*Multi-Family Development Opportunity 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. Opportunity to purchase adjacent property for a combined lot area of 18,750 SF. Perfect location to build condos or townhouses. Existing structure is a beautifully updated 3 bed/3 bath residence with pool that can be rented while developer moves through planning and permitting stage. This 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.