Prime Central Beach Investment Redevelopment Opportunity! Rarely available 5 income-producing apartments, located two blocks from the ocean, East of A1A at the corner of Bougainvillea Lane and Eagle Drive, with on-site laundry. Walk to Ocean Drive’s shops and dining, including the Ocean Grill, Driftwood Inn, and Riverside Park. Pricing is based on the land value rather than on income-based cap rate. While the existing units generate stable interim cash flow, the true value lies in the redevelopment potential of this prime site.