If I am correct in order to subdivide the prioperty the developer needed 100' of waterfront for the first parcel and 50' for each parcel after that. Do you have 100'? I guess the million dollar question would be, why wasn't access provided for when the lot was divided? Sounds like the developer or prior land owners may be pulling a fast one. This may be a case where it can be done with an easement after the lots have been approved for sub-dividing, but may not have been approved as part of the original plan.
I definitely would recommend a lawyer or the easy answer would be "no". Why not try to buy the other lot with the water access but no way to get to it.
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