Excellent opportunity in the highly desired St. Pete Beach waterfront community of Bahia Shores. Nestled on a tropically landscaped corner lot with wide sparkling water views, this 2,019-square-foot block construction single-story home was impacted by Hurricane Helene is being offered "As-Is" for land value and is priced below the FEMA lot value of $932,045 (source PCOPA). The premier location and lot size (7,017 square feet) affords easy access to Boca Ciega Bay plus the Gulf of Mexico and is the perfect canvas to build a coastal waterfront dream home retreat or to renovate the professionally remediated three-bedroom, three-bath home currently in place with a new vision. Features of this picturesque property include 82 feet of water frontage with an updated, reinforced seawall designed to accommodate a future pool as well as a spacious 31-foot x 10-foot durable composite dock with kayak launch, perfect for dolphin watching, enjoying the sweeping water vistas and savoring tropical breezes. If choosing to renovate the existing home, buyers are advised to complete their due diligence to comply with FEMA’s 50% rule. Bahia Shores is a quick half-mile bike ride to award-winning St. Pete Beach and is located near restaurants, golf courses, Ft. Desoto, boutiques and is about a 15-minute commute to thriving downtown St. Petersburg.