An Incredible Investor’s Dream! This charming cottage, once a vibrant beach retreat, is now an exciting opportunity for restoration and revitalization. Located in a highly sought-after neighborhood just steps from Lemon Bay, this property offers tremendous potential. The bright, tropical exterior and classic charm create a solid foundation for a stunning home once brought back to life. Having sustained flood damage from recent hurricanes, this property presents a unique chance to renovate and renew. The thoughtfully designed floor plan maximizes space, featuring soaring vaulted ceilings and beautiful wood beams that enhance the openness and character of the home. The loft area provides additional flexibility, offering multiple options for use. Other features include a screened lanai, cozy fireplace and hurricane impact windows. Just two blocks from Historic Dearborn Street, shopping and dining and 3.9 miles to Englewood Beach. Launch your kayak in the Bay at the end of the street, or the canal across the street, or put your boat in the water less than a mile to the boat ramp to enjoy the water and some of Florida’s best fishing. It’s the perfect spot for a long-term rental or a dream vacation home once restored. With hurricane impact windows, a screened lanai, cozy fireplace, and the potential to acquire the county-owned land to the east, this property is primed for restoration and is an amazing investment opportunity. This is your chance to bring new life to this piece of paradise—seize the opportunity to make it your own and realize its full potential! Per owner: The HVAC is brand new, but got flooded. It's a very expensive infrared system with all new duct wood. Not sure if it works... likely need some service. And Rubber roof was replaced after Hurricane Ian. Shingled roof, not sure. Note: The home has not been remediated and there is mold present. Also see mls #C7502558 for vacant lot listing.