$685,000
St. Croix,
MLS# 14-59
Status: Closed
6 beds | 5.5 baths
1 / 43
Property Description
Waterfront villa with huge galleries and pool. Currently run as a very successful guest house. Live in owners' quarters and earn income from the three other suites (studio, 1 bedroom, and 2 bedroom). Entertain your guests at the fun and functional Tiki Bar near the pool. Hot tub too! Endless possibilities here! www.villamargarita.com.
Details
Maps
Documents
Location/Area
Plot/Unit Number: 22
Island: St. Croix
Estate: Salt River NB
Postal Code: 00820
Quarter: Northside 'B'
Geo Lat: 17.780864
Geo Lon: -64.762393
Directions: At Salt River Marina, turn toward Columbus Landing beach. Follow road to almost the end. You'll see sign for ''Villa Margarita'' on left. Turn onto this road. You need GATE CODE. Last house on right.
Contract Information
Sold Price: $685,000
Current Price: $685,000
Begin Date: 2014-01-01
General Property Description
Realtor.COM Type: Multi-Family
Lot Acres: 0.52
Total Bedrooms: 6
Total Bathrooms: 5.5
Sub Type: 2 - 4 Multi Units
Taxes: 2368.25
Tax Year: 2012
Subdivision: Salt River
Year Built: 1986
Furnished: Yes
Water Front: Yes
Pool: Yes
Zoning: R-1
Status Change Info
Status: Closed
Under Contract Date: 2015-01-12
Sold Date: 2015-02-25
Sold Price: $685,000
Intended Use: Other
Miscellaneous
General Condition: Good
Insurance Amt: 15000
PWD#: 1355
View
Waterfront: Sandy Beach
Amenities
X-Amenity: Tiki Bar, DISH, 2
Generator/Size: 7500
Baths
Shower/Tub: 3
Exterior
Landscape: Mature
Off Street Parking: Yes
Storm Shutters: Wood
Cistern
Approx. Cistern Size: 40000
Appliance
Air Conditioning: Split
Dishwasher: 1
Dryer: 1
Fans: 5
Microwave: 4
Range: 1
Refrigerator: 4
Washer: 1
Main House
Approx Interior SqFt - Main House: 2850
Fees
Association Fee Amount: 150
Listing Info
Sign: No
Property Features
View: North Shore; Ocean; STT/STJ
Amenities: Gas Grill; Work Shop
Flooring: Tile
Roof: Fluid Applied
Water Source: Cistern
Sewer: Septic
Road: Dirt
Terrain: Beach Front
Security: Alarm
Supplements
This highly rated (94 “Excellent” ratings on Trip Advisor) and successful guest home can be yours for well under a million dollars. Where on earth can you purchase a successful waterfront guesthouse at this price? Nowhere!!!
Located near Salt River marina and Columbus Cove, this historic area is centrally located and within walking distance to Pirate’s Tavern, a fun restaurant and bar, and close to famed Cane Bay, which is home to world-class diving and several great restaurants and bars.
The villa consists of a studio suite, one bedroom suite, two bedroom suite, and owners’ quarters. All rooms have a fantastic sea view. Guests all have a private balcony from which to enjoy the scenery and breezea, a hot tub, Tiki bar, and pool, in addition to access to the beach and ocean right in front of the villa.
Bookings here are consistent, and if owners operate the business themselves, they could enjoy a comfortable living. The possibilities are endless; a bed & breakfast, continuing to run it like it is currently being run; convert it to a SINGLE FAMILY HOME; create a dive/hotel operation.
The owners are ready for their next adventure, are you ready for yours?
Listing Office: US Virgin Islands Sotheby's International, St. Croix
Office Phone: 340-713-0204
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.