Commercial Sale · Multi Family
74 Et Al Lane, VI 00840, VI, 00840
Active1370 days on marketListed Nov 9, 2022MLS #F10355928
About this property
The property at a glance
Create a lifestyle on tropical oasis Fleming Circle is a 19+ acre West End estate w/a Great House built in 1870 of local cut coral,10 duplex & single unit buildings (20units total) each on subdivided half-acre plots with individual WAPA meters. Fully functioning well & above-ground tank supply water to units & keeps the majestic mahogany trees & grounds lush & green. A sublime estate dotted w/peacocks is a short distance to Frederiksted's sandy white beaches, restaurants & the Frederiksted pier renowned as a SCUBA destination. Units generate income w/room to grow. Fabulous opportunity for a bed & breakfast or investment generating excellent cash flow. Keep the property intact or sell individual plots. The Great House is a example of 19th century architecture w/many original details intact
0
Lot acres
1870
Year built
20
Units
11
Buildings
Multi Family
Property type
The numbers
Investment snapshot
$82,500
Price / unit
20
Units
Estimated payment (illustrative)
Estimated payment
$7,927/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Darrick to connect you with a commercial lender for real numbers.
Your team
The pros in your corner
Your agent
Darrick Cook
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 74 Et Al Lane — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 74 Et Al Lane.
See it in person
Schedule a tour
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IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.