This 7.19 acre parcel is zoned CT which allows residential multi-family uses up to 15 units per acre maximum density or 107 units. The potential for lower density development such as single family is available with 496 feet of paved road frontage and 868 fee of water frontage. Development with 8 to 10 single family estate home sites is a viable option. It is difficult to describe how spectacular the view of the water and surrounding state owned preserve is from this site! The site is located less than two miles from the Boca Grande Causeway and nearby gulf beaches. The site sits on a non-navigable potion of Coral Creek that is an unbelievable wildlife preserve with incredible opportunities for kayaking, fishing and birding. The peacefulness of this location cannot be overstated.