4.6 Acres of Prime R-3 Land overlooking St. Thomas Harbour and Yacht Haven Grande Marina. As seen in the photos, the land is located two hundred to four hundred feet above sea level. The property overlooks Charlotte Amalie Harbor and the Yacht Haven Grande, a 48-slip mega-yacht marina. This land is 4.6 acres and can be easily accessed via private road. It has R-3 zoning which allows for a hotel, multi-family dwellings, and other similar structures to be built. Easily accessed via private road and zoned for a multitude of uses including hotel or multi-family dwellings. A rare opportunity with numerous options for development. This area of St. Thomas has the largest amount of tourism traffic on the island, including thousands to the cruise ship docks directly across the street. This property is available for the first time in over 25 years! The Property is the center of growth on St. Thomas. The entrance road to the property is walking distance from most of the following St. Thomas attractions: • New Havensight - Duty-free shopping district. • Largest cruise ship port of call in the world with thousands of passengers daily. • Yacht Haven Grand - Mega yacht marina for yachts up to 450 feet in length. • Paradise Point - Gondola lift runs along the edge of the property. The gondola takes visitors up an almost 700 foot peak over Charlotte Amalie, offering a stunning view of the town, island and the Caribbean • Walking distance to historic Charlotte Amalie shopping district. • Walking distance to seaplane and harbor airport. The property is located on the hillside overlooking Charlotte Amalie. The referenced property consists of 4.64 acres presently zoned as R-3. The allowable footprint of structures i sup to 1.87 acres (77,232 sq. ft.) and up to six stories, excluding parking. The height is only restricted as not to block views of the adjacent upland. Total buildable square footage up to 463,392 square feet. With this current zoning and location the property is ideal for Boutique Hotel, restaurant and spa, fractional ownership, condo units, or single family residence. Investing in the U.S. Virgin Islands means enjoying the protection of the U.S. flag and courts and the convenience of U.S. currency, while living in one of the most beautiful seaside locations in the world. Qualified business investors in the U.S. Virgin Islands can benefit enormously from the territory’s Economic Development Commission.