Rare opportunity to own a piece of paradise! This prime first-line waterfront lot offers unobstructed, breathtaking ocean views and unparalleled investment potential. All the heavy lifting has been done for you: Geotechnical survey completed, Building Permit (BP) approved, and a full set of architectural drawings are ready to go. The existing residence features a beautifully renovated interior, making it perfectly move-in ready for personal use or a high-yield rental while you finalize your plans. Whether you choose to enjoy the charming updated home now or break ground tomorrow on a brand-new luxury oceanfront estate, this property is a "turn-key" development opportunity. Don't miss out on this rare combination of immediate utility and massive future upside.