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RedSunSetRealty

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

$970,000
Property Type: Condominiums Bedrooms: 2 Baths: 2 Square Footage: 1,300 Status: Closed
Current Price: $970,000 List Date: 11/21/2025 Last Modified: 5/20/2026

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
Concessions
No
Under Contract Date
2026-02-09
Sold Date
2026-05-11
Intended Use
Other

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

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.