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2 ET AL Southgate Farm Ea

St. Croix, VI 00820
  • $23,950,000
  • STATUS: Active
  • ON SITE: 92 Days
  • MLS #: 24-517
UPDATED: 107 min ago
$23,950,000
  • 40
    BEDS
  • 48.21
    ACRES
  • 40
    BATHS
  • 0
    1/2 BATHS
  • 24,500
    SQFT
  • $978
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1980
Area:

School Ratings & Info

Description

The Tamarind Reef Resort and Marina is a unique investment opportunity for a developer with the luxury of an existing operational infrastructure to generate revenue during expansion. This 48 acres property is set on two spectacular beaches with fantastic snorkeling - a short swim from Green Cay, nestled in the architecturally stunning Southgate community and bounded to the east by a 100 acre Southgate coastal reserve just 10 minutes to historic Christiansted town. The property currently features a 161-slip full-service marina with dry dock storage in a sheltered lagoon that is one of the premier Hurricane Holes in the Caribbean. Seller is licensed Real Estate Agent in the VI. The resort enjoys USVI EDC Benefits. The sale is structured as a stock sale for maximum tax incentive. Continued

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© 2024 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: 2024-06-20T09:15:27.75.
www.buystcroix.com/homes/148725796
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2 ET AL Southgate Farm Ea St. Croix, VI 00820

  • Price: $23,950,000
  • Status: Active
  • On Site: 92 Days
  • Updated: 107 min ago
  • MLS #: 24-517
40
Beds
40
Baths
0
½ Baths
48.21
Acres
24,500
SQFT
$978
$/SQFT
1980
Built
Neighborhood:
East End 'A'
Area:
East End 'A'
Property Description
The Tamarind Reef Resort and Marina is a unique investment opportunity for a developer with the luxury of an existing operational infrastructure to generate revenue during expansion. This 48 acres property is set on two spectacular beaches with fantastic snorkeling - a short swim from Green Cay, nestled in the architecturally stunning Southgate community and bounded to the east by a 100 acre Southgate coastal reserve just 10 minutes to historic Christiansted town. The property currently features a 161-slip full-service marina with dry dock storage in a sheltered lagoon that is one of the premier Hurricane Holes in the Caribbean. Seller is licensed Real Estate Agent in the VI. The resort enjoys USVI EDC Benefits. The sale is structured as a stock sale for maximum tax incentive. Continued
Exterior Features

View Buck IslandEastHarborNeighborhoodNorthOceanPanoramicPastoralSeaWater Water Front Yes

Interior Features

Air Conditioning Yes

Property Features

Amenities DockHigh TrafficLiving Qtr on SiteMarinaOverhead DoorsPoolRestaurantStorageTennis Court Pool Yes Restrictions Yes Security Guard Tax Year 2024 Taxes 0.00 Zoning W-1

Listing information © 2024 St. Thomas Board of Realtors MLS & St. Croix Board of Realtors MLS.
Listing provided by Calabash Real Estate: (340) 718-5285.


© 2024 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: 2024-06-20T09:15:27.75.
 
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Hanley Team | Farchette & Hanley Real Estate
5063 Gallows Bay
Christiansted VI, 00820