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Purchase as an income producing property or develop luxury townhomes. This 11,000 + sq ft lot sits right on the Coral Gables Waterway just down the street from the newly expanded Riviera Country Club, Doctor's Hopital and the University of Miami. Plans have been approved for two stunning + modern townhomes each with their own private dock. 5 bridges to Bay. Rare waterfront opportunity!! Note there are two folios for this property. Call now for more details.