This lot is a perfect blank slate for a developer looking for prime beachfront land in an area that is highly sought after. The terrain is compact and slightly elevated which is perfect for condominiums, a boutique hotel or estate home. The developer next door has already added the needed infrastructure of paving the road and bringing power in close proximity. They've established a high value as some of their condo units have sold for over 1 million USD. That being said other similar projects are selling out rapidly without even completing their construction. The area is booming so please act quickly!