Caribbean MLSReal Estate

57g Et Al Southgate Farm Ea

Not published

The brief

The reason to consider it.

Buck Island and Christiansted town views from the knoll top of 5 parcels totaling 58 acres at the crossroads of the Christiansted and the East End in Southgate, prime for a residential development.

This R-1 zoned land has an approved Group Dwelling Permit issued by the Department of Planning and Natural Resources available upon request for qualified Buyers. This permit allows for the construction of 224 single family and townhouses (dwelling units) and recreational areas on Parcel 57-G, the 46-acre parcel.

The topography varies from flat to moderate to a slight slope and hilltop with many of proposed lots having good view of the sea. Parcel 57-F is 9.6 acres and will be reserved for storm water and irrigation. There are two wells.

Last confirmed

Type
Land
Land
2,526,257 ft²
Zoning
R-1
Topography
flat
Subdivision approved
Yes
Water
Yes
Permitted uses
Single family, Townhouses

What this listing includes

  • Ocean view

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