Under contract-accepting backup offers. Attention investors! Opportunities abound on this desirable lot in one of St. Pete's most beautiful neighborhoods. Priced at land value, you can choose to renovate the existing structure or tear it down and build your dream home. If you’re renovating, this charming 2 bedroom, 2 bathroom home spans over 1113sqft of living space. The open floorplan is cozy, yet spacious, and offers flexibility in its use, with a large living space at the front, two bedrooms tucked away in the back, the kitchen at the heart of the home, and a large dining space in the front. Outside, you can enjoy your morning coffee on the peaceful back porch, or entertain in your large backyard. Other practical features of this home include a 1-car garage and a new roof (2020). This lovely neighborhood boasts a sense of community with its local parks, and annual holiday boat and golf cart parades. It is central to all of your needs, and is located just minutes to the Shore Acres Rec Center, Islander Market, shopping, restaurants, and downtown St Petersburg’s waterfront, which offers endless dining, shopping, world class museums, and events. It’s also a fast and easy commute to the interstate putting you a short distance from airports, and most importantly many of our beautiful sandy beaches. As this home was flooded in Hurricane Helene, it’s being sold as-is, and only cash offers are being entertained.