Rare investment opportunity in the heart of Coral Bay. Two adjacent properties, 13-F and 13-G Carolina, span approx. 0.54 acres and offer a combined 10BR/10BA with an established short-term rental history. Walk to the bay, restaurants, shops, studios, groceries and public transportation. The offering includes a 4BR/4BA residence with pool, office, gym, storage and ample parking, plus six additional bedrooms across a flexible mix of studio, 1BR and 2BR rental accommodations. Continue the existing hospitality operation, live on-site while generating income, or build upon planned improvements and reconfiguration. Longer-term potential includes exploring rezoning and expansion, subject to review and approval. Seller may consider flexible deal structures for qualified buyers.Some real estate opportunities are compelling because of what exists today. Others are compelling because of what they can become. This offering presents both.