Investment-Current Active Vacation rentals. Location Advantage: Prime coastal placement in Zip Code 32250, offering high walkable desirability, proximity to local dining/nightlife, and immediate beach access. Luxury Multi-Family or Multi-Unit Townhomes The combined 0.193-acre footprint is uniquely suited for a high-end multi-unit residential project. The Concept: Build a collection of modern, multi-story luxury townhomes or a premium duplex/triplex. The Appeal: Capitalize on the exploding demand for luxury beach rentals or high-end coastal walk-ups. Each unit can feature private garages, rooftop decks with ocean breezes, and high-end finishes.