Great piece of bayfront on one of the most protected coves in the Seaside Area. Pelican Island gives you the best of both worlds in term of value for bayfront and proximity to the ocean. Value is in land but there are two existing cottages and was used a multi-family. One was damaged by fire and the other is used as a summer bungalow still. Lot is deep 30x115 and has newer bulkhead. There could be an opportunity to earn income while you hold a waterfront property till your ready to build. There was minimal Sandy damage.