Margaritaville Vacation Club

St. Thomas, US Virgin Islands

6080 Estate Smith, Bay St., St. Thomas, VI 00802

Acquisition Date: 2015

Development of vacation ownership resort

Project description:

• Located on expansive 25 acre oceanfront site containing 13 buildings and multiple amenities and support buildings including a spa, pool, restaurant, lounge, and clubhouse
• Project consists of six buildings that include 194 units encompassing over 115k square feet
• Built in 1984, the property was formerly the Grand Beach Palace Resort and prior to that, the Renaissance Grand Hotel

Status: Completed in 2016; sold 2017/2018
In operation