This spectacular waterfront development site off of Conch Point Road measures 4.62 acres with 400 feet of ocean frontage. Its size and location are truly unbeatable. Zoned Beach Resort/Residential, the build opportunities are endless. The property is comprised of four parcels with six self contained buildings/bungalows. All dwellings have been recently renovated and vary in square footage and layout, for a grand total of eight bedrooms on site. Five of the bungalows enjoy gorgeous ocean views. Three of the bungalows front directly onto an immaculately paved stone deck with a spectacular infinity pool overlooking panoramic views of the sea. Bungalow layouts are as follows: #1: two 1 bedroom, 1 bathroom units with living area, fully equipped kitchen and laundry closet. #2: 1 bedroom, 1 bathroom unit with large living and dining area, chef’s kitchen and laundry closet. #3: 1 bedroom, 1 bathroom unit with living area, fully equipped kitchen walk in closet, and laundry. #4: 1 bedroom, 1 bathroom unit with living area, fully equipped kitchen and laundry closet. #5: 3 bedroom, 2 bathroom unit with large living and dining area, fully equipped kitchen and laundry closet. #6: 1 bedroom, 1 bathroom unit with living area and fully equipped kitchen. The property is currently on Airbnb. Rental income can be provided upon request.