This property presents a rare opportunity to own a sought after high rise multi family lot with the opportunity to purchase additional acreage at a great value! Located in the Grand Lucayan Waterway Cannon Bay waterfront properties feature over sized lots, perfect for development of cottages and condominiums, yet they are also ideal for larger estates. Wide canals and location on the east side of Casuarina bridge ensures easy access by boat, even by a sailing vessel with no height restrictions. Recent years have shown extraordinary development growth in the Waterway area. Downtown, shopping, restaurants and airport are mere 20 minutes away.