Caribbean MLSReal Estate

Historic St. Thomas Property in Opportunity Zone

Not published

The brief

The reason to consider it.

Step into history with this exceptional St. Thomas property, perfectly positioned within a designated Opportunity Zone, offering rare potential for tax advantages and long-term value.

Rich with historic charm and architectural character, this versatile asset is ideal for owner occupants, mixed use development or high performing short term rental. Imagine living upstairs while generating income below or transforming the space into a boutique hospitality experience.

Located near key attractions, dining and shopping, the property blends old-world Caribbean appeal with modern investment and potential tax benefits. Whether you’re an investor or visionary homeowner, this is your chance to own a piece of history while building future returns in one of the islands most desirable locations.

Additional Info:
Restrictions: Of Record
Zoning: R-4
Tax Year: 2025
Taxes: 755.82

Last confirmed

Type
House
Land
4,359 ft²
Year built
Available on request

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