39-42 Frederiksted FR, St. Croix, 00840 (MLS# 20-1232)

39-42 Frederiksted FR, St. Croix, 00840

$6,200,000

Totten House Arlington private deck over

Mooring Ball in place for boat access, and CZM permit in place for dock.

Property Type: Commercial Bedrooms: 23 Baths: 28 Square Footage: 26,800 Lot Size (sq. ft.): 40,946 Status: Closed

Current Price: $6,200,000 List Date: 7/15/2020 Last Modified: 5/25/2023

Overview

Description

THE FRED Boutique Eco-Friendly Beachfront Caribbean Resort-The first new hotel in the USVI in over 30 years. Turnkey operation with restaurant, bars & spa including 11 newly constructed rooms complimenting the historic renovation–22 guest rooms total. This luxury property combines West Indian charm with progressive state-of-the-art infrastructure. Microturbine generators, mosquito misting system, automated pool & water quality control, integrated sound system, professionally landscaped with built in irrigation. This award winning resort features open, west facing lounge, spa, restaurant, bar, infinity pool, hot tub, spectacular sky deck with 2nd bar and lounge pool, gift shop, all fully furnished, 140 ft beachfront boardwalk & 230 ft beach including EDC tax benefits, CZM 80' dock permit.

Supplements: Awards: "Best New Boutique Resort" by Caribbean Journal "Best New Business/Spa" by the readers of the VI Daily News What distinguishes The Fred from other hotels? - 6 beautifully renovated and preserved historic structures - only beach front resort that's also located in town - first new hotel to open on St. Croix since 1986 - market ... (Read more)

Listing Details MLS# 20-1232

LocationArea

Estate: Frederiksted FR
Postal Code: 00840
Directions: Entering Frederiksted from Fisher Street, turn right onto Strand Street. The Fred is in the first block on the left side of the street.

General Property Description

Realtor.COM Type: Commercial
Lot Acres: 0.94
Total Bedrooms: 23
Total Bathrooms: 28
Taxes: 1772.32
Tax Year: 2020
Furnished: Yes
Water Front: Yes
Pool: Yes
Zoning: R-3
Stamp Tax: 50-50 Split

Contract Information

Under Contract Date: 2021-06-11
Begin Date: 2020-07-09
Sold Date: 2021-08-31
Intended Use: Other

ListingSelling Member Info

Approx Total Property SqFt: 26800

Miscellaneous

Air Conditioning: Split
Map Date: 2004-01-15
PWD Dt: 1/15/04
PWD#: 5519
Street Front: Yes

View

Waterfront: Sandy Beach

More Information

Business Opportunity

Business Name: The Fred
Business Type: Hotel & Restaurant

Cistern

Cistern-Gal: 13000

Listing Info

Sign: No

Property Features

Sale Includes: Land/Bldg & Bus View: Sea; Town; West Amenities: Alternative Energy; Fence; Health Spa; Historic Bldg; Pool; Restaurant Security: Gate; Other Construction: Mixed Roof: Galvanized Water: Cistern; Well Parking: Off Street