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108+ La Grande Princesse Co

Queen, St. Croix, 00820
$7,000,000
42 Beds
46 Baths
30,000 Sqft

Highlights of 108+ La Grande Princesse Co

Approx Int Sqft
30,000
MLS #
24-1852
Status
Active
Subdivision
The Palms at Pelican Cove
Total Bedrooms
42
Lot Acres
7.63
Quarter
Queen
Sub Type
2-4 Multi Units
Total Bathrooms
46
Year Built
1966
  • Property Description
    THE PALMS HOTEL: Unique turn-key opportunity to acquire growing Caribbean Beach Front Resort with significant value-add development potential. Property comprises four contiguous parcels totaling 7.635AC and over 900 linear feet of sandy beachfront with gorgeous coral reef. Improved with approx 30,000 SF over six buildings. Resort currently has 42 guest rooms and suites.Prior owner had received (now expired) CZM approval to expand to 104 rooms. Buyer can investigate renewal possibilities for substantial upside. Large beach-side pool with adjacent restaurant and bar. Tennis court. Located in Opportunity Zone! Past owner had EDC benefits. Financials available to screened and qualified buyers only. See 'Documents' for more info and inventory of personal property included in offering.
  • Additional Info
    • Restrictions: Unknown
    • Zoning: R-3
    • Waterfront: Yes
  • Amenities
    • Furnished: Yes
    • Pool: Yes
  • Fees and Taxes
    • Tax Year: 2024
    • Taxes: 28743.28

Listing courtesy of Calabash Real Estate, (340) 718-5285.

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About this area
Queen Quarter St. Croix Real Estate Guide

Queen Quarter (QU) is the island’s center, and it is the gateway to both sides of St. Croix. There are many properties for sale and rent within Queen’s Quarter, with older and newer homes, a wide price range, and great places to explore. During your search for St. Croix real estate, don't miss Judith’s Fancy -- one of Queen Quarter's most coveted...

Price Range: $99,000 - $2,400,000

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108+ La Grande Princesse Co, Queen St. Croix, 00820

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