Highly desirable Flamingo Drive neighborhood. Opportunity to create your dream waterfront home with panoramic Miami Beach skyline views. Renovate/expand existing home or build new. 5000 sq. ft. home, 100 linear feet of waterfront on almost half acre lot. Colonial style residence features 5BD/4BA/1HBA including guest cottage. Original details include crown molding, hardwood floors in immaculate condition, original terrazzo terrace floors, high ceilings. Spacious front patio, formal dining for entertaining, large living area opens to Florida room with French doors leading to the pool & backyard. Four spacious bedrooms on 2nd floor offer plenty of light, with oversized Master bedroom with terrace. Pedestrian bridges over the scenic Indian Creek Channel for easy access to the beach.