Great opportunity to build your waterfront dream home in one of the only 2 residential peninsulas in Miami Beach. The 7,500 SF lot offers wide open bay views with 50 feet of water frontage, overlooking the exclusive island of Indian Creek. New Private dock. This is the ideal manned-gated community for boaters within walking distance of beaches, dog park, and children playground. Close to Bal Harbor shops, Surfside, South Beach, and houses of worship. The home on the property is original from 1951.