Back on market after buyer's financing fell through, their loss is your gain. Property appraised and inspections completed and cleared. Introducing a rare opportunity in the prestigious gated community of Bayway Isles, St. Petersburg, FL-an exceptional waterfront property waiting for its next chapter. This classic 1980s home, perched on a serene canal with direct Bay and Gulf access, offers a pristine canvas for transformation. While in its original condition, it boasts a spacious layout with five bedrooms, four bathrooms, a first-floor primary suite, and an inviting open swimming pool-ideal for family gatherings and outdoor entertaining. ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Located on a tranquil canal and cul-de-sac with no flooding during Hurricanes Helene and Milton, this home combines peace of mind with unparalleled location. Priced at $1,850,000, it presents an outstanding value for savvy investors and visionary homeowners ready to craft a dream residence. Post-remodel (ARV), expert projections estimate its value soaring to between $2.8 million and $3.2 million -making this a compelling investment in one of Florida's most desirable neighborhoods. This estimate is based on current market data and it is subject to change depending on prevailing market conditions at the time the remodel is completed and the property is brought to market. ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Imagine waking up to panoramic water views, enjoying direct Bay and Gulf access just moments from your back door, and customizing your forever home in an elite community that exudes elegance and exclusivity. Don't miss this chance to own a piece of paradise and set a new standard in Bayway Isles. Contact us today-your dream lifestyle awaits. ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ AI-generated renderings are provided solely for marketing and illustrative purposes to demonstrate potential design and redevelopment concepts. The renderings do not reflect the property's current condition. The seller makes no representations or commitments regarding renovations, improvements, or updates. The property is being offered in its present, as-is condition.