Fantastic opportunity to renovate the place in its current condition or build your dream in paradise on Boca Ciega Bay on St Pete Beach. The seller received 6/3/2025 a revised appraisal that will allow approximately $285,000 for repairs/improvements per the FEMA 50% Rule. This prime location is for sale for under the land value. Marvelous open water frontage for those desiring a waterfront lifestyle with a 2015 81 foot seawall, Pebble Tec pool and spa with a paver deck, composite dock, boat lift and a large circular paver driveway with extra parking spaces. The pool includes an outside shower & bathroom. A 2 story triplex (2,750 sq. ft./ 3,754 total sq ft) is currently in place. It contains a 1,996 sq. ft. 2 story unit (3/3), a 476 sq. ft. 1st floor unit (1/1) and a 308 sq. ft. 2nd floor unit (0/1). The first floor sustained damage from Hurricane Helene and the seller has a under 50% non substantial damage determination letter from the city of St Pete Beach. The pictures of the property include shots taken before the hurricane. Dont miss your chance to live in a very desirable location and do what you have dreamed of doing. The property is walking distance to our top rated pristine sandy beach, restaurants/bars, shopping and the upcoming renovated beach theater in downtown St Pete Beach. This is your place in paradise!