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Real Estate at Public Auction

St. Thomas USVI 3 Unit Home

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Virgin Island Caribbean Views, Views, and more Views!!!

The starting bid is $700,000. The "Buy it Now" price is $1,100,000. 

3 unit St. Thomas property with amazing Caribbean views. Built in 2007. Floor 1 has 2,272 SF with 3 bed, 2.5 bath, Inground pool, Floor 2 is the same. 3rd is 672 SF.  Porch and Terrace areas = 3,439 SF for those amazing outdoor views of the Caribbean.

The third level is an efficiency apartment with commanding views of St. John and the British Virgin Islands. The suite has access down to the second level through a double locked door. The ceiling is vaulted with tongue and groove pine. There are seven windows for lots of natural light. The kitchenette has a arched pass-through . The full bath has a great walk-in shower with lots of natural stone and tile. There’s a large storage closet along with a nook for an office. The outdoor space wraps around with approximately 200 ft.² of patio space with a true million dollar view of all the Islands. 

The main level is amazing and has double entry doors as you enter from a courtyard with covered front porch. The entryway is stunning as you walk in and see the views of the Virgin Islands through the living room windows. There is a stairway that leads to the efficiency apartment upstairs. There’s a nice storage area underneath of the stairs. The flooring is a ceramic wood-look tile. The full kitchen has custom cabinetry and stainless steel appliances with granite countertops, flanked by a nice dining area. The open living room steps down and enjoys a full wall of windows, and sliding glass doors that take in the immense view, and also has a walk out to the main covered front patio.

There is a half bath off of the living room, which leads to the master suite. The master suite is huge and has its own air conditioning unit. There is an en suite bathroom with glass, tiled, walk-in shower, beautiful natural tile work, and double vanity with tongue and groove ceiling. There is a walk-in closet that is approximately 4 x 12. The master suite has its own balcony which again faces east, and overlooks Saint John and all of the British Virgin Islands. It is a covered patio for inclement weather, and always maintains a beautiful Caribbean breeze. The estimated square is 300 ft.² and is an amazing place to have morning coffee or evening cocktails.  

The laundry room is approximately 8 x 8 and has ample storage space and also houses the electric water heater for this unit and has two large windows for great natural light.

The northern part of the main floor has two bedrooms and one full bath. Bedroom one is approximately 12 x 13 with vaulted ceilings and direct access to the large covered veranda, and also faces east taking in the amazing views.

The third bedroom on this level has a double closet. It is approximately 13 x 16 with six windows for amazing natural light and cross breezes.

The full bath that services these two bedrooms has a 3 x 6 walk-in shower with a nice window for ventilation and natural light and is accompanied by natural colored stonework and tile.

The lower level is similar to the main level and is occupied by a current tenant who pays $2,100 per month and is on a month-to-month basis. The bank has given the tenant a 30 day notice to move. There is a chance that this unit will be vacant at closing but that is not guaranteed.

Parking is spacious. There is a sliding metal gate for privacy that houses space for two vehicles next to the main entry door. There is also a driveway on the north end of the property that leads to a lower level covered carport for at least two cars and there is also room at the top for an additional one or two cars.

The lower level has direct access to the inground pool which is approximately 10 x 25. There is a covered patio area great for poolside dining that is approximately 11 x 12. There is a closet for all of your pool amenities. The pool has walk-in steps with a 3 foot area, and also a deeper end that is approximately 5 foot deep. On the east end of the pool there is a covered patio that is approximately 13 x 16 that wraps around to the master bedroom on the lower level.

From the lower level pool area, there are steps that lead to the ground level, which houses the pool pump and has access to the crawlspace and unfinished area under the house.

The property has a boundary fence that is approximately 4 foot high.

There is some deferred maintenance and clean up to be done however this will be a great Island property for years to come. Could be used as a 3 unit rental or an owners suite plus one or two rentals. Don't let this chance to own paradise pass you bye!!

Lot Size: .37 Acres

Annual Taxes: $ 2,928


Property Map


LEAD AUCTIONEER

Barry Baker
Email Barry

W: 937-581-3037
F: 614-635-3474


DIRECTIONS: In the East End from Red Hook Rd. (Hwy 32), Turn North on Benner's Hill Rd (at the stoplight at the crest of the hill). At the top of the hill will be a black iron gate to a private residence, turn right then immediately turn left up a very steep hill. Turn right into Pillsbury Heights (there will be a subdivion sign for Pillsbury Hts). Take your second left. The house will be the second on the right.


Basic Terms:

Sells with a reserve bid of $700,000. The BUY IT NOW price is $1,100,000.  Bidders must deposit $100,000 into our trust account prior to being approved to bid. All non auction winners will receive their full deposit back by wire within 48 hours after the auction. 10% deposit by wire will become your non refundable deposit. The full 10% is due by 5pm the day of Auction. The real estate is sold As Is with no contingencies. All inspections must be done prior to Auction. Close by June 16, 2023. A 10% buyer's premium will be added to the high bid to obtain the final contract selling price. Taxes will be prorated to the day of closing. Buyer pays all closing costs. Average cost for the attorney to close the transaction is $4,000. The buyer will be responsible for a 3% transfer tax to St. Thomas based on the sale price. Title insurance should be around $4,000. Recording fee is approx. $1,210. There may be other small closing costs and these figures are only given as an example and not a guarantee. Special warranty deed or similar given at closing with no liens or back taxes.

Deposit and Closing:

Closing will occur with Attorney Leigh Goldman. Average cost for the attorney to close the transaction is $4,000. The buyer will be responsible for a 3% transfer tax to St. Thomas based on the sale price. Title insurance should be around $4,000. Recording fee is approx. $1,210. There may be other small closing costs and these figures are only given as an example and not a guarantee. There are back taxes due but the seller will pay those at closing. The buyer is responsible for all closing costs.

Realtor Participation:

No Realtor co op.

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