Rare opportunity to build in the highly sought-after Ocean Park neighborhood of Old Orchard Beach. This .06-acre homesite offers 50 feet of frontage on Oceana Ave and features an existing 840 sq/ft foundation already in place, saving significant time and upfront cost. Extensive due diligence has already been completed, with key permits secured at both the federal and state levels. Approvals from the Army Corps of Engineers and Maine DEP allow for wetland impact, foundation stabilization, and residential construction. Engineering plans addressing drainage, backfill, and structural considerations are also available. Proposed building plans have been designed; however, they have not yet been submitted for or approved by the Town, offering buyers flexibility to tailor the final design to their own vision (subject to local approvals). The 2,613 sq/ft lot is ideally positioned to capture beautiful marsh views from the rear, offering a peaceful and scenic backdrop. Located just 3 blocks from the highly regarded Ocean Park Beach and only 1 mile to the Old Orchard Beach Pier, this property combines convenience, lifestyle, and opportunity in one of the area's most desirable coastal communities. Whether you're looking to build a primary residence, vacation home, or investment property, this is a rare chance to step into a project with substantial groundwork already completed and bring your vision to life with confidence.