Description

What an amazing opportunity to own 3 side by side lots with 166 feet of frontage and 130 feet depth with unobstructed lake views only 1/2 a block to the lake! There are four plans for a 4-6story commercial/multifamily building with underground parking for you to consider, or you can build a row of 7 townhomes with detached garages and roof top patios to enjoy that view, or design your own dream property with your vision in mind. The property is in the best location in town for a new multifamily residential project. The location is phenomenal as you are steps to tons of restaurants, shopping, the main beach, water park, golfing, schools, and so much more! Tenants are currently renting out 5111 & 5107 50B Ave until you are ready to build. The investment potential is extraordinary in this year round lake community. Build and sell, keep in your portfolio with monthly renters, or provide short term rentals...there are so many choices!

Listing Provided By

RE/MAX Real Estate

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