Lucrative Bayfront Development Opportunity with seawall protected 17 Slip Boat Basin. 2.24 Acre residential parcel with 175’ Bay Frontage on Blackburn Bay. Parcel zoned RMF2 (9 units / acre) so 20 units possible with approximately 90% of parcel FEMA X Flood zone so build Bayfront directly on Grade - Townhomes, Stacked Townhomes, Multifamily or Single family homes or even a Single Family Estate like adjacent parcel to North. RMF2 Zoning allows one garage floor under living space with 35’ maximum building height above FEMA so 2 levels above garage. Electric connected and Water and Sewer on Street. The adjacent parcel to South sold for $4.2M in 2006 and parcel to North with a single family home sold for $4.35M in 2017 and both were significantly smaller and had no Boat Basin.
