Under contract-accepting backup offers. Don’t miss this rare chance to build in one of St. Petersburg’s most desirable and fast-growing neighborhoods. Situated on a generous 8,525 sq ft lot, this property is perfectly positioned directly across from the brand-new Mangrove Bay Middle School and the state-of-the-art Speer YMCA. The existing home sustained flood damage during Hurricane Helene but has already been professionally remediated. A FEMA 50/50 letter is in place, requiring that future improvements meet FEMA’s rebuilding rule—making this an ideal site for a brand-new build. Surrounded by modern new-construction homes, this lot offers exceptional potential whether you’re looking to create your dream residence or a high-demand investment property. Additional highlights: Just minutes by bike or golf cart to the Downtown Waterfront, St. Pete Pier, marinas, golf courses, dining, shopping, and entertainment. Close to Shore Acres Elementary, parks, and recreation centers with tennis, pickleball, swimming, and kayaking through the scenic Weedon Island Preserve. This is a prime redevelopment opportunity in a sought-after location. Act fast—properties like this don’t come around often!