Large 7,000SF South of Fifth Lot for Luxury Residential Development. Unique Land available for Immediate New Construction. Free & Clear for New Design, not hampered by historic design constraints. Earn $120,000/yr guaranteed guest house income while permitting 10,500SF of Luxury Residential. Large Pool & 2 Covered Privately Gated parking spaces. Sunny Side of the widest street South of Fifth (Washington Ave), insulated by a beautifully landscaped park. One of the most Exclusive & Desirable neighborhoods in the world! Surrounded by high-end Condominiums $2-$5MM, $1200-$1500/SF. Most popular stretch of Sandy Beach, Boating Lifestyle w/ Miami Beach Marina a short stroll away. Walk to Miami Beach's best restaurants incl Joeâ€™s Stone Crab, Milos, Prime Italian & Fish, Il Mulino, & so many more.