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Rare Development Opportunity — Newly Reduced Price! Oversized 0.8-acre property with exceptional development potential in a prime location. Build a luxury estate with guest house or ADU, create a private multi-generational compound, or explore the possibility of splitting into 2 parcels (buyer to verify with city). Private entrance off Seacrest with mature landscaping offering outstanding privacy. Existing home on site can provide rental income or housing while securing plans and permits. Located just 1 mile north of Atlantic Ave, near Gulf Stream Country Club, and minutes to the beach. Nearby Pineapple properties reportedly closed near $960/SF on much smaller lots, highlighting significant upside potential. See attachments. -Existing home on property may provide interim rental income or housing during planning/permitting process -Potential for guest house/ADU and/or multi-generational compound -Possible lot split opportunity — buyer to verify with city/zoning -Private Seacrest entrance with mature landscaping and exceptional privacy -Conveniently located near Atlantic Ave, Gulf Stream Country Club, and the beach -Nearby luxury new construction sales support strong future value potential -Buyer responsible for verifying zoning, density, subdivision, FAR, and development possibilities
Listing Updated: 2026-05-29 21:55:36
