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REM 28 Green Cay EA, REM 28, St. Croix, (MLS# 24-392)

$12,400,000
REM 28 Green Cay EA, REM 28
St. Croix,
MLS# 24-392
50 beds  |  52 baths  |  42830 sqft
REM 28 Green Cay EA, REM 28, St. Croix,
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Property Description
Bungalows on the Bay! Hoteliers, Investors, Developers and other Opportunity Seekers! Beachfront Bar & Restaurant with onsite timeshare and vacation rentals, plus additional acreage for more cottages, hotel rooms, condominium development or single family homes. Presently existing are 50 island-style cottages sprinkled on a gentle hillside, white sandy beach dotted with lounge chairs & umbrellas, ''Caribbean Casual'' beachside bar and restaurant complete with Gazebo seating, plus a seaside freshwater pool; all ingredients for a perfect guest experience. After a glorious sunset, the stage of the courtyard may be set by a performing local or ''imported'' band... let the dancing begin! Add to the cottages & ''Beach Scene'' 28 building plots with R-3 zoning and WOW! Lots of Options!

Details
Documents
Location/Area
Plot/Unit Number: REM 28
Island: St. Croix
Estate: Green Cay EA
Postal Code: 00820
Quarter: East End 'B'
Geo Lat: 17.759584
Geo Lon: -64.657849
Directions: Traveling East on Route 82/ East End Road from Christiansted Town, pass the entrance to The Buccaneer Hotel. Continue past the entrance to Green Cay Marina and Tamarind Reef Hotel. After rounding the bend at Cheeseburger in America's Paradise, pass the entrance to the Southgate Coastal Reserve then turn in at the next left... welcome to Bungalows on the Bay!
General Property Description
List Price: $12,400,000
Realtor.COM Type: Commercial
Lot Acres: 28.75
Total Bedrooms: 50
Total Bathrooms: 52
Baths - Half: 2
Taxes: 21989.09
Tax Year: 2024
Year Built: 1987
Furnished: Yes
Water Front: Yes
Pool: Yes
Zoning: R-3
Stamp Tax: Negotiable
Contract Information
Status: Active
Current Price: $12,400,000
Begin Date: 2024-02-27
Listing/Selling Member Info
Approx Total Property SqFt: 42830
Approx Ext Sqft: 11930
Approx Int Sqft: 30900
Miscellaneous
Air Conditioning: Yes
Map Date: 2019-03-03
PWD Dt: 3/3/2019 Rem Plot 28
PWD#: D9-6611-C019
Separate Meters: Yes
Street Front: Yes
View
Waterfront: Sandy Beach
Other: Goat Island
Business Opportunity
Business Name: Bungalows on the Bay
RE Available: yes
RE Included: yes
Parking
Parking: Yes
Parking Remarks: room for expansion
Listing Info
Sign: No
Property Features
Sale Includes: Land/Bldg & Bus
View: North Shore; Sea
Amenities: High Traffic; Pool; Restaurant; Ruins; Storage; Tennis Court
Security: Gate
Construction: Masonry; Mixed; Stucco; Wood Frame
Roof: Fluid Applied
Water: Cistern; Well
Sewer: Septic
Parking: Off Street
Supplements
an excitingly interesting, versatile package on a total of 28 acres running from a glorious stretch of 1500+ feet of frontage on high visibility East End Road (Route 82) to 410 feet of white sandy beach on the colorful, calm, cooling Caribbean water of Chenay Bay. Situated on St Croix's Beloved East End, this appealing Value-Add offering is now available! **** KINDLY SEE SUPPLEMENT IN DOCUMENTS FOR MORE IMPORTANT INFO****

Listing Office: Christie's International Real Estate St Croix

Office Phone: 340-715-7749

Information deemed reliable but not guaranteed.

Saturday 27th of April 2024 06:14 AM