This combined property offers a rare opportunity to develop your vision and luxury home on Belle Isle's exclusiveFarrey Lane. Over 7,300 SF of land with open views to Biscayne Bay and city with 50 FT of waterfront and a large private dock. As per owner, approved plans to build a 9,125 SF luxury 3-story single-family home with a rooftop terrace & bay view. The property is in an amazing central location next door to The Standard Hotel, and just a short distance to Sunset Harbour, Lincoln Road, fine dining, shops, South Beach, downtown Miami, cultural & sport venues, and MIA airport. Exceptional opportunity to develop a luxury waterfront home in a highly sought-after location! Owners will not sell the Properties separately.