Seize the chance to own 75 feet of prime waterfront in the highly sought after Madeira Shores community. This generous lot currently hosts a 2,190 sq. ft., single story block home from 1954, complete with a swimming pool and spa. Nestled among stunning new builds on a street undergoing exciting transformation, this property offers endless possibilities for visionary investors and homeowners alike. Impacted by Hurricane Helene and affected by flooding, the property is being sold "AS IS". Due to the FEMA 50% rule, the feasibility of renovating the existing home is uncertain. The seller makes no warranties regarding the potential for rehab. This presents a unique opportunity to build your custom dream home in a coveted location or explore renovation possibilities. Don't miss out on this exceptional value for waterfront living at an excellent price point. Create the lifestyle you've always envisioned in Madeira Shores, where breathtaking views and serene waters await.