Leaving St Thomas and Selling a Completed Apartment with a 3/4 Completed House in West Caret Bay St Thomas

A beautiful spot in Caret Bay Estates on St Thomas in the US Virgin Islands with an Apartment ready to live in. PRICE for $289,000 with no real estate agent and no negotiation.

This house is 13/16 Completed and the hard part is done it is being worked currently so you can continue construction and finish the inside the way you want. The roof is formed and the rebar will be in on Thursday. That is why the price has gone up again It is is being worked on daily. The plans are in the images below. The Septic System, An Apartment and 10000 gallon cistern are completed and a guest cottage are completed and you can live here.
The first floor is poured. The fully grouted block and poured concrete posts for the first floor walls and bond beam are done and half are plastered.
The next step is the roof(floor of second story) needs to be poured. I am currently forming this as time allows and it is almost done and will be by Christmas 2018. After that the price goes up again. It will take 2 bundles of #4 rebar and 1 of #5 and 24yrds of concrete and the shell will be completed. When the 2nd floor/roof is poured the price will be $350,000. Contractors are available who will finish the 2nd/floor roof another $10K or so.

I was building the 2 bedroom 2 bath house for myself and made sure everything was done Right. From the foundation up, everything is steel reinforced concrete and grouted block with oversized foundation and beams holding up the first floor. I planned to never insure this house as there is no way a hurricane could damage it. The floor walls, windows and interior and waiting for a new owner.. note the plans have smaller windows but YOU can pick any doors and windows you like!
The plumbing and electrical was put in to allow a second story as well although the plans and current building permit which come with the house only have one floor. There is a very nice finished studio apartment with main room of 16x9,a 5x4 closet and 9x4 bath a on the bottom level. There is a Washer and Dryer and a 3000 Watt Solar electrical system. The .23 acer lot is planted with bannana, papaya, coconut and mango trees with a long vegetable garden strip on one side down the hill.

Complete set of DesignCAD/AUTOCAD plans as well as complete approved set of building plans await new owners input. Current owner will work with new to complete house. All tools and A LOT of materials, fixtures etc needed are on site and will convey with the house.

The background of this page is the VIEW!! The view out over the Atlantic, Inner and Outer Brass Island and a 6 minute trip to downtown Charlotte Amalie or the University of the Virgin Islands make this quiet out of the way lush north side location the place to live.
It is 5 minutes from Hull Bay Beach and Caret Bay beach which are the two main Surf spots...
It already can produce income from Rentals..when the whole thins is done it will bring in about $2000 a month in rentals easy. It is also ideal for college students or professors..and 8 minutes to Brewers Beach and UVI

There is also 8'X16' wood cottage with electricity, double bed, AC, small kitchenette, sink, toilet and outdoor shower stall.

ASKING PRICE: $230K with a realtor or if you walk in no realtor or real estate agent $299K. Nearby LOTS are advertised for $250K and a nearby 2 bedroom house in East Caret Bay sold for $600K. I will sign a single buyer listings at 2% Commission if you have a buyer that wants to view the house.

Contact Robert Dinion 340-344-0552 or email Contact SailingAllOver

Apartment Pictures