Tremendous opportunity on prime waterfront real estate priced BELOW FEMAs lot valuation! This oversized property offers over 122 feet of sailboat depth water frontage with direct Gulf access via a short boat ride to Johns Pass, making it a highly desirable location for a future luxury new home or remodel potential. From the back patio, enjoy the open water views and beautiful sunsets. The private dock includes a 10,000 lb boat lift and area for an additional slip, enhancing its appeal to boating enthusiasts and high end coastal buyers. The existing 3 bedroom, 3 bath structure sustained storm damage but has already been remediated, with all compromised materials professionally removed. This is not a substantially damaged home, so renovation is permitted. Whether rehabbing the current structure or building new, the possibilities for strong ROI are significant. Call for a detailed and extremely reasonable rehab estimate or building plans and pricing to construct a new home. Samples of remodel work and model home available to tour. The property is being sold As Is and the seller makes no warranties regarding the home's condition. Buyers to assess the property's suitability for their intended use.