Villa Olga Careening Hole KI, St. Thomas, (MLS# 25-1414)


$6,490,000
Villa Olga Careening Hole KI
St. Thomas,
MLS# 25-1414
17 beds  |  17 baths


Villa Olga Careening Hole KI, St. Thomas,
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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
Maps
LocationArea
Estate: Careening Hole KI
Postal Code: 00802
Geo Lat: 18.334784
Geo Lon: -64.940613
Directions: Frenchtown to Olga's Fancy / Oceana
General Property Description
List Price: $6,490,000
Realtor.COM Type: Commercial
Lot Acres: 8.11
Total Bedrooms: 17
Total Bathrooms: 17
Taxes: 1
Tax Year: 2025
Furnished: Partial
Water Front: Yes
Pool: Yes
Zoning: R-3
Stamp Tax: Negotiable
Contract Information
Status: Active
Current Price: $6,490,000
Begin Date: 2025-07-21
Miscellaneous
PWD#: D9-8291-T009
Property Features
Sale Includes: Leasehold
View: Ocean

Listing Office: Stryker Real Estate, PC

Information deemed reliable but not guaranteed.