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    108+ La Grande Prince Co

    St. Croix, VI 00820
    • $10,500,000
    • STATUS: Active
    • ON SITE: 234 days
    • MLS #: 20-422
    UPDATED: 51 min ago
    $10,500,000
    • 42
      BEDS
    • 7.63
      ACRES
    • 46
      BATHS
    • 0
      1/2 BATHS
    • 30,000
      SQFT
    • $350
      $/SQFT
    Type:
    Commercial
    Area:

    School Ratings & Info

    Description

    THE PALMS HOTEL: Unique turn-key opportunity to acquire growing Caribbean Beach Front Resort with significant value-add development potential. Property comprises four contiguous parcels totaling 7.635AC and over 900 linear feet of sandy beachfront with gorgeous coral reef. Improved with approx 30,000 SF over six buildings. Resort currently has 42 guest rooms and suites.Prior owner had received (now expired) CZM approval to expand to 104 rooms. Buyer can investigate renewal possibilities for substantial upside. Large beach-side pool with adjacent restaurant and bar. Tennis court. Located in Opportunity Zone! Past owner had EDC benefits. Financials available to screened and qualified buyers only. See 'Documents' for more info and inventory of personal property included in offering.

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    © 2020 St. Thomas Board of Realtors Multiple Listing Service & St. Croix Board of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information displayed on this website for listings other than those of the website owner are displayed with permission of the St. Thomas Board of Realtors Multiple Listing Service (MLS). Real estate listings held by brokerage firms other than the owner of this website are marked with the words “Broker Reciprocity" or logo. This website may not display the entire St. Thomas Board of Realtors MLS active database, as some owner(s) of records may not have given permission for their listings to be displayed. Information is from sources deemed reliable but is not guaranteed. Prospective buyers should verify information independently. Data last updated: 2020-10-24T15:15:33.
    www.buystthomashomes.com/homes/103772974
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    108+ La Grande Prince Co St. Croix, VI 00820

    • Price: $10,500,000
    • Status: Active
    • Updated: 51 min ago
    • MLS #: 20-422
    42
    Beds
    46
    Baths
    0
    ½ Baths
    7.63
    Acres
    30,000
    SQFT
    $350
    $/SQFT
    Neighborhood:
    The Palms At Pelican Cove
    Area:
    Queen
    Property Description
    THE PALMS HOTEL: Unique turn-key opportunity to acquire growing Caribbean Beach Front Resort with significant value-add development potential. Property comprises four contiguous parcels totaling 7.635AC and over 900 linear feet of sandy beachfront with gorgeous coral reef. Improved with approx 30,000 SF over six buildings. Resort currently has 42 guest rooms and suites.Prior owner had received (now expired) CZM approval to expand to 104 rooms. Buyer can investigate renewal possibilities for substantial upside. Large beach-side pool with adjacent restaurant and bar. Tennis court. Located in Opportunity Zone! Past owner had EDC benefits. Financials available to screened and qualified buyers only. See 'Documents' for more info and inventory of personal property included in offering.
    Exterior Features

    View Buck IslandBVIEastNorthNorth ShoreOceanSeaSt. JohnSt. ThomasStt/StjWater View Waterfront Sandy Beach Water Front Yes

    Interior Features

    Air Conditioning Split

    Property Features

    Amenities PoolRestaurantStorageTennis Court Pool Yes Restrictions Unknown Tax Year 2019 Taxes 28500.00 Zoning R-3

    Listing information © 2020 St. Thomas Board of Realtors MLS & St. Croix Board of Realtors MLS.
    Listing provided courtesy of Calabash Real Estate.


    © 2020 St. Thomas Board of Realtors Multiple Listing Service & St. Croix Board of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information displayed on this website for listings other than those of the website owner are displayed with permission of the St. Thomas Board of Realtors Multiple Listing Service (MLS). Real estate listings held by brokerage firms other than the owner of this website are marked with the words “Broker Reciprocity" or logo. This website may not display the entire St. Thomas Board of Realtors MLS active database, as some owner(s) of records may not have given permission for their listings to be displayed. Information is from sources deemed reliable but is not guaranteed. Prospective buyers should verify information independently. Data last updated: 2020-10-24T15:15:33.
     
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    Coldwell Banker Stout Realty
    6600 Estate Nazareth, Box J-5, Suite S-14
    St. Thomas VI, 00802