Condominium Sales St Thomas
A real estate agent can introduce you to the listed properties and help you narrow them down to those that fit what you are looking for. Contact the featured real estate agents above for more information on real estate on St. Thomas.
Note: This section is dated February 2021 prices, property estimates and numbers reflect the market at the time this section was written. Information is believed to be accurate but not guaranteed. Tables with historical data for home, land and condos sales were prepared by Team San Martin, RE/MAX St. Croix. Information is from MLS and deemed to be reliable, but is not guaranteed.
Homes For Sale With Waterfront In Saint Thomas Vi
So you are looking for homes with waterfront in Saint Thomas, VI? Excellent choice! Realtor.com® wants to make sure you can search for a house with waterfront with ease. That is why we have compiled a list of 65 homes with waterfront that are currently for sale within Saint Thomas, VI residential boundaries, including open house listings. View each home individually and read the property details, which include the price, sales history, property tax, school information and much more. Get instant access to property photos so you can explore the home online. Many people choose to live near Saint Thomas, VI because of its good reputation as well as its proximity to several parks and recreational areas. In fact, there are schools, universities, school districts and lastly parks nearby. Our goal is to help you buy your dream home.
How Do I Get Around St Thomas
Fly into Cyril E. King International Airport , located just a ten-minute drive from Charlotte Amalie. Once on the ground, opt for a taxi or rental car to get you the rest of the way to your destination. If you get a rental, take note that while St. Thomas is part of the United States, you drive on the left side of the road here. The islands public bus system, Vitran, makes stops across the island. Taxis are also widely used, especially in Charlotte Amalie.
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Lawsuit Claims Human Trafficking Forced Labor In Hurricane Repair Program
Eight men allege they were victims of human trafficking and forced labor after they were recruited to perform hurricane home repairs on St. Thomas in 2019 on the promise of earning $2,200 weekly, but were never paid, suffered inhumane working conditions, and threats of death or bodily harm when they complained, according to a verified complaint filed in V.I. Superior Court.
The men, who live in Puerto Rico, Pennsylvania, and Louisiana, allege in their complaint that they worked 31 days straight repairing hurricane damaged roofs on St. Thomas in 93-plus degree heat, without food or bathroom facilities and sometimes water, and were never paid for their work before they were abruptly fired and forcibly evicted from accommodations arranged by their employers.
The plaintiffs are Benjamin Osorio, Jeremy Santos Ramirez, Norberto Rivera Frese, Luis Enrique Camacho Mattos, and Rafael Ernesto Pastrana Lugo, all of Puerto Rico, Abiel Osorio Cotto, a citizen of Puerto Rico residing in Pennsylvania, and David Paul Gautreaux and David Lambert of Louisiana.
Defendants in the case are TJ Sutton Enterprises LLC, doing business as TJ Sutton, LLC AECOM, Inc. AECOM Caribe, LLP Citadel Recovery Services, LLC Bluewater Construction, Inc., doing business as Bluewater Staffing Company Thomas J. Sutton Celestino A. White Sr., doing business as Celestino White Consulting and Management Firm and landlords Jane Doe and John Doe.
What People Like About St Thomas Real Estate
- Abundant natural beauty and warm weather year round, perfect for water sports
- Comfortable lifestyle with access to fine dining, designer shopping, and golf courses
- Easy access to St Croix and St John, home to Virgin Islands National Park
- Sophisticated smart casual island atmosphere
- Homes protected by US Laws
- Cyril King International Airport directly in Charlotte Amalie
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Saint Thomas Vi Real Estate & Homes For Sale
- Brokered byStryker Real Estate, P.CFor Sale
Sale Of Reef Completed
- Daily News Staff
ST. THOMAS The long-discussed sale of the former Marriotts Frenchmans Reef and Morning Star Beach Resort is final with an affiliate of Fortress Investment Group acquiring the hurricane-damaged property for $35 million.
DiamondRock Hospitality Company, which acquired the property in June 2005 from Marriott for $350 million, announced the completion of the sale in its first quarter results on Thursday.
In addition to the cash consideration, DiamondRock maintains a participation right in the future profits of the hotel once certain return metrics are achieved.
According to DiamondRock, it received approximately $240 million in insurance proceeds after the 2017 hurricanes and the rebuild of the resort was less than 50% completed when construction was largely suspended in March 2020 as the COVID-19 epidemic exploded. Since the beginning of the year, DiamondRock says it only spent $2.5 million on the rebuild project.
Before stopping construction, DiamondRock had announced it planned to reopen the 478-room property as two separate hotels Frenchmans Reef Marriott Resort & Spa and Noni Beach, Autograph Collection.
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St Thomas Us Virgin Islands Real Estate Commercial For Sale
Search all commercial properties for sale on St. Thomas, USVI. This may include businesses for sale that do not own the Real Estate , as well as actual Real Estate property that has a business or could have a business.
St. Thomas is a great place for work and life. In additional to assisting towards the purchase of a business, we would also love to work with you towards finding your forever home.
House Hunting On St Croix: A Converted Sugar Mill With Sea Views
The U.S. Virgin Islands, heavily dependent on tourism, saw their three-year economic recovery stall amid the pandemic. But there is still plenty of life in the housing market.
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Welcome To Homes On Water Island
If you are interested in buying a home on Water Island, I am here to work for you to help you fulfill your dream. If you are a homeowner here, I can help you find a willing and able buyer.
As an agent for Stryker Real Estate, I have access to all real estate listed on Water Island through St. Thomas MLS. If you are thinking of buying a home or lot, we can represent you, the buyer. As a Buyers Agent, we represent only your interests, and have a fiduciary responsibility tomaintain confidentiality for you.
If you are a seller, we will help you develop an aggressive marketing campaign to maximize the potential of your property.
On September 6, 2017, The Virgin Islands, including Water Island, were hit by Hurricane Irma, a Category 5 storm, which inflicted significant damage throughout the islands. Then, on September 13, 2017, we were visited by another Category 5 storm, Hurricane Maria. Fortunately, the damage on Water Island was limited. A few homes suffered serious damage, but the damage to most homes, if any, was relatively minor, and most of the repair and rebuilding has been done, and Water Island has returned to being a tropical oasis. The real estate market that took a pause after the storms, has revived, and there are good opportunities to realize your dreams of a home in the islands. Whether youre looking for a full time home or a vacation home with rental potential, theres a good chance Water Island has what youre looking for.
Virgin Islands Real Estate Facts
Populations By City
Disclaimer: School attendance zone boundaries are supplied by Pitney Bowes and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.
About the ratings: GreatSchools ratings are based on a comparison of test results for all schools in the state. It is designed to be a starting point to help parents make baseline comparisons, not the only factor in selecting the right school for your family. Learn more
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Residential Sales St Thomas
Most residents finance their homes through conventional mortgages with local banks. Interest rates are slightly higher in the Virgin Islands than in the US mainland. A typical down payment is 20 to 30 percent. Banks require earthquake and windstorm insurance with mortgages the cost is around 2-3% of replacement value.
In general land is available in quarter, half, three quarters and one acre lots. The price for a quarter acre to half acre lot is often less than $70,000. Half acre to one acre lots range from $50,000 to $200,000. Larger lots are also available. Factors to consider when looking for land include location, view, access to the property and any site preparations that might be necessary in order to build.
There are presently 84 undeveloped lots on the market. Prices start at $38,000 for .2 acres in Agnes Fancy, to 10.9 million for 96.6 acres in Hull Bay. Looking for your own island?
Top Neighborhoods With Single
Here are some of the neighborhoods in Saint Thomas where youll find excellent options for single-family homes:
- Peterborg A peninsula that separates Magens Bay and the Atlantic Ocean, Peterborg features gorgeous luxury properties with panoramic views and great access to the world-famous Magens Bay Beach
- Mahogany Run Originally designed as an exclusive golf community, Mahogany Run boasts spectacular mansions and estates with breathtaking views. Its one of the few communities in Saint Thomas with 24/7 staff-guarded gates and roving security
- Water Point With limited home sites and a somewhat secluded location at Saint Thomass East End peninsula, Water Point offers utmost privacy and exclusivity
- Cabrita Point This waterfront community features older homes that also make great investment properties or second homes
- Frenchmans Bay This neighborhood is your best bet for more affordable housing, while having its fair share of upscale permanent and vacation properties. Its ideal location close to Charlotte Amalie and several idyllic beaches make Frenchmans Bay a highly popular residential choice.
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Bmr Energy Rebuilds Hurricane Damaged St Thomas Solar Farm
ST. THOMAS, U.S. Virgin Islands—-Apr 8, 2021–
BMR Energy, a Virgin Group company and developer, owner, and operator of clean energy projects in the Caribbean and Latin America, announced today that it is starting construction of the 6.4-megawatt Donoe Solar farm in St. Thomas. The facility is expected to be completed and enter service in the fourth quarter of this year and will sell the power it generates to the Virgin Island Power and Water Authority under a newly negotiated 25-year Power Purchase Agreement.
This press release features multimedia. View the full release here:
St. Thomas Solar Farm
The facility will be constructed on the site of a former solar facility that experienced significant damage during the devastating 2017 hurricane season. BMR agreed to acquire the site of the original solar farm in 2019 and closed on that purchase in the summer of 2020. The new facility incorporates several design and construction features to increase the strength and resilience of the equipment to withstand future windstorms.
The Solar farm will include more than 14,000 photovoltaic modules and has been designed with strengthened racking, foundations and module connection systems to withstand wind speeds up to 180 mph.
This will be the second project BMR Energy will operate to provide electricity for the utility.
View source version on businesswire.com:
The Best Hurricane Damaged Home Deals In St Croix
Years after Hurricane Maria pummeled St Croix, there are still good deals to be found on homes that sustained damage from the storm. Weve compiled a list of properties that offer a great opportunity for those who are willing to do some repair work to get a spectacular island home or investment property.
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About St Thomas Real Estate
Boasting turquoise harbors and welcoming weather year-round, St Thomas is a coveted vacation destination and wonderful location for a second home. Only a few flight hours off the US Coast, St. Thomas is conveniently located for U.S. homeowners seeking a second home or an investment property with opportunity for rental income.
Popular areas in St Thomas, USVI include Botany Bay, Water Point, Peterborg, Magens Bay, Red Hook and more. Single family homes with private beach access are the most highly sought-after properties for potential buyers in St Thomas. Condos are another popular option for those looking for low-maintenance property with community access. For those pursuing a luxury lifestyle in St Thomas, the Ritz Carlton Residence Club is a must-see destination. Explore St Thomas Homes for Sale from our partner brokerage, Sea Glass Properties.
Water sport activities attract many visitors to the island of St Thomas, with stunning beaches for swimming and snorkeling. Magens bay is known as one of the worlds most beautiful beaches, and it certainly lives up to its reputation with bright blue waters on the calm north shore. Other fantastic beaches include Sapphire Beach and Lindquist Beach for peace and privacy or Coki Beach and Secret Harbor for fantastic snorkeling.
When Is The Best Time To Stay In A Vacation Rental In St Thomas
A key appeal of a Caribbean vacation is that youre likely to encounter balmy weather all year long. Most days in St. Thomas are favored with sun and warmth, although its worth keeping an eye on the weather forecast between June and November, which is hurricane season. St. Thomas celebrates Carnival in April with street parties, dancing, parades, and music.
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Real Estate On St Thomas Virgin Islands
St. Thomas offers both bustling shopping areas and quiet neighborhoods. The island is mountainous and many hillside homes are graced will incredible views of the ocean. The real estate market on St. Thomas includes houses, land, condos, timeshare and commercial properties.
Presently, February 2021, there are 59 houses listed. Prices range from 9.5 million for a 7 bedroom and 7.5 bathrooms home on 4.98 acres in Frenchmans Bay to, $125,000 for a 3 bedroom and 1 bathroom fixer upper in Crown Prince St. Thomas. Houses are generally situated on a half-acre lot. In densely developed areas a quarter of an acre or less is typical.
Properties Subject To Tax Auction Include Dhs Offices Which Are Delinquent In Rent
One of the owners facing auction for non-payment of property taxes to the Virgin Islands Government said the delinquency has been caused by a government agency that is behind in its rent payment, but the agency maintains its rent was current when the property taxes fell behind. It admits not making a payment yet this year.
Fast Foto, Inc. is one of more than 60 landowners that owe the V.I. Tax Office back taxes and its obligation is one of the largest, at $168,988. The property at 10 and 11 Estate Golden Rock is about three acres and holds 60,000 square feet of office space including the Department of Human Service the commissioners office, business, personnel and other departmental offices.
Roger Kainth said DHS owes $265,000 for rent for the first six months of this year. As soon as it is disbursed, he said, he will be able to pay off the delinquent taxes. DHS has been in arrears before but has usually paid promptly for the buildings it has rented since the 1990s, he said.
Kainth said he is working out a payment plan with the government for the three or four years he said he is behind but believes the taxes will be paid in full before the June 29 auction date.
Its not going to be a problem to get the payments in. Well work it out, Kainth told the Source.
Carol Burke, DHS public information officer, said the department paid more than $4.8 million in rent over the years while Fast Foto was falling behind in its tax obligations.
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St Thomas Us Virgin Islands Real Estate Residential For Sale Under $500k
Search all homes and houses for sale on St. Thomas, USVI, priced under $500K. If you would like to search a different price range, you may search homes and houses for sale in the $500K-$1M range, the $1M-$2.5M range, or the over $2.5M range. You may also view properties from our Special Searches or do a Custom Search.