An exceptional opportunity to create your dream coastal home or explore an investment project in the charming waterfront community of Crystal Beach! Situated on desirable Crystal Beach Avenue, this property offers a wonderful canvas for new possibilities in a quaint, golf cart-friendly neighborhood known for its Old Florida character and relaxed coastal lifestyle. The existing two-bedroom, one-bath home features a carport, an inside utility room, new roof in 2021, and has substantial flood damage. Pinellas County issued a Substantial Damage Determination Letter dated October 6, 2026. Based on the County's current structure valuation, approximately $57,000 in rehabilitation costs may be permitted under the 49% threshold to retain the existing structure, subject to County review, required permits, and floodplain compliance requirements. Alternatively, the existing home may be demolished to make way for a custom elevated residence, subject to applicable permitting and County approvals. Enjoy close proximity to the neighborhood waterfront park and fishing pier, spectacular sunsets over St. Joseph Sound, and the nearby Pinellas Trail for walking and cycling. With its appealing coastal setting, distinctive neighborhood character, and convenient access to Palm Harbor, Ozona, and Tarpon Springs, this property offers an exciting opportunity to bring your vision to life. Don't miss it!