Palatial Mediterranean Estate almost half an Acre of Land on the water. Unique opportunity to purchase the lowest priced waterfront property in the exclusive guard gated community of Bal Harbour Village. This home sits on a spectacular 20,000+ square foot lot with 77 ft. of prime water frontage. Built in 2001; this incredible residence offers 4 Bedrooms, 6 bathrooms + detached 2 car garage and extremely rare full guest house suite. Additional features include library, office, patio, pool, jacuzzi, summer kitchen, garden, waterfront deck and more. Modernize this unique property and make it your dream home! Walking distance to the Bal Harbour Shops, 5-Star hotels, Beaches, Houses of Worship and much more.