Under contract-accepting backup offers. ~Stunning Waterfront Fixer-Upper with High-End Upgrades | 60ft Open Water Frontage, Deep Water Access, and Newer Pool~ Location, potential, and exceptional sunset views for value! This property, located on desirable Paradise Island in Treasure Island, offers a rare opportunity to either build new or restore a previously updated home. Completely remodeled between 2018-2021, this home was a showcase of modern luxury with meticulous attention to detail. A stunning new pool was added in 2021, perfect for soaking in the serene waterfront views. Damaged by Hurricane Helene and now down to the studs, this waterfront gem features an oversized lot with 60 feet of water frontage with a wide-open canal view with deep water access, ideal for boating enthusiasts. High-end upgrades and features remain: Seawall cap (2018), Timberline architectural roof (2018), Clopay impact garage door, custom impact entry door, and newly installed PGT impact windows, sliders, and doors (2023). On the inside: 12"x24" porcelain tile floors in a striking herringbone pattern, honed marble countertops in the kitchen, a panel-ready GE Monogram refrigerator (2018), and marble and calcite accent walls in the kitchen and primary bath. Additional luxury amenities include Hunter Douglas automated roller shades in the living area, Sunbrella motorized retractable awnings, Pelican whole-house water filter and softener, and a new sprinkler system. Your outdoor oasis is complete with perfect sunsets over a gorgeous 28x14 pool with Pebbletec finish and Shelllock pavers with a new Pentair variable speed pump. Located just two minutes from the stunning beaches of Treasure Island, this property offers a blend of peaceful waterfront living and unbeatable access to all the area has to offer. Whether you’re looking for a land value opportunity or a fixer-upper, this property holds the potential to be an extraordinary waterfront retreat. Survey and floor plans available. Recent FEMA Appraisal has Structural Value at $444k!