Caribbean MLSReal Estate

37.41 Acre Waterfront Development Lot

Not published

The brief

The reason to consider it.

Extraordinary waterfront development opportunity in America’s Paradise awaits you! Presenting the magnificent Estate Whim offering, spanning over 37 acres of prime land zoned R-3. Revel in the soothing melody of ocean waves, breathtaking south shore panoramas, and an expansive stretch of over 2,000 feet of pristine sandy coastline. Boasting an R-3 zoning designation, this easily accessible site stands as one of the most coveted prospects for development across the Caribbean. Whether envisioned as a singular venture or a fusion of resort, hotel, casino, conference center, medical tourism hub, continuing care retirement community, entertainment extravaganza, recreational water park, or upscale eco-home enclave - many, many possibilities!

Last confirmed

Type
Land
Land
1,630,022 ft²
Zoning
R-3
Topography
waterfront
Permitted uses
Resort, Hotel, Casino, Conference center, Medical tourism, Continuing care retirement community, Entertainment, Recreational water park, Eco home enclave

What this listing includes

  • Beachfront
  • Ocean view
  • Concierge
  • On-site security
  • Conference room

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