Lets get this out of the way, this is not a 5 star resort. Its a very well kept boutique hotel that is more like a B&B. The rooms are well kept, the A/C blows cold (although the bathrooms in the multi-space rooms are not air conditioned), and the wi-fi is marginal.
The location of the hotel is within 2 blocks of everything you want to be close to, including the harbor, super market, and all of the restaurants you can shake a stick at. The on-site breakfast is hand made and rivals any other breakfast on the island.
Where the true value is, however, is the staff. Its a small locally owned and run hotel by people who care about this place. They can get almost anything done for you with a simple phone call, are friendly, and have great tips and tricks to get around.
The grounds, pool, hot tubs, etc are amazing, and its well worth the visit AND the price.