Supplements: There are large lounging areas around the 25 x 15 foot pool, and an almost 800 square foot gallery facing the Caribbean Sea, there's room for everyone to relax and enjoy the cooling sea breezes! The spacious great room has seven sets of beautiful mahogany French doors, which open to welcome the outdoors inside. Private intimate patios are just outside most of the bedrooms. One bedroom ensuite is a separate cabana off of the pool area. There is also a 700 square foot two car garage. Beach Walk also has great rental income and future rental potential. It is currently leased for six months to corporate clients at $16,500 a month, and until this past year has been a vacation rental going for $5,250 to $7,266 per week in the high season and $4,250 to $6,266 in the low season. The owners have made the decision to deduct the cost of certain renovations to arrive at the listing price, given the majestic views and layout of the villa. A new roof should be added ($150-200k), and the kitchen and baths updated according to a buyer's tastes ($100-125K). With $300k of upgrades, this $2 million purchase could have a market value of $2.5-$3.0 million. Beach walk is one of the finest villas in St Croix's premier beachfront neighborhood and should go quickly at this price.
Close up aerial view of property ›