Presenting a rare chance to acquire a wide bay single-family home with breathtaking wide bay views. 8,850 SQ FT ft lot featuring 52 feet of water frontage on the wide bay, with downtown views. There are no fixed bridges to the ocean. ** Grandfathered Boat Dock Pilings** significantly enhance the value of this already attractive property. Offering RM-1 Zoning, perfect for a new condominium development project. The FAR of 1.25 permits up to 11,000+/- sq feet of living space, with a maximum height of 55 feet. The property is not historic, paving a path to creating something extraordinary. This is a prime residential development opportunity not to be missed.

This listing is courtesy of Douglas Elliman.