$1,495,000

ESTATE OPPORTUNITY, BEACH COMPOUND OR TOWNHOME REDEVELOPMENT | ZONED RM-20. Rare 10,437 SF lot on prestigious S Riverside Drive, directly across from the Intracoastal Waterway and just minutes from the beach. The property features a main residence plus a detached garage/accessory structure, offering exceptional potential to create a private coastal estate, multi-generational compound, income-producing property, or vacation rental retreat. Multiple strategies to unlock the property's value: renovate and reimagine the existing improvements into a luxury coastal residence or estate compound; utilize the layout for potential dual-income annual or short-term rental use, subject to applicable regulations; or explore redevelopment opportunities for approximately 3-4 boutique townhomes under desi