This 200' gulf front property was the site for the Cape Villas development and is FEMA eligible! Rare opportunity with grandfathered density for 12 units that will include 12 water taps as well. Sewer is adjacent to the property also. This is one of the last large parcels available in the Cape San Blas to Indian Pass area. Could be an estate parcel or divided into 2,3, or 4 lots for standard homes or a clustered development for condos or town homes. This will not last long!!