One or more photo(s) has been virtually staged. Waterfront Opportunity – Renovate or Build New in Northeast St. Pete Located in the highly desirable Arrowhead Estates neighborhood, this 3-bedroom, 2-bath, 1,706 square foot block home sits on a generous waterfront lot with direct canal access to Tampa Bay and no fixed bridges—perfect for boaters and water lovers alike. The property sustained storm surge damage during the 2024 hurricane season and is being sold AS IS. Interior walls remain intact, offering buyers a chance to assess the existing layout before deciding whether to renovate or tear down and build new. A screened-in inground pool adds significant value and could easily be incorporated into a new design or restoration plan. With ample lot space, there is room to add a 2- or possibly even a 3-car garage—an uncommon feature in this neighborhood. Surrounded by million-dollar homes on a peaceful street, this property is an exceptional opportunity to create a custom coastal retreat with potential for a dock, boat lift, and expansive outdoor living. The location provides the perfect balance of serenity and convenience, just minutes from downtown St. Petersburg, Shore Acres Recreation Center, waterfront parks, shopping, and dining. Buyers are encouraged to perform their own due diligence with the City of St. Petersburg and FEMA regarding renovation or new construction guidelines. The seller makes no guarantees about the current structure or future use. Whether you're seeking to renovate, rebuild, or invest, this property offers outstanding potential and long-term value in one of St. Pete’s most sought-after waterfront communities. This is your chance to build the ultimate waterfront lifestyle in one of Florida’s favorite communities, Arrowhead Estates. Don’t let this investment slip away—paradise is calling!
Listing courtesy of RE/MAX METRO. 727-896-1800
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