Caribbean MLSReal Estate

9 Bed 5 Bath House in US Virgin Islands

Not published

The brief

The reason to consider it.

Investment opportunity on St. Thomas’s desirable Northside. This hurricane-damaged multi-family property spans two tax lots totaling approximately .99 acres and offers breathtaking views overlooking Inner and Outer Brass Islands.

Zoned R1 with an existing 5 unit configuration, the property presents exceptional potential for redevelopment or renovation to create a conforming use residence. Enjoy cooling breezes, a peaceful hillside setting, and a prime location just minutes from Northside beaches, shopping, and dining.

Rare opportunity to acquire nearly an acre with stunning views and significant upside in one of St. Thomas’s most sought-after areas.

Last confirmed

Type
House
Land
46,414 ft²
Year built
Available on request

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