An exceptional opportunity awaits in one of Madeira Beachs most coveted waterfront neighborhoods. Located at 837 Bay Point Drive, this 60 x 125 deep water canal lot offers the ideal canvas to design and build a luxury coastal residence tailored to your vision. Set among elegant, high end homes, this neighborhood is rebuilding with beautiful elevated homes making it one of the most desirable enclaves on the barrier island. This lot has a home that has been substantially damaged. The lots deep 125 foot footprint allows for a thoughtfully designed home with generous interior living space, expansive outdoor areas, and seamless indoor outdoor flow. Positioned on a tranquil canal with deep water, a newer dock and seaway with direct access to the Intracoastal Waterway and Gulf of Mexico, this waterfront setting is ideal for boating enthusiasts. Enjoy the convenience of keeping your vessel just steps from your back door while taking advantage of protected waters perfect for daily cruising, paddleboarding, or kayaking. World class beaches, vibrant waterfront dining, boutique shopping, and Johns Pass Village are all just minutes away. Despite its close connection to island amenities, the neighborhood maintains a peaceful residential feel, making it ideal for a primary residence or a luxury second home. Bring your architect, builder, and imagination837 Bay Point Drive is your opportunity to create a timeless waterfront estate in one of the areas most exclusive settings.