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108+ La Grande Prince Co

St. Croix, VI 00820
  • $12,000,000
  • STATUS: Active
  • ON SITE: 37 Days
  • MLS #: 22-1088
UPDATED: 81 min ago
$12,000,000
  • 42
    BEDS
  • 7.63
    ACRES
  • 46
    BATHS
  • 0
    1/2 BATHS
  • 30,000
    SQFT
  • $400
    $/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. 30,000SF over six buildings. Resort currently has 42 guest rooms and suites. Past 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 (not longer active). 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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© 2022 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: 2022-08-18T14:15:32.65.
www.buystthomashomes.com/homes/130790567
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108+ La Grande Prince Co St. Croix, VI 00820

  • Price: $12,000,000
  • Status: Active
  • On Site: 37 Days
  • Updated: 81 min ago
  • MLS #: 22-1088
42
Beds
46
Baths
0
½ Baths
7.63
Acres
30,000
SQFT
$400
$/SQFT
Neighborhood:
The Palms At Pelican Cove
Area:
Company
Property Description
THE PALMS HOTEL: Unique turn-key opportunity to acquire growing Caribbean Beach Front Resort with significant value-add development potential. 30,000SF over six buildings. Resort currently has 42 guest rooms and suites. Past 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 (not longer active). 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. ThomasWater View Waterfront Sandy Beach Water Front Yes

Interior Features

Air Conditioning Split

Property Features

Amenities PoolRestaurantStorageTennis Court Pool Yes Restrictions Unknown Tax Year 2022 Taxes 28743.00 Zoning R-3

Listing information © 2022 St. Thomas Board of Realtors MLS & St. Croix Board of Realtors MLS.
Listing provided by Calabash Real Estate: (340) 718-5285.


© 2022 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: 2022-08-18T14:15:32.65.
 
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Coldwell Banker Stout Realty
6600 Estate Nazareth, Box J-5, Suite S-14
St. Thomas VI, 00802