Rare lakefront opportunity on beautiful Lake Magdalene! Rare lakefront opportunity on beautiful Lake Magdalene in Tampa—perfect for a tear-down and custom rebuild. This spacious 0.4-acre lot offers peaceful water views, no HOA, and is not in a flood zone, making it an ideal site for your one-story or two-story custom home built by a reputable builder. Located in one of Tampa’s most established and scenic lakefront communities, this property offers serene water views, no HOA, and a peaceful, low-traffic setting. Lake Magdalene is a 206-acre freshwater lake surrounded by 11 other lakes—ideal for kayaking, fishing, and enjoying nature right in your backyard. Just 10 miles from downtown Tampa with easy access to I-275 and SR-597, you’re minutes from Carrollwood, top-rated schools, parks, fitness centers, and local favorites like Bearss Groves and Prime Time Bar & Grill. The existing 2-bed, 3-bath home is a great candidate for renovation or tear-down. A complimentary set of custom home design plans with a preferred builder is included, giving you a head start on your dream home. The property is on county water and will require septic. Whether you’re an investor or future homeowner, this is a rare chance to build equity and enjoy waterfront living in a growing, high-demand area. Contact us today for more info or to schedule a private tour!