Unique opportunity to acquire a 120' waterfront multifamily income property &/or land to develop a 7-home boutique luxury condominium in the heart of trending Ft. Lauderdale, Florida. A short walk to Ft. Lauderdale Beach & to Las Olas Boulevard. Existing building is a great rental income-producing property w/ 13 condos and 8-boat slips w/ great views & community pool. Amazing location! Investor! DRC & P&Z have already been approved by the City of Ft. Lauderdale to build a 7-waterfront condo project designed by famous GarciaStromberg Architects. For detailed information about the rental property or DD for new development please connect with Listing agent. Photos shown in the listing are for the current building and renderings of the approved building. Boat slips are not currently rented.