This is the kind of property some wait on then regret when its gone. Solid block construction, stone and terrazzo floors, and a long water view the second you walk through the door. Youre looking straight out over the Intracoastal from the main living area and the primary bedroom and its that classic Florida I could do this every day vibe. Heres what matters: the demolition has already been done. PVC plumbing inside. Drywall is removed to the studs, floors and ceilings are intact, and the house is wide open for your design and layout. No guessing, no hidden surprises behind finished walls youre starting with a clean slate. Theres a davit for a small boat and jet ski's. Perfect for someone who wants water out back, a simple setup, and the beach at the end of the street. New roof (October 2021) Upgraded 200 amp electrical panel Blown in attic insulation And if youre thinking about the 50% rule, heres the info City of Madeira Beach preliminary report shows NOT substantially damaged Pinellas County Appraiser shows repairs/improvements up to $98,805 allowed for rehab. This is one of those rare Madeira Beach opportunities where youre not paying for someone elses design choices youre buying location, water, and a head start. Renovate it, elevate it, or rebuild it into something special. Waterfront. Walk to the beach. Long water view from inside the home. Big upside. If youve been waiting for a deal on the water in Madeira Beach this is your shot.