420 N 5th Street Redevelopment potential with 2 separate adjacent lots, combined 220 x 150, currently zoned R15 for up to 12 doors. Less than 1/2 mile from the beach, boat ramp, and true Florida coastal living. RARE LAND HOLDING IN A RAPIDLY CHANGING CORRIDOR. The Arthur Rutenberg CBS home is a bonus. Existing residence provides immediate utility and holding value. Whether your goal is redevelopment, mixed-use potential, long-term appreciation, income generation while planning future use, or creating a one-of-a-kind coastal compound, opportunities of this size and location are becoming increasingly difficult to find.