A truly rare waterfront redevelopment opportunity on deep water just one mile from John's Pass. Properties like this with 0.44 acres and approximately 170 feet of direct water frontage are incredibly hard to find. With unparalleled Gulf access via the area's only on demand drawbridge and a grandfathered short term rental clause, this is an exceptional chance for developers, builders, and investors to create something extraordinary. The property was flooded and is a complete tear down, making it a blank canvas for a high end redevelopment project. Whether it's luxury waterfront homes, townhomes, or income producing rentals, this location offers endless potential in one of Floridas most desirable coastal markets. With deep water access and space for multiple docks, this is a boaters paradise providing unmatched convenience for large vessels and waterfront living. Public utilities are in place and the property is just steps from the beach. This is a once in a lifetime chance to develop a premier waterfront investment. Opportunities like this rarely come to market so act fast before it's gone.