*Multi-Family Development Opportunity to build condos or townhouses in Amazing Location.* Zoned RM-1 with F.A.R of 1.25. Lot area is 11,250 SF allowing 14,062 SF of buildable floor area. Existing structure is a beautifully updated 3 bed/3 bath residence with pool that can be rented or lived in while developer moves through planning and permitting stage. Opportunity to purchase adjacent property for a combined lot area of 18,750 SF.This perfect location is Centrally located just steps away from everything South Beach has to offer— Lincoln Road, Shopping, Movie theater, Restaurants, Sunset Harbour, Jackie Gleason Theater, Convention Center, Weekend farmer’s market, and the beach. May apply for additional conditional uses.