Villa Olga Careening Hole KI, St. Thomas, 00802 (MLS# 25-1414)

Villa Olga Careening Hole KI, St. Thomas, 00802

$6,490,000

Property Type: Commercial Bedrooms: 17 Baths: 17 Lot Size (sq. ft.): 353,272 Status: Pending

Current Price: $6,490,000 List Date: 3/03/2026 Last Modified: 3/17/2026

Overview

Description

Exceptional opportunity to acquire a leasehold interest on 8.1+ acres of R-3 zoned waterfront land in St. Thomas. This income-producing property includes a 17-key boutique hotel along with passive income from a long-term restaurant lease, dock, and other rental units. Located in a highly desirable harborfront are a with sweeping Caribbean views, it offers strong occupancy and rising ADR. Ideal for investors seeking redevelopment, expansion, or repositioning. Flexible zoning allows for multi-family, condo, or marina development. A rare blend of steady cash flow, development upside, and location in one of the most vibrant areas of the island.

Listing Details MLS# 25-1414

LocationArea

Estate: Careening Hole KI
Postal Code: 00802
Directions: Frenchtown to Olga's Fancy / Oceana

General Property Description

Realtor.COM Type: Commercial
Lot Acres: 8.11
Total Bedrooms: 17
Total Bathrooms: 17
Taxes: Yes
Tax Year: 2025
Furnished: Partial
Water Front: Yes
Pool: Yes
Zoning: R-3
Stamp Tax: Negotiable

Contract Information

Under Contract Date: 2026-03-17
Begin Date: 2025-07-21

Miscellaneous

PWD#: D9-8291-T009

Location/Area

Plot/Unit Number: Villa Olga
Island: St. Thomas
Quarter: South Side

Listing/Selling Member Info

Approx Int Sqft: 0

More Information

View

Ocean: Yes

Sale Includes

Leasehold: Yes

Property Features

Sale Includes: Leasehold View: Ocean

Listing Office: Stryker Real Estate, PC

Information deemed reliable but not guaranteed.