Attention investors and builders—this distressed flood home in Shore Acres is priced well below land value and presents an exceptional redevelopment opportunity in one of St. Petersburg’s most sought-after neighborhoods. Located just six minutes from downtown and minutes to the Shore Acres Recreation Center, this 80' x 117' lot offers over 9,000 square feet (0.21 acres), perfect for constructing a new elevated home in a transitioning area with high-end new builds. The existing structure is uninhabitable due to severe flood damage from Hurricane Helene. Mature trees provide natural shade and attract a variety of birdlife, adding to the lot’s appeal. If you're looking for a prime location to build in a desirable, growing community with nearby parks and recreation, this is your opportunity.