Rem 28 Green Cay Ea

1 of 67 Photos Map

• Property Description
  Presenting a remarkable value-add opportunity in the hospitality market! Welcome to Bungalows on the Bay, a stunning Real Estate opportunity in the heart of St. Croix's East End. Investors and developers do not want to miss this offering! Unbeatable location with easy access to the soft sandy beaches of Chenay Bay. Situated on over 400 feet of beautiful beachfront with 50 bungalows, bar and restaurant, 85 KW generator, 2 wells, 3 cisterns.. Loads of opportunity to keep the current business model, or get creative. Picture farm to table Bali, surrounded by lush gardens and Instagram-worthy beach and dining areas. Perfect location between Green Cay Neighborhood and the Southgate Coastal Reserve.Bungalows guests enjoy taking long walks on the white sandy beach, kayaking or paddle boarding and snorkeling around the Green Cay National Wildlife Refuge, floating in the crystal blue waters and bouncing on the water trampoline located just off of the beach. Loads of activities are available should guests not want to leave the property. The bar and restaurant host live music, karaoke and many other fun events every week creating a good time to be had by guests and islanders alike. Immense potential is waiting to be unlocked through some strategic upgrades and personal touches. Imagine the possibilities as you shape this already fantastic property into a true Caribbean seaside gem. With a little vision and creativity, you can elevate the guest experience to new heights and make your mark in the hospitality world. Don't miss out on this lucrative opportunity!!!
• Additional Info
  • Restrictions: Unknown
  • Zoning: R-3

  • Waterfront: Yes
• Amenities
  • Furnished: Yes

  • Pool: Yes
• Fees and Taxes
  • Tax Year: 2024

  • Taxes: 19805.60

Listing courtesy of Christie's International Real Estate St Croix, (340) 715-7749.