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. 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!