13-F&13-G Carolina, St John, VI 00830
New Listing
Description
Supplements: Some real estate opportunities are compelling because of what exists today. Others are compelling because of what they can become. This offering presents both. Set in the heart of Coral Bay, these two adjacent properties combine an established short-term rental business with the flexibility and potential to evolve into something considerably more. Together, 13F and 13G Carolina encompass approximately 0.54 acres and offer a combined 10 bedrooms and 10 bathrooms, all within the relaxed, walkable setting that makes Coral Bay so distinctive. The bay is close at hand, while restaurants, yoga and pottery studios, grocery stores, and public transportation are all within walking distance. Guests can experience St. John without feeling removed from the community that gives this side of the island its character. 13F Carolina -- The Residence Currently operated as a successful short-term vacation rental, 13F is a four-bedroom, four-bath single-family residence with an impressive rental history. The property includes ample parking, expansive storage areas, a swimming pool, a standalone office or workspace, and a recently remodeled gym. Its layout and amenities allow it to work equally well as a private residence, an income-producing vacation rental, or a central component of the larger hospitality operation. 13G Carolina -- The Guest House Adjacent to the residence, 13G adds six bedrooms and six bathrooms arranged across multiple short-term rental accommodations. Its mix of studio, one-bedroom, and two-bedroom units allows the property to serve guests with varying accommodation needs and budgets while providing an owner with a diversified rental structure. This flexibility, supported by a strong rental history, makes 13G a significant part of the property's established income-producing foundation. Two Properties. Multiple Paths Forward. What makes this offering particularly compelling is not simply the performance of the two properties independently, but the flexibility created by owning them together. A new owner could live in one portion of the property while allowing the remaining accommodations to generate income. An investor could continue operating the properties substantially as they are today. Alternatively, a new owner could build upon the sellers' planned improvements and reconfiguration, including plans to transition the single-family residence into four individually rentable bedroom accommodations sharing common amenities with the other rental units. For a buyer with a longer-term vision, there is also the potential to explore rezoning and additional expansion, subject to the required review and approval process. The Next Chapter The sellers have invested considerable thought into the future of these properties and welcome the opportunity to share historical financial information, plans for proposed improvements and reconfiguration, and related design concepts with qualified prospective purchasers. Together, these materials illustrate the established performance of the business and how the proposed improvements and reconfiguration could influence future rental performance and revenue potential. The opportunity, therefore, is not simply to acquire ten bedrooms in Coral Bay. It is to acquire an established hospitality business with an established track record, planned improvements, and multiple avenues for its next owner to build upon what has been created. For well-qualified purchasers, the sellers are also open to exploring flexible deal structures that align with the objectives of both parties, including seller financing, lease-purchase arrangements, contracts for deed, or other mutually agreeable terms. Combined with the property's established income, planned improvements, and longer-term potential, this flexibility gives a new owner the ability to shape both the investment strategy and the property's next chapter.