Caribbean MLSReal Estate

1.02 Acre Development Lot Mahogany Run, St. Thomas

Not published

Type
Land
Land
19,601 ft²
Zoning
R-3
Topography
sloped
Build ready
Yes
Subdivision approved
Yes
Water
Yes
Electricity
Yes
Mains drainage
Yes
Permitted uses
Single family, Duplex, Tourism, Boutique hotel

What this listing includes

  • Furnished
  • On-site security
  • Gated community
The brief

The reason to consider it.

Rare offering in gated Mahogany Run: 3 separate lots totaling 1.02 acres, each with its own tax ID.

The middle lot is an active construction site with permits and plans; shell, cistern, power, and septic are in place.

Each parcel is approved for a two-dwelling home, giving multiple options: continue the current build and keep the other two lots for privacy, develop additional homes for resale or rental, or sell one or more parcels individually. A unique investment in one of St. Thomas’s most desirable communities.

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