DEVELOPMENT OPPORTUNITY, BUY THIS LOT AND THE ADJACENT ONE NEXT TO IT AND YOU ARE ALLOWED BY THE CITY OF MIAMI BEACH TO BUILD 1-LUXURY BUILDING WITH 10 UNITS AND PARKING UNDERNEATH IT. RIGHT NOW THE PROPERTY IS INCOME PRODUCING. ALTHOUGH HIGHEST BEST USE IS TO DEVELOPMENT THIS WATERFRONT PROPERTY. LOCATED NEAR THE ENTRANCE TO EXCLUSIVE BISCAYNE POINT, SHORT WALK TO THE BEACH MINUTES FROM BAL HARBOUR MALL, THE FOUNTAINBLEAU HILTON, AND SOUTH BEACH. BOAT ACCESS TO THE OPEN BAY AND ATLANTIC OCEAN! Buyer needs to Sign a Confidentiality and Non-Disclosure Agreement to receive information available. PROOF OF FUNDS REQUIRED! ACCEPTING OFFERS NOW!