Rare development opportunity! This original Sears Craftsman home is located just two doors down from the sand and walking distance to the Venice canals. The highly valuable LAR3 zoning for this property provides countless development opportunities and potential. This charming residence features two bedrooms with en-suite bathrooms, original hardwood floors, built-ins throughout, a laundry area with a washer and dryer off the kitchen, and large windows which flood the home with an abundance of natural light. The custom-made front gate boasts an iconic Burt Reynolds mural by esteemed artist, Jonas Never. Expansive sundeck overlooks the spacious backyard and designated parking area for 3 cars. Sale includes renderings and architectural plans (unapproved, 2014) for a 3,800 sq. ft three story duplex - first story consists of a 1 bd/1ba apartment, two car garage and dipping pool, second and third story consists of a 3 bd/3ba main residence. Property can be delivered vacant or with tenants in place.