RedSunSetRealty

C 302 Smith Bay RH, Sapphire Beach Resort & Marina, St. Thomas, 00802

$995,000
Property Type: Condominiums Bedrooms: 2 Baths: 2 Square Footage: 1,300 Status: Pending
Current Price: $995,000 List Date: 11/21/2025 Last Modified: 2/10/2026

Overview

Description

This top floor unit has been renovated to a 2 bedroom, recently refreshed, and has an excellent (Air BnB) rental book of business. Proven rental income, gross near $100 k with annual net income before mortgage and interest of approximately 45k. Still room to grow! Building C is in the perfect location for views, shade, close to the beach but in the quiet area of the beach. Generator coming early 2026. This is already paid for. Attic (see photos) is amazing. Seller will leave the tools and equipment for the new owner.

Listing Details MLS# 25-2186

LocationArea

Estate
Smith Bay RH
Postal Code
00802
Directions
Go to Sapphire Beach...past security gate , building C is the 3rd red roof building once you turn right into parking lot ...3rd floor

General Property Description

Realtor.COM Type
Residential - Condo/Townhouse/Coop
Sub Type
Condominium
Total Bedrooms
2
Number of Bedrooms - Main House
2
Total Bathrooms
2
Taxes
841.09
Tax Year
2024
Furnished
Yes
Water Front
Yes
Waterfront Type
Sandy Beach
Pool
Yes
Stamp Tax
50-50 Split

Property Information

Approx Int Sqft
1035
Approx Total Property SqFt
1300

Contract Information

Begin Date
2025-11-20
Under Contract Date
2026-02-09

Condo Fees

Condo Fee Frequency
Monthly
Condo Fee Total
2035
Utilities Included in COA Fee Y/N
No

More Information

Pets Allowed

Pets Considered
No

Location/Area

Plot/Unit Number
C 302
Island
St. Thomas
Quarter
Red Hook
Condo Name
Sapphire Beach Resort & Marina
Building
C

Amenities

Boutique/Store
Yes
Dock
Yes
Restaurant
Yes

View

BVI
Yes
Down Island
Yes
East
Yes
North
Yes
Ocean
Yes
Panoramic
Yes
Water
Yes

Construction

Masonry
Yes

Flooring

Ceramic
Yes

Roof

Galvanized
Yes

Water

Cistern
Yes
Reverse Osmosis
Yes

Terrain

Beach Front
Yes

Property Features

View: BVI; Down Island; East; North; Ocean; Panoramic; Water Amenities: Boutique/Store; Dock; Restaurant Flooring: Ceramic Construction: Masonry Roof: Galvanized Water: Cistern; Reverse Osmosis Terrain: Beach Front
Listing Office: Christie's International Real Estate USVI
Information deemed reliable but not guaranteed.