Priced at recently appraised value!! Blueprints are available outlining a proposed reconfiguration of the existing structure, allowing for the addition of two stories of living space while converting the main level into dedicated parking and flex space. If constructed according to plans, the recently appraised future value of the property is $5.125 million! Sky's The Limit Development Group proudly presents this stunning, rare waterfront gem offered to enjoy in it’s current coastal charm, or as the perfect canvas for your dream home. Whether you envision a custom-built mansion on this breathtaking site or prefer to build on your own lot or an alternate location, our team is ready to bring your vision to life with unmatched craftsmanship and design expertise. Imagine awakening each morning to the gentle whisper of sea breezes and the soft cadence of waves brushing against the seawall, your day beginning with panoramic, unobstructed views of Boca Ciega Bay. This extraordinary waterfront property boasts an impressive 166 feet of water frontage with direct access to the Gulf—perfect for seasoned boaters and sunset cruisers alike. Dolphins play just feet from your private dock as you sip your morning coffee or unwind in the evening, soaking in breathtaking sunsets from the comfort of your backyard oasis. Tucked away at the end of a quiet cul-de-sac in the prestigious Isle of Palms on Treasure Island, this beautifully restored 4-bedroom, 3-bath, 2,500-square-foot home offers a seamless blend of coastal charm and modern comfort. Nearly every room in the home opens to the water, inviting you to experience the tranquility of outdoor living year-round. A sparkling pool, tropical landscaping, and a brand-new composite dock with two boat lifts and a newly installed seawall complete this waterfront dream. Just around the corner, you’ll find the iconic John’s Pass Village—offering deep sea fishing charters, dolphin excursions, boutique shopping, and some of the best coastal dining on Florida’s Gulf Coast. Whether you’re boating out to the Gulf or strolling the local boardwalk, everything you love about Florida living is at your fingertips. And for those with grander visions, this rare parcel offers the opportunity to create something truly spectacular. Sky’s The Limit Development Group is ready to bring your dream to life—offering the potential to completely redevelop the property into a breathtaking custom-built three-story mansion with views stretching as far as the eye can see. Inquire today about building your dream home on this slice of paradise—where every sunset is a masterpiece and every day feels like a vacation.