David Fedeles, St. Croix Real Estate

Coldwell Banker St. Croix Realty

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Featured Client: Investing in the Island Economy

September 13, 2016 by Team Fedeles

John Muldrow researched St. Croix real estate online from Texas for nine months before making the trip to look at properties. That’s commitment.

texas_vi_flagsA little background on John: He currently lives in Midland, Texas, and is originally from Arlington, Texas. He’s a real estate investor by trade and a licensed Texas real estate broker. While he’s not ready to retire, he’s known for awhile that he’d like to have roots in the Caribbean, somewhere under the U.S. flag, and St. Croix, USVI, was the natural choice.

David’s first encounter with John was on his initial visit to the island, when he bought his Candle Reef condo. Since then John’s purchased a few investment properties – and he closed on the sale of his condo just a few days ago! Next up, he’ll be closing on the purchase of a home in a few months, where he and his fiance will move over the course of the next year.

John’s interest in owning real estate on St. Croix is in island economic-based investments, not on vacation rentals. So far, he has invested in a few properties, from a 12-unit apartment complex in Whim to a distressed single-family home on the East End. The future may hold additional multi-unit complexes. John’s prowess in identifying and assessing the potential of investment properties, and willingness to hold stake in our island community, is to be respected. He also still has properties in North and West Texas.

When asked about his experience working with David, John said:

David’s knowledge of the island is exceptional. So much so that he recognizes almost every property, which is pretty unusual. So, I can ask a few questions of David and he can give me a pretty quick rundown of something I have an interest in, what the pros and cons might be.

After helping John discover investment properties around the island, David was thrilled to help him find his Caribbean dream home. John was looking for a home with a view of the water and shoreline, someplace high up, with a cooling East breeze, and some privacy. He and his fiance’s home had to be functional for guests and for his corporate home office, as his long-term intent is to move his office here. For now, they will live here about 80% of the time while still running their other investment properties from the Texas office.

John’s favorite thing to do on island is spending Sunday afternoon sunbathing, enjoying the water, and watching the sunset at Rainbow Beach. He also enjoys Thursday open mic night at Castaways and says the value and quality of food at Blue Water Terrace is superb.

John’s final words during our interview are for anyone reading this who hasn’t experienced what St. Croix has to offer:

I would invite the folks from the States not to waste anymore time. Get down here and enjoy what’s right here at your fingertips!

Filed Under: Featured Clients

Let STX Delivery Feed You

September 6, 2016 by Team Fedeles

stx_deliveryWe’ve all been there. You’re home, you’re hungry, but the fridge is empty and the cabinets are bare. Whether you’re having a lazy day at home or it’s a hectic day at the office, there’s a new business on island that will deliver take-out food to you from participating restaurants. STX Delivery will deliver to your home, office, marina and even some local beaches.

All you have to do is sign up on their web site – www.stxdelivery.com – place a pin on their map to show your location and verify your identity. Delivery rates range from $5 to $25, based on the distance between the restaurant and your delivery location.

Participating St. Croix restaurants (at the time of this post):

  • 2plus2
  • Blue Water Terrace
  • Cast Iron Pot
  • CHOP & Grill
  • Deep End Bar and Grille
  • Eat @ Cane Bay
  • El Sol
  • J&V Diner
  • Lion’s Pride Restaurant
  • Marias Cantina
  • Rhythms at Rainbow Beach
  • Sai Gon Deli
  • Singhs
  • Tavern 1844
  • The Galleon
  • Un Amore
  • You Are Here Bar and Grille
  • Ziggy’s Island Market

Be sure to follow them on Facebook to learn about new restaurants and services added.

Thanks for adding this convenience for those of us living on St. Croix!

Filed Under: Food on St. Croix

Waterfront House Hunting on FYI Network

August 31, 2016 by Team Fedeles

Screen Shot 2016-08-31 at 1.05.43 PMSt. Croix was featured on FYI Television Network’s Waterfront House Hunting, with a cameo of yours truly!

Chicago natives Mike and Elaine are looking for a home in Cotton Valley, St. Croix in the US Virgin Islands. This marine couple have hung up their business attire and traded it in for sunscreen and board shorts. Mike has started his own fishing charter on the island and is practically a merman! Elaine loves the sweeping water views and can’t wait to spend every moment by the water. Elaine wants a modern home with a sprawling floor plan where she can entertain. Mike wants a cozy island home where he can kick back with a drink and enjoy the sea views. Will this couple end up living in a modern paradise or tiki palace?

Despite their differing opinions about the style of home they wanted, Mike and Elaine saw three beautiful properties with stunning ocean views. Which one did they choose? Watch Waterfront House Hunting to find out!

Filed Under: Moving to St. Croix

National Rum Day

August 16, 2016 by Team Fedeles

cruzanrumWho knew?! Thanks to GoToStCroix.com, we learned that today, August 16, is National Rum Day. But isn’t every day Rum Day on St. Croix?

Captain Morgan Distillery and Cruzan Rum both call St. Croix home.

At the Cruzan Rum Distillery, you can tour the open-air warehouses and walk among the massive distilling vats and wooden aging barrels. In the Visitor’s Center, you’ll taste island-inspired rums and unique cocktails made with the Nelthropp family’s award-winning spirits.

You’ll learn all about the history of rum and how The Captain’s spiced rum is made at the Captain Morgan Distillery Visitor Center. The experience ends in the pirate-themed tasting bar with the huge variety of rums that Diageo has to offer.

Check out The Rum Issue on GoToStCroix.com to learn more about the history of rum on our beautiful island. Cheers!

Filed Under: Fun on St. Croix

HGTV’s Beachfront Bargain Hunt: Fleeing Chicago, Illinois for St. Croix

August 7, 2016 by Team Fedeles

hgtvWe’ve been waiting with bated breath for our episode of HGTV’s Beachfront Bargain Hunt – Fleeing Chicago, Illinois for St. Croix – and it’s finally here! Ania, Kyle, Maya and Niko’s hunt for their dream home in the U.S. Virgin Islands airs tonight at 8pm EST.

Ania and Kyle have been married for seven years and have two young children, Maya and Niko. Between raising the kids and operating a thriving mortgage company outside their hometown of Chicago, they’ve rarely been able to escape for a family vacation. But when the opportunity presented itself, they managed to visit the U.S. Virgin Island of St. Croix and quickly fell in love with its tranquil vibes and picturesque setting. After this life changing experience, Ania and Kyle decide to make this a regular occurrence and feel the purchase of their very own St. Croix beach house would be the perfect way to ensure future family getaways continue. With the help of local real estate agent, David Fedeles, they hope to find a pristine slice of sandy paradise for $375,000 or less.

If you miss the premier, you can stream it online or download the HGTV Watch app on your phone.

Save

Filed Under: Featured Clients, Moving to St. Croix

Go Team ISV!

August 5, 2016 by Team Fedeles

teamISVThe U.S. Virgin Islands has seven athletes competing in four sports in the Rio 2016 Olympics. Team ISV includes three athletes from St. Croix: Caylee Watson, swimming, women’s 100m backstroke; LaVerne Janet Jones-Ferrette, athletics, women’s 200m; and Muhammad Halim, athletics, men’s triple jump.

You can follow the Virgin Islands Olympic Committee on Facebook for updates on Team ISV.

According to the Rio 2016 web site, “Peter Holmberg’s silver in sailing at Seoul 1988 is the only Olympic medal to date won by an athlete under the banner of the Virgin Islands, US.” The territory’s first Olympic appearance was in 1968 in Mexico City.

Go Team ISV!

Filed Under: St. Croix History

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About David Fedeles

Twice voted Best Real Estate Broker on St. Croix. Coldwell Banker President's Circle three years in a row. Read More…
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St. Croix and New York

David Fedeles is a licensed real estate broker in both St. Croix USVI and New York. If you are looking for your dream home in America’s Paradise, David is ready to work with you!

Contact David Fedeles today!

Tel: 340-778-7000
Cell: 340-690-4665
[email protected]
Office Location:
Coldwell Banker St. Croix Realty | Gallows Bay Mkt
5030 Anchor Way, Suite 12 | Christiansted, VI 00820

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