This property offers an exceptional opportunity for a high-density ocean-view townhouse development, complete with permits and plans in place for 12 units. Covering 0.77 acres and zoned RM-3, it is perfect for home buyers seeking modern, scenic living spaces. The home on the property is currently generating $2,000 per month in rental income, it is also conveniently located just a stone's throw away from the river mouth. This is indeed a rare find in today's market. Contact your agent now to schedule a showing.