Karen Stanton
Description
West IS best with this 11+ acre parcel with its 840 feet of gorgeous beachfront zoned W1 PLUS just across the street on the East side undeveloped land zoned R3! One structure which once was Coconuts beach bar & restaurant this amazing property also features a renovated studio cottage, 2 Hugo ruins to the North near Mahogany Rd on the beach. Conveniently located just minutes from downtown Frederiksted and the pier. Build rental/hotel units across the street with ample parking and set up the beachside with lobby, restaurant/bar/lounge and more. Maybe St. Croix's version of Nikki Beach St. Baarts! Amazing property like this with prime zoning does not come along often.
Both the old restaurant & cottage are currently leased for a total of $4250 per month
Farchette & Hanley Real Estate
listing details
- Listing ID: 00010833019
- Property type: Lot/Land
- Contract type: For Sale
- Price: $ 2,650,000.00
- Lot size: 502,246.80 Sq. Ft. - 46,660.30 Sq Mt.