Exceptional opportunity to renovate or build your dream home in the coveted Lake Block of the South of Southern neighborhood. Situated only one home off the intracoastal waterway and boasting an expansive 12,000+/- sq. ft. lot with southern exposure. Charming 3 bedroom/2 bath colonial offering a large swimming pool, full house generator, 2-car garage, and mature landscaping. Potential subdivision opportunity and surrounded by newly developed and impressive residences. Great for an end user or developer. The only property of its kind currently available!