Rare Opportunity in the Heart of Old Englewood! Located just moments from Dearborn Street, this 5-bedroom, 2-bathroom hurricane-distressed home offers an exceptional opportunity for restoration or new construction. The concrete block lower level has been gutted, providing a blank canvas for renovation, while the upper level remains intact, featuring 2 bedrooms and 2 bathrooms that did not sustain water intrusion. With a 2-car garage and ample space, the possibilities are endless! This property also comes with an ADDITIONAL ADJOINING PARCEL, creating even more potential for expansion, privacy, or future development, making this a truly unique opportunity. Whether you choose to restore the existing home or build an elevated dream home, you'll enjoy breathtaking views of the canal and Lemon Bay, the perfect setting for sunset watching. The prime location is unmatched—just minutes from vibrant shops, restaurants, and stunning Gulf beaches. Don’t miss your chance to create your ideal private retreat or investment property in one of Englewood’s most desirable neighborhoods!