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Located in a prime Edgewater neighborhood with stunning waterfront views to the Bay, offers a unique opportunity to redevelop or maintaining these rental apartments. Total lot of 15,230 SF with a five-story apartment building that comprise 21 residential units of 1 bedroom and 1 bathroom. Convenient zoned T6-36a-L, by right, it can be built up to 52 units and 180,760 SF, plus an additional 40% more with Public Benefit. Property is surrounded by several luxury buildings, totaling over 6,000 units. Adjacent to the bay and Biscayne Boulevard, and just few minutes from Midtown, Wynwood, Design District, A&E District, Downtown and Brickell. Income & Expenses and Rent Roll can be provided by inquiry or during the Due Diligence period.