Ground-floor 2Bed/2Bath free-standing villa on Manasota Key, located just steps away from the beach, offering a unique opportunity for renovation. This villa has experienced flooding but is now ready for a complete remodel. The spacious layout and proximity to both Lemon Bay and the beach, make it an ideal project for someone looking to restore and transform a piece of paradise into a dream home. The condominium association has agreed to provide owners any insurance monies it receives from the carrier that is intended for replacement of insured components in the unit. Owners therefore have the option to proceed with the reconstruction of their units themselves, or wait for the contractor hired by the association to complete the work. Reimbursement is anticipated once the association receives the applicable insurance proceeds. This villa features a high vaulted ceiling and clerestory windows, which gives the unit a bright & airy feel. Sliders from the bedroom opens to a large composite deck with a covered patio. Park your vehicle in the covered carport area and take the walkway to the front entry. The utility room, located at the rear of the carport, includes washer/dryer hookups and plenty of room for storage. This unique 39-unit gulf to bay enclave offers its residents access to a community heated pool, clubhouse, and approximately 200 feet of frontage on the beach and Gulf of Mexico. Located 1-mile from island restaurants and shopping. Don't miss your chance to bring this villa back to its former glory!