This INCREDIBLY PRICED DEEP WATER SAILBOAT PROPERTY provides easy access to the Gulf of Mexico via Stump Pass, which is only minutes away. It's a unique opportunity to create the waterfront retreat of your dreams. While recently impacted by flooding, this offers a chance to rebuild and restore, crafting a home that reflects your vision. Whether you choose to breathe new life into the existing 1,370 sq ft home with a thoughtful renovation or embrace a fresh start and design an elevated home that maximizes flood resilience, this location offers endless possibilities. The spacious 12,300 sq ft lot includes a 22x14 DETACHED, ideal for storage or a workshop. A contract to install a 12,000 lb boat lift off the CONCRETE SEAWALL is current and transferable. NEW METAL ROOF in 2021. Enjoy boat days with easy access to Lemon Bay and beaches with NO FIXED BRIDGES. Immerse yourself in tranquil CANAL VIEWS and the soothing sounds of waterfront living. Explore world-class fishing spots, pristine beaches, and vibrant waterfront dining. House has been stripped of drywall, new electrical panel with all wiring installed and new plumbing through out. Don’t miss out on this rare find—schedule a viewing today and imagine the possibilities!