The Island Retreat offers a rare opportunity to own an income-producing beachfront property with exceptional flexibility. The South Lot spans 33,073 sq.ft. With 171’ of ocean beachfront, featuring expansive decks overlooking an uninterrupted stretch of pristine sandy shoreline. Currently operating as a boutique hotel, the property includes a pool, hot tub, fitness center, bar, commercial kitchen, backup generator and is a sought after venue for weddings and special events. Guests rave about the breathtaking beach views and the rare design where every room enjoys ocean views and sunrise awakenings. The Property is approved under the Hotel Encouragement Act, holds a hotel licensing and includes approvals for five additional guest cottages, offering significant expansion potential. It can also be easily converted back into a private beachfront residence, creating an exceptional family retreat or private oasis. Optional: May be purchased with the North Lot, including an additional 2 bed/ 2 bath cottage, bringing the total to approximately 1.3 Acres and 225’ of beachfront.