Villa Olga Careening Hole Ki
Not published
23 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
Exceptional opportunity to acquire 8.1+ acres of R-3 zoned waterfront land in St. Thomas. This income-producing property includes a 17-key boutique hotel along with passive income from a long-term restaurant lease, dock, and other rental units.
Located in a highly desirable harborfront area with sweeping Caribbean views, it offers strong occupancy and rising ADR. Ideal for investors seeking redevelopment, expansion, or repositioning. Flexible zoning allows for multi-family, condo, or marina development. A rare blend of steady cash flow, development upside, and location in one of the most vibrant areas of the island.
Last confirmed
- Type
- Commercial
- Land
- 353,228 ft²
- Use
- Hospitality
- Zoning
- R-3
- Interior
- Available on request
- Year built
- Available on request
What this listing includes
- Pool
- Dock or mooring
- Restaurant or bar
- 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
The asking price is not what it costs.
More listings on the same island. Availability is confirmed when you enquire.
