This one-of-a-kind waterfront property is located in the heart of Normandy Isle. Centrally located and steps from Normandy Shores Golf Course, bayfront tennis, the Normandy Pool & Park & the Normandy Fountain. Located in one of the few neighborhoods in Miami Beach that allows for redevelopment. Surrounded by single-family neighborhoods in high demand, with waterfront homes at an avg $ of $2M for sale or $7200 for rent, this property is perfectly positioned for redevelopment. With few neighborhoods offering the low key, amenity-rich lifestyle provided with this location, the redevelopment of this property will prove to be a smart endeavor. The current unit mix provides for a total of 10 units – 4 2BD’s, 4 1BD’s 1 3BD, & 1 studio with 143 linear feet of waterfront. Listed below appraised value!