Villa Olga Careening Hole KI, St. Thomas, 00802 (MLS# 25-1414)
$6,490,000
St. Thomas, 00802
MLS# 25-1414
17 beds | 17 baths
1 / 23
Property Description
Exceptional opportunity to acquire a leasehold interest on 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 are a 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.
Details
Location/Area
Plot/Unit Number: Villa Olga
Island: St. Thomas
Quarter: South Side
General Property Description
Realtor.COM Type: Commercial
Total Bathrooms: 17
Taxes: 1
Furnished: Partial
Tax Year: 2025
Lot Acres: 8.11
Water Front: Yes
Pool: Yes
Zoning: R-3
Stamp Tax: Negotiable
List Price: $6,490,000
Total Bedrooms: 17
Listing/Selling Member Info
Approx Int Sqft: 0
Miscellaneous
PWD#: D9-8291-T009
View
Ocean: 1
Sale Includes
Leasehold: 1
LocationArea
Estate: Careening Hole KI
Postal Code: 00802
Geo Lat: 18.334784
Geo Lon: -64.940613
Directions: Frenchtown to Olga's Fancy / Oceana
Contract Information
Status: Active
Current Price: $6,490,000
Begin Date: 2025-07-21
Property Features
Sale Includes: Leasehold
View: Ocean
Listing Office: Stryker Real Estate, PC