Rare opportunity for a direct oceanfront 3 bed, 3 bath unit in the preferred south-east corner of the very desirable Ormondy. This is a blank pallet and ready for a complete renovation with all of the demo work completed and post hurricane mold remediation executed by top professionals. Here is a chance to buy the buildings most desirable floor plan at a fraction of the price and outfit it with all new appointments to your liking. All three bedrooms have unobstructed ocean views. The kitchen opens onto oceanfront the great room which ultimately opens onto the sprawling covered verandah overlooking the Atlantic. Ideally positioned in this complex the third floor actually sits 4 stories above the lovely pool deck and cabana, allowing for quiet relaxation on the balcony. CONTINUED... This elevation is low enough to see shore birds, crashing waves and beach goers, but high enough for complete privacy. Valuable accordian, alluminum huirricane shutters are in place. The Ormondy features a beautiful lobby with a full time manager and staff. The legendary penthouse level club room is used for community gatherings and available to residents for private parties. Short term rentals are allowed and this property has the potential to gross $100K+ per year.