Buildable multi-family property with 8 townhomes proposed. The 8 townhomes are designed to be 3 Bedroom / 4 bathroom units on the bay. Currently there are two structures on property which have hotel rights.The large 1.4 acre property, stretching from US1 to the bay, features a protected cove and there are plans to include a long finger dock. Plans and building rights convey with a sale. Buyer to verify.Blueprints are available for viewing and download in the document tab in this listing. This is a great opportunity for a builder/developer. Opportunity exists to purchase the corporation shares which may convey advantageous rental rights for this property. Buyer to verify.