Caribbean MLSReal Estate

Commercial Lot For Sale - US Virgin Islands

Not published

The brief

The reason to consider it.

A rare small commercial lot zoned B-2 on Raphune Hill, just below Villa Blanca.

This property is suited for medical or office use and offers spectacular views of the Marina and downtown.

It can be combined with the adjacent lot (4-2) to create a larger parcel.

Last confirmed

Type
Commercial
Land
13,498 ft²
Use
Mixed use
Zoning
B-2
Interior
Available on request
Year built
Available on request

What this listing includes

  • Ocean view
  • Marina

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