Outstanding Waterfront Redevelopment & Restoration Opportunity. Rarely available, this exceptional waterfront property sits directly on the Intracoastal waters of historic Blind Pass, offering unobstructed access to the Gulf with no bridges to navigate. With approximately 75 feet of seawall, this is a truly special opportunity for a builder, developer, investor, or buyer looking to create a premier waterfront residence. The property enjoys an unbeatable location adjacent to a beautiful waterfront park featuring a dog park, while also being within easy walking distance of popular waterfront restaurants, local shops, and the stunning beaches of Treasure Island just across the bridge. The original 4-bedroom, 3-bath, approximately 2,363-square-foot home sustained flooding during Hurricane Helene and, with an updated appraisal, qualifies for restoration under FEMA’s 49% rule. This creates a unique opportunity to restore, renovate, or potentially rebuild a custom waterfront home while taking advantage of this extraordinary location. Whether you're a seasoned developer, builder, investor, or buyer searching for a one-of-a-kind waterfront project, this property offers an exceptionally rare combination of deep-water access, Gulf accessibility, and extraordinary views. Opportunities like this are increasingly difficult to find. Bring your vision and make this extraordinary waterfront location your own!