DEVELOPMENT OPPORTUNITY!! Islamorada's 'SHAKTEAU' situated on a deep-water canal with VILLAGE APPROVAL for a RESIDENTIAL DWELLING UNIT in hand allowing you to leave what is already there and build an additional structure. Live onsite while you build the home of your dreams!This 2-bedroom, 2-bathroom home offers vaulted ceilings and the ultimate Florida Keys design. This home has been nicely renovated and meticulously maintained. Sitting on an oversized lot with a huge tiki hut, exterior shed, and boat ramp! There is plenty of room for entertaining, parking cars, trailers, boats, RVs and More! Park your boat at your 70 feet of dockage and cook your catch at your outdoor grilling station or inside your kitchen overlooking the canal. Open the blinds and enjoy canal views with NO neighbors across from you! The interior features bamboo wood flooring, central AC, impact windows and doors, natural stone bathrooms and spacious bedrooms! Do not miss your opportunity at this FIRST time offering of this paradise. Cash and/or seller financing offers only! Contact me today for additional information.