Location, Location, Location! Great opportunity for a potential development in one of the most desirable neighborhoods of Miami Beach/South Beach. Multifamily Zoning allows for a new development, to build up to 55 ft height and 3 stories. 1.25 FAR. Currently, this well maintained home sits on tucked away street, a quiet block west of West Avenue and a block away from the bay. Walker's Paradise! Walk to Trader Joes, Whole Foods, Sunset Harbor, The world famous Lincoln Rd. Mall with movie theaters and the absolute best shopping and dining. Please look at nearby new multifamily developments; units are selling in the millions.