Nestled along 70 feet of spectacular intracoastal waterfront on the beautiful Isle of Capri in Treasure Island, this three-bedroom, two-bathroom home offers unparalleled potential despite the recent flooding damage caused by back-to-back hurricanes, Helene and Milton. Once a cherished coastal retreat, the property is now a blank canvas for a new owner to reimagine and rebuild. This home features stunning water views from all living spaces, an open concept layout, a split floor plan, a new roof (April 2024), and immediate access to the intracoastal allowing for enjoyment of boating, fishing, and relaxing views that only waterfront living can give. While it needs restoration to bring it back to the beautiful coastal lifestyle it once offered, it's located only 1 mile from Treasure Island beach and is a quick and easy drive to the city life that downtown St. Petersburg has to offer. The combination of waterfront living, and the proximity to boating, the beach, and city life, makes this an ideal opportunity to design and create a true tropical oasis. Please note that this home is being sold as-is with no repairs and has NOT been remediated after sustaining 3+ feet of water during the recent hurricanes. Schedule your private showing today.