Short Sale. SHORT SALE IS BANK APPROVED! SOLD AS-IS, PROPERTY HAS FLOOD DAMAGE FROM HURRICANE HELENE. This property presents an exceptional opportunity to create a stunning new home or capitalize on the growing demand for luxury housing in one of the areas most desirable neighborhoods. The 50x100 lot currently features a solid block structure with 2 bedrooms, 1 bathroom, 818 sq. ft., and a one-car garage. While the existing home has flood damage from Hurricane Helene, it has been fully remediated, offering the potential for renovation or redevelopment. The value here is undeniable--new construction homes on comparable lots are selling between $1.1M and $1.4M. Whether you're building a custom home or planning your next investment project, this property offers a golden opportunity to maximize returns in a high-demand market. Situated just minutes from the Downtown St. Petersburg Waterfront and St. Pete Pier, this property provides convenient access to marinas, golf courses, premier dining, boutique shopping, and vibrant entertainment. Outdoor enthusiasts will appreciate proximity to local parks, the Recreation Center, and Weedon Island Preserve for pickleball, tennis, swimming and kayaking. Families will love the convenience of the nearby Shore Acres Elementary, Mangrove Bay Middle School and brand-new YMCA. This tight-knit, vibrant neighborhood is known for its strong sense of community, featuring golf cart parades, block parties, social clubs and more. Note: No assignable contracts, subject-to offers, or wholesalers. Seller makes no warranties on any aspect of the property. Short Sale, subject to third party approval. Don't miss this opportunity to bring your vision to life in one of the most coveted neighborhoods. Call today for more information!