$525,000

Discover the unlimited development potential of this prime property located in the heart of Gold Beach. With its recent zoning revision to R, this flat land offers endless possibilities for a developer to build cluster cottages, multi-family units, or apartments. Imagine creating a profitable investment opportunity in this highly desirable location, just a short walk to the beach and most amenities.This is the perfect opportunity to unleash the full potential of the property and transform it into a highly profitable venture. The current home on the property is already rented to a long-term tenant, providing a stable rental income, and making this property an excellent investment opportunity. Imagine creating a unique cluster cottage development on this property that perfectly captures the beauty of the surrounding area. With the recent zoning change, this property offers endless possibilities for a developer to build a high-density development that is both beautiful and practical. Cluster cottages are a popular development option that offers residents a sense of community while still providing the privacy of an individual home. These types of developments are perfect for families, retirees, or anyone looking for a sense of community. This property's desirable location puts the beach and most amenities within walking distance. Imagine your future tenants walking to the beach, enjoying the local shops and restaurants, and experiencing all that this beautiful area has to offer. Don't miss out on this chance to invest in a property with tremendous building potential and a solid long-term rental income. With the ability to create a unique development, this property is a dream come true for investors and developers alike. Whether you're looking to build a cluster cottage development, multi-family units, or apartments, this property is the perfect opportunity to create a profitable investment that will provide long-term rental income and appreciate over time.