Short Sale. A rare chance to own and complete a one-of-a-kind waterfront estate—this striking new construction home stands as the tallest single-family residential structure in St. Petersburg, offering unobstructed 360-degree views of the bay, city skyline, and beyond. Please note: the home is currently a shell and not yet finished. Interior build-out is required, offering a blank canvas to bring your vision to life. Appraised As-Is at $3.8M (appraisal in hand), with a completed value exceeding $7M, this property presents tremendous upside for builders, investors, or end-users seeking to customize a luxury waterfront masterpiece. Constructed with ICF (Insulated Concrete Form) for superior strength and energy efficiency, the structure withstood two recent hurricanes without any water intrusion. Located on a deep canal with immediate open water access, the property features a concrete seawall and dock that can accommodate up to an 80-foot yacht. Just 10 minutes from Downtown St. Pete and minutes from Gulf beaches, this property offers elite boating access, breathtaking views, and the chance to create something truly iconic. Short sale—subject to bank approval.