opportunities this gem presents! Think resort, hotel, casino, conference center, medical tourism hub, continuing care retirement community, entertainment extravaganza, recreational water park, eco-home enclave, first time homebuyers’ subdivision, mixed use - the possibilities are many!

Last confirmed

Type
Land
Land
771,266 ft²
Zoning
R3
Topography
flat
Road frontage
1100 m
Permitted uses
Resort, Hotel, Casino, Conference center, Medical tourism, Retirement community, Entertainment, Water park, Eco home, Subdivision, Mixed use

What this listing includes

  • Beachfront
  • Ocean view
  • On-site security
  • Gated community
  • Conference room
  • Restaurant or bar

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