Paradise Island dream! When location matters, this rare waterfront opportunity in this highly sought after Treasure Island neighborhood is ready for your vision. Positioned on an extra wide, deep water canal with effortless access to the Intercoastal Waterway and the Gulf, this property offers the ideal setting to build a custom coastal retreat. The existing solid structure home, with 5 bedrooms, 3 bathrooms, original terrazzo floors and plaster walls were directly affected by Hurricane Helene in 2024 and will likely require demolition, making it perfect for investors or buyers ready to design their dream home from the ground up. Enjoy a private dock for sunset watching, boating, and fishing, along with a unique public easement along one side of the property that guarantees no future construction next door. The result is an open, unobstructed waterfront feel that is increasingly hard to find. Just minutes from award winning beaches, top rated restaurants, boutique shops, and a short drive to vibrant downtown St. Petersburg, this location truly has it all. Dont miss this exceptional chance to create your own piece of paradise. Dream bigthis is where your story begins.