WELCOME TO PARADISE!! Sellers are offering a 2-1 buy down with a full price offer! That lowers your interest rate by 2% during the first year of your mortgage and by 1% during the second year of your mortgage! This home is NOT significantly damaged so come in and bring it back to its original condition! The FEMA Appraised value of the structure is $468,484. The taxable land value is $881,000.00, making this property worth $1,349,484 when complete! (And that doesn't even include the value of the pool and dock!) This 3-bedroom, 2-bathroom split-plan home has over 2,400 heated square feet plus an oversized garage and inside laundry! (Over 3,000 square feet in all!) It features 70 feet of water frontage on a wide canal with partial views of the bay and bridge. This home also offers a newer pool (2020), a newer hot water heater (2024), a newer roof (2019), a composite dock, concrete wrapped poles and deep sailboat water. Also, for the boaters, you have direct Gulf access with no fixed bridges - you'll be in the open waters of the Gulf in roughly 10 minutes! The wide paved street offers plenty of room for guest parking, along with the newer paver driveway. This home was flooded during Hurricane Helene and was immediately remediated. This is your opportunity to create the home of your dreams! The best sunsets on the coast are only a short drive or an 8-to-10-minute walk away!!