The property sits at the entrance of Key Allegro, the nicest, most affluent waterfront community in Texas with over 800 luxury homes. Key Allegro only has one bridge onto the island and the property is the last thing you pass before driving onto the island. Rockport was recently ranked the No. 2 Best Coastal Small Town in the nation by USA Today. Rare commercially zoned. Truly an irreplaceable trophy property. Available to the public for the first time in almost 50 years. Developer may build up to a 45 foot height according to owner.