Exceptional development opportunity in the heart of Flagler Village, one of the most sought-after neighborhoods in the United States. This rare gem presents a vacant lot spanning 100′ x 127.5′, boasting convenient alley access for versatile development possibilities. Zoned RAC-CC (Residential Activity Center – Central City), this prime parcel offers immense potential for lofts or condos. Either 24 units can be developed with ground level parking only (8 levels), or up to 53 units by adding an above and below ground parking system (30 plus levels). Flagler Village is renowned for its vibrant community, bustling with art, culture, and a thriving urban atmosphere. Situated in a top-rated neighborhood, this property is primed to capitalize on the burgeoning demand for urban living spaces.