St. John News in August 2019

St. John Summer Vacations

Summer is a wonderful time to visit St. John: the beaches and restaurants are less crowded and it’s a perfect time for fishing and snorkeling in the crystal clear waters. There are plenty of places to cool off, since nearly every villa on the island has a refreshing pool, and it’s easy to take a dip in the Caribbean Sea. The tradewinds provide refreshing breezes and air conditioning is plentiful. Take advantage of the off-season discounts being offered by our villas and escape to St. John for an unforgettable summer vacation. Our Tropical Properties team can help you find the best villa to suit your needs at a great price.

New Listings on St. John: Listed between June 15-July 15, 2019

  • $2,750,000 Land, Cruz Bay
  • $2,300,000 Land, Cruz Bay
  • $1,180,000 Villa, Cruz Bay
  • $840,000 Land, Cruz Bay
  • $269,000 Land, East End
  • $239,000 Land, Cruz Bay
  • $195,000 Land, Fish Bay
  • $160,000 Land, Fish Bay
  • $150,000 Land, Coral Bay
  • $109,000 Land, Coral Bay
  • $75,000 Land, Coral Bay

St. John News

Here in St. John, we are proud to support our local sports organizations. This summer, these organizations are giving us plenty to celebrate! The Virgin Island Tennis Association team was chosen to compete in the Davis Cup for the first time in years. Thomas Del Olmo, an Olympic hopeful and member of the team, is from St. John and his sister Malena is also a rising star in the tennis world. We love watching our local kids sail optis and sunfish boats with KATS St. John. They train local kids in rowing and seamanship and are holding several St. John “meetups” this summer. We’re all looking forward to the annual Robert Gallagher Memorial Chaotic Kayak Race on August 11. This annual event raises funds to bring wounded veterans and their families for a week of healing in the waters of St. John.

Properties Sold Last Month: Closed between June 15-July 15, 2019

• 3B-12 Quaco & Zimmerman (Land)$100,000
• 1-46 Carolina (Land)$37,000
• 9-9-6 Carolina (Land)$44,000

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Tropical Properties Customer Review

“I met Dan and his team 5 years ago. During the process of exploring St. John and understanding what my vision was, Dan was there to assist me with making the best decision. Over the last few years, Dan has become a friend of mine. He is highly respected for his integrity, honesty, and professionalism on the island. I recommend Dan for commercial and residential inquiries, as he is the best agent with a very strong team behind him! His network of professionals on the island make him the “Google” of knowledge. Dan assists with anything from buying land and building, to servicing a pool, even connecting with property management for renting out my home as an investment opportunity. Dan has many years of great success ahead of him!” -Kenny DePaola

Luxury Office Space in Cruz Bay

Dreaming of an office with a view of the Caribbean Sea? A total of 6,616 square feet of office space is available in this Class A space at #1 Bay Street in Cruz Bay. The spaces are located directly above the sands of Cruz Bay harbor on the west end of St. John. This property is walking distance to the St. Thomas ferry and is immediately next door to the Grand Bay Resort private condominium complex. From hedge funds/private equity, technology start-ups, and light industry to creative artists, restaurant-bars and other professionals, the opportunities are endless!

Villa Spotlight

Caribbean Palm Villa is a brand new Pool Villa with spectacular 270-degree views in a Mediterranean setting, conveniently located just five minutes from downtown Cruz Bay. The Villa features 3 master suites all with ocean views and private balconies. Each master suite is equipped with an en-suite bath and private outdoor shower which also have ocean views.
The gourmet kitchen also features ocean views, granite, stainless steel appliances and is fully stocked with cooking utensils to ensure you will have everything you need to cook your favorite meal. Lounge in the vaulted great room and enjoy the view over Fish Bay and Rendezvous Bay. The covered veranda with tradewind breezes and a three-bay view leads to the pool and patio for sunning and relaxing. There is a built-in grill, set in the native island stonework, located on the veranda close to the kitchen and the pool. Caribbean Palm Villa is professionally landscaped with multiple natural stone outcroppings and native cactus. You’ll enjoy endless views of beautiful Fish Bay and the Caribbean Sea beyond.

Make More for Your Rental Property

Looking for help managing your St. John rental property? We would be honored to be of service. In addition to offering real estate, we also manage luxury villas. Contact us at 340-776-6862 for a FREE assessment of your property – we can help you to make more money!

Featured Listings

Enighed $1,180,000

Hamilton House is nestled in a quiet neighborhood close to town with incredible sunset views. This two-unit home has a lovely veranda and a separate garden apartment with its own private entrance. This home offers air conditioning throughout, two reverse osmosis systems, city sewage hook-up and two 20,000 gallon cisterns.

78 Fish Bay $98,000

Great opportunity to own in Quiet Fish Bay. This lot offers a water view, expired building plans, and a topographical survey. This 0.69 acre lot would make the perfect fit for someone looking to build a dream home on their very own piece of St. John.

Buy Property Using your IRA

Did you know that you can purchase investment property in St. John using your Self-Directed Individual Retirement Account (IRA)? The stock market is climbing these days, and many of our clients have experienced significant growth in stocks, but it’s always wise to diversify. Real estate is a good option for long-term asset growth, and many of our clients have chosen to purchase investment property here on St. John using Self-Directed IRAs. It’s a great way to get a foothold in the St. John real estate market, even if you’re years away from the dream of retiring and living in paradise.
By transferring assets from a 401(k) or traditional IRA into a Self-Directed IRA, you can access the money for real estate purchases without taking a tax hit for early withdrawal. We work with some reputable companies that can help you with the paperwork to make the process smooth and easy. Our Tropical Properties real estate team can help you find the best investment properties in your price range. You may be able to get into your St. John dream home sooner than you realized!

Need a Mortgage? Call Michelle Cellura Nose of Leeward Island Mortgage.
Free Pre-Approvals
Purchase
Refinance
Second Home Investments
340.715.2530 o

340.643.1420 c
michelle@leewardis landmortgage.com
www.leewardislandmortgage.com