2 ET AL Southgate Farm EA, Christiansted, St. Croix 00820

$23,950,000
40
BD
40
BA
List Price
$23,950,000
MLS#
24-517
Status
ACTIVE
Type
Commercial
Year Built
1980
Bedrooms
40
Acres
48.21
County
East End 'A'
Island
St. Croix

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

Additional Information

Pool
Yes

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Calculator source: Real Geeks

Listing courtesy of Calabash Real Estate.