Under contract-accepting backup offers. This oversized waterfront lot presents an exceptional opportunity for investors or someone looking to build their waterfront dream home. Measuring a generous 1/4 acre with 133 feet of depth and 85 feet of water frontage, the property is being sold for land value or as a prime flood renovation project. The existing block construction home, which flooded during Hurricane Helene and also sustained fire damage, offers a solid foundation for those looking to lift, renovate or start fresh and build a custom waterfront retreat. With a beautifully pavered pool area, a private dock with composite decking, a 10,000 lb boat lift, a new seawall and wrapped pilings already in place, much of the essential waterfront infrastructure is ready to support your vision. This is currently the lowest priced waterfront property in Shore Acres NOT located on Butterfly Lake, making it a rare find. The neighborhood features A-rated schools and is just 10 minutes from the vibrant heart of downtown St. Petersburg. With only one bridge to open water, boaters will appreciate the quicker access to Tampa Bay and the nearby sandbar. Watch the dolphins play from your dock! Whether you choose to reimagine the existing structure or create something entirely new, the potential here is endless. Property is being sold as-is. No inspection or financing contingencies. No assignable contracts or offers from wholesalers will be considered.