GOLDEN BEACH — ON THE INTRACOASTAL WATERWAY
6 BEDS | 5.5 BATHS | 5,012 SQ FT | 0.28 ACRE LOT | BUILT 1982
Offered at $12M, this is the first time this property has been available in over 25 years. A rare opportunity on one of Center Island’s most desirable waterfront lots — with location, scale, and strategic potential all aligned in one place.
ABOUT GOLDEN BEACH
A private, ultra-exclusive oceanfront town of ~370 homes, Golden Beach offers resort-style living with its own administration and private police force. Residents enjoy:
• Over a mile of private beach with full-time attendants
• Gym, tennis, pickleball, basketball, playground, and 9 landscaped parks
• No high-rises or commercial buildings — just pure, single-family luxury
Golden Beach is in high demand and extremely low supply:
• Median listing price: ~$13.9M (up ~16% YoY)
• Older waterfronts: $7M–$10M
• New builds are asking up to $44.99M
• Only ~32 homes currently listed — very few with this lot quality
THREE STRATEGIC PATHS FOR THE NEXT OWNER
Option 1: Move In and Hold
Enjoy 5,000+ sq ft of space, mature landscaping, and a quiet cul-de-sac location with expansive water views. With Golden Beach's historical appreciation and limited turnover, simply holding this land could offer strong upside over time.
Option 2: Renovate for Value
A smart renovation may unlock considerable appeal and resale potential without the cost or timeline of new construction. Rework layouts, update interiors, or expand outdoor amenities while staying well below luxury build costs.
Option 3: Redevelop for Maximum Margin
• Build costs: ~$350–$500/sq ft
• High-end new builds: $3,000–$4,500+/sq ft
That spread presents a compelling opportunity for long-term equity, resale, or even multigenerational use. New luxury estates just completed nearby are lifting neighborhood comps, with more under construction.
WHY THIS LOT STANDS OUT
• Southwest-facing cul-de-sac — light, privacy, and long water views
• No immediate neighbors across the canal — rare, open-water feel
• Extended seawall — accommodates large vessels
• Seasonal sunset views — unmatched ambiance and lifestyle appeal
• Ideally located on Center Island — the most convenient of the three islands for both beach access and town entry
• Surrounded by luxury new builds — timing, comps, and potential all align
A Smart Opportunity with Rare Timing
When the fundamentals — location, pricing, and redevelopment activity — converge like this, savvy buyers recognize the opportunity. Whether you're acquiring for yourself or with strategic partners, this property has room for value to scale.
For Sale By Owner (FSBO) | Sold As-Is
Open to experienced wholesalers actively wholesaling, subject to written approval and agreed terms.
Serious, qualified inquiries only. Private showings by appointment after prescreening.
Disclaimer: All information provided is deemed reliable but not guaranteed. Buyer to perform independent due diligence. Property offered strictly as-is with no warranties or guarantees of future performance.
