Highlights of 2 Et Al Southgate Farm Ea
- Approx Int Sqft
- 24,500
- MLS #
- 24-517
- Status
- Active
- Total Bedrooms
- 40
- Lot Acres
- 48.21
- Quarter
- East End 'A'
- Total Bathrooms
- 40
- Year Built
- 1980
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Property Description
The Tamarind Reef Resort and Marina is a unique investment opportunity for a developer with the luxury of an existing operational infrastructure to generate revenue during expansion. This 48 acres property is set on two spectacular beaches with fantastic snorkeling - a short swim from Green Cay, nestled in the architecturally stunning Southgate community and bounded to the east by a 100 acre Southgate coastal reserve just 10 minutes to historic Christiansted town. The property currently features a 161-slip full-service marina with dry dock storage in a sheltered lagoon that is one of the premier Hurricane Holes in the Caribbean. Seller is licensed Real Estate Agent in the VI. The resort enjoys USVI EDC Benefits. The sale is structured as a stock sale for maximum tax incentive. ContinuedThe Tamarind Reef Resort and Marina is a unique investment opportunity for a developer with the luxury of an existing operational infrastructure to generate revenue during expansion. This 48+ acre property is set on two spectacular beaches with fantastic snorkeling - a short swim from Green Cay, nestled in the architecturally stunning Southgate community and bounded to the east by a 100 acre Southgate coastal reserve just 10 minutes to historic Christiansted town. The property currently features a 154-slip full-service marina with dry dock storage in a sheltered lagoon that is one of the premier Hurricane Holes in the Caribbean. The marina enjoys the prestigious Blue Flag eco-distinction - the only location with this distinction in the USVI!
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Additional Info
- Restrictions: Yes
- Zoning: W-1
- Waterfront: Yes
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Amenities
- Furnished: Yes
- Pool: Yes
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Fees and Taxes
- Tax Year: 2024
- Taxes: 0.00
Listing courtesy of Calabash Real Estate, (340) 718-5285.
Map
2 Et Al Southgate Farm Ea, East End 'a' St. Croix, 00820
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