Real Estate
Jeffrey Epstein’s Islands Stir Doubts Over $125 Million Price
Even without the specter of their late owner’s background, the numbers for the two U.S. Virgin Islands may not add up.
Little St. James, the Caribbean island owned by Jeffrey Epstein.
Source: Modlin Group
Two Caribbean islands that belonged to financier Jeffrey Epstein hit the market for $125 million last week, raising eyebrows in the small community of private island real estate brokers.
“My opinion is that this is overpriced, by far,” says Farhad Vladi, owner of the broker Vladi Private Islands. “You have to do comparable sales data, and if you look at other islands which have sold, there’s no data that justifies $125 million.”