Commercial investment opportunity! LAND LEASE of a 32-unit co-op building located on prestigious Pinetree Drive in Miami Beach, with 90 feet on the water and western exposure overlooking beautiful Surprise Lake. Land lease ends 3/1/2046 (24 years left). The lot is 22,981-SF, zoned RM-1, multifamily. Waterfront commercial property with an PRIME and central Miami Beach location, close to everything Miami Beach has to offer.