19 Water Island Ss, Water Island, 00802, MLS# 26-687

1 of 61 Photos Map

$2,900,000

3.26 Acre Lot

                Highlights of 19 Water Island Ss
            
                                                Lot Acres
                            3.26
                                                    Quarter
                            South Side
                                                    Sub Type
                            Improved Land
                                        
                                                MLS #
                            26-687
                                                    Status
                            Active

Property Description
Water Island is just 1/2 mile off the southside of St. Thomas but feels lightyears away conveying a feeling of how a Caribbean Island is meant to be. Quiet and serene where everyone truly functions as a community. Your mode of transportation around Water Island typically is a golf cart. This incredible 3.26 acres site zoned W-1 above Flamingo Point has remnants of a former hotel. The plans and permits reimagine it as a boutique hotel with a bar and restaurant.Water Island is the smallest of the four main U.S. Virgin Islands, measuring approximately 491.5 acres (roughly 0.77 square miles. It is about 2.5 miles long and varies from 0.5 to 1 mile in width, located in the Charlotte Amalie harbor just south of St. Thomas. There are less than 300 people who live full time on Water Island and the typical mode of transportation is a golf cart. The Department of Interior owned and managed Water Island from 1950 until it was transferred to the Government of the US Virgin Islands in December 1996. People who lived there and had built homes did not own their land until 1996, rather they leased land from the Department of Interior. Now land is owned in fee simple as in the other 3 US Virgin Islands.
Additional Info
- Restrictions: Of Record
- Zoning: W-1
Fees and Taxes
- Assessed Valuation: 301200.00
- Taxes: 1135.52
- Tax Year: 2025

Water Island is just 1/2 mile off the southside of St. Thomas but feels lightyears away conveying a feeling of how a Caribbean Island is meant to be. Quiet and serene where everyone truly functions as a community. Your mode of transportation around Water Island typically is a golf cart. This incredible 3.26 acres site zoned W-1 above Flamingo Point has remnants of a former hotel. The plans and permits reimagine it as a boutique hotel with a bar and restaurant.Water Island is the smallest of the four main U.S. Virgin Islands, measuring approximately 491.5 acres (roughly 0.77 square miles. It is about 2.5 miles long and varies from 0.5 to 1 mile in width, located in the Charlotte Amalie harbor just south of St. Thomas. There are less than 300 people who live full time on Water Island and the typical mode of transportation is a golf cart. The Department of Interior owned and managed Water Island from 1950 until it was transferred to the Government of the US Virgin Islands in December 1996. People who lived there and had built homes did not own their land until 1996, rather they leased land from the Department of Interior. Now land is owned in fee simple as in the other 3 US Virgin Islands.

Additional Info

Restrictions: Of Record

Zoning: W-1

Fees and Taxes

Assessed Valuation: 301200.00
Taxes: 1135.52

Tax Year: 2025

Listing courtesy of Calypso Realty PC, (340) 774-1620.

John Attias Broker Associate

340.201.8740
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