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    -24 Fortuna We St Thomas, VI

    For Sale
    $450,000

    Almost 4 beachfront acres ready for development in St. Thomas.

    Property size:
    3 SF
    Lot size:
    3.95 Acres

    Property Features for -24 Fortuna We

    General Information

    Size
    3 SF
    Lot size
    3.95 Acres

    Source: Karen Korsgren Agent Karen Korsgren

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Beachfront Acres Ready for Development

    Almost 4 acres of beachfront land are available for development. The property features a moderate slope and views over Backefall Bay. The land can be subdivided for individual sale, or further developed for residential construction. A new grocery store is opening nearby. An additional 12 acres are available for purchase.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    St Thomas
    County
    St. Thomas
    State
    Virgin Islands
    Longitude
    -64.8466575
    Latitude
    18.3314531

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    FAQs

    What type of property is this?
    Land - Almost 4 beachfront acres ready for development in St. Thomas.
    Where is this land located?
    The property is located at -24 Fortuna We St Thomas, VI.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Almost 4 beachfront acres.; - Development potential: subdivide and sell or build homes.; - Beautiful views over Backefall Bay.
    (340) 514-4730
    Request Owner's contact information
    -24 Fortuna We St Thomas, VI
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    -24 Fortuna We St Thomas, VI
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