An incredible opportunity to purchase an existing 6 unit apartment building ready for new development! All SDGE utilities have been disconnected and demolition can commence at your convenience. Building permits will be available from the City of Coronado prior to the close of escrow to begin construction on 4 beautiful cloud condos. A unique design of 4 homes with a center walkway creating a community feel while still enjoying the privacy of 4 freestanding homes. Distinctive combination of Farmhouse and Coastal Cottage designs in this central village location just 3 blocks from the beach. Front homes feature a custom 4 bedroom / 4.5 bathroom plan, over 2,200 sq-ft with roof decks and large private front yards. Rear units feature a custom reverse floor plan with 4 bedrooms / 4 bathrooms, over 1,800 sqft with roof decks and private courtyard yards. Each home includes 1 car garage and 1 carport in tandem configuration allowing off street parking and tons of storage for car, golf car, or your bikes and beach toys. During a time of all time low inventories this opportunity allows any developer the rare ability to start construction immediately upon close of escrow limiting carry cost or a group of end users to build a community of unique custom beach homes picking your neighbors. Call today for more information on permits and plans.