Unique and enticing buildable Lemon Bay waterfront lot situation! Back on market after the hurricanes at much reduced price. Consisting of a mid century gem on nearly an acre and entire parcel of two lots. The existing home is situated on the streetside lot the vacant buildable lot on the waterside. Create your own private compound. Live in the existing home once it is restored and build your dream waterfront home. Many possibilities make the existing original home the guest house or income producing property. This is just one scenario of many possibilities and opportunities. Although solidly built the home did get water intrusion from the hurricane but with little work can be restored to tip top condition. Prior to hurricane home had been painted throughout, new tile flooring and new kitchen and baths. Roof was new in 2022. The seller has conserved and reconditioned the original fabulous cedar wood cathedral ceiling in the great room. Unobstructive water views from the great room, kitchen, master bedroom and bonus office. An easy launch for a kayak or paddle board right off the property and walking distance to the public beach. Lemon Avenue is a privately maintained road with little traffic which has recently been designated a protected canopy road. Enjoy stress free waterfront living being off the barrier islands as Lemon Ave did not flood during the hurricanes. This is a peaceful residential setting with abundant trees and vegetation and captivating wildlife, especially over the water. It truly is a special property, waterfront and walk to beach with endless possibilities. Being sold As Is.