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Only in the Hamptons is a Tiny 50s Teardown $8.995M

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Of course, it's oceanfront

If you want to be oceanfront in Bridgehampton (who doesn't?) and you don't happen to have $25M to spend, this represents a great opportunity to build your dream house, as long as your dream house isn't too large. There's half an acre of land with 65' of oceanfront. The listing, which doesn't even bother to show any interior photos of the current two-bedroom, two-bath house, says that the "building envelope affords a 2700+/- sq. ft. without variances." Think this will be scooped up fast?