Overseas Highway Over Hwy Attention Developer/Investors. PRICE INCREASES as permitting progresses. Rare Opportunity to buy early as Permitting design process for this OCEANFRONT LOT is in progress which requires a rip rap wall at the water and approximately 1277 cubic yards of fill. See photos. An Application to be submitted to the DEP/ACOE for retaining walls and fill is in progress for a 10, 000 sq. ft. lot. Best plan for development could be the use of a TBR from a comparable sender site. Flexible MU Zoning allows for a variety of uses including multi tenant development and transient lodging and other uses. Neighboring properties are expensive with a beautiful home on one side, Hotel on the other. Registered Survey, KEYWEP, plans in hand. Buyer confirm all information with government agencies. Owner/Agent.