Discover an extraordinary opportunity to create your dream waterfront retreat in the coveted Paradise Island neighborhood. Nestled on an oversized 1/3-acre lot, this property boasts 150 feet of seawall with a newer seawall cap, a 10,000 lb. boat lift, and a composite dock, offering direct access to the Gulf of Mexico with no fixed bridges. Enjoy breathtaking westerly views and tranquil sunsets, all while indulging in Florida living at its finest. The existing pool and spa invite relaxation, while the lot’s expansive size provides endless possibilities for outdoor entertainment and design. Priced for land value, this property is ideal for visionary buyers looking to build an exceptional custom home. Whether you're inspired to restore the existing structure or start anew, this property offers a rare blank canvas in a stable and highly sought-after community. While the current home sustained damage from Hurricane Helene and is being sold "As-Is," the location is unmatched—just minutes from pristine beaches, charming shops, vibrant restaurants, and the Treasure Bay Community Center.