13DGallows Cruz Bay Town, St John, VI 00830 (MLS# 09-366)

$50,000 price reduction on this top floor income producing waterfront condo at Gallows Point. This is the least expensive loft unit on the market today. Don’t miss the opportunity to purchase a completely renovated & refurbished premier upper floor unit located a short stroll from Cruz Bay & the ferry dock. Absolutely everything has been upgraded to the highest standard with no detail missed. The Gallows Point complex occupies a superb beachfront location w/swim platform, excellent snorkeling, & immaculate grounds. Numerous amenities include pool, spa, Zozo’s Restaurant, convenience store, concierge services, complimentary shuttle bus, grilling area, generator, 24 hr. security. Owner's share of property mgt & rental company conveys with unit. See Supplement for more details.

Supplements: Gallows Point 13D-Top income producer just reduced to $675k! From the minute you enter this beautifully appointed residence you are treated to an airy, tropical ambience and lovely unobstructed water views. Improvements in the kitchen include new mahogany cabinets, granite countertops and stove. Both bathrooms have been completely redone. The full bath on the lower level has a new glass block shower. Both baths have new granite countertops, vanities, sinks, toilets, hardware, light fixtures and tile flooring. Electrical switches throughout have been upgraded. The interior mahogany staircase and banister have been re-varnished, new living room furniture was recently added and the entire unit has been freshly painted. Absolutely everything has been done so that the new owner will not have to deal with the headaches and frustrations often associated with a renovation. Seller may finance with 50% down. Buyer shall honor all reservations confirmed at time of Closing, equally share in the cost to affix the Tax Stamps and cooperate with documentation should Seller elect to do a 1031 Exchange. Additional services included in the monthly Condo and Hotel Service (Management) Fees: Management Advertising Marketing Maintenance Landscaping Front desk staffed 24/7 Concierge service Telephone Internet Housekeeping Laundry Kitchen, bed and bath linens Kitchen and bath supplies Replacement of broken dishes, glassware, flatware, pots, and pans Cleaning supplies Pest control in units 24/7 security Gallows shuttle to town and ferry Backup generator Power, water (from Gallows's RO plant ), Dish Network and Wi-Fi are pooled and billed separately. Monthly Fees: Condo Fee: $691.58 Management Fee: $2,198.42