Embrace the opportunity to own 50 feet of direct waterfront in the highly desirable Madeira Shores community. This prime lot features a 2,000 sq. ft. single-story block home built in 1960, now part of a street transforming with stunning new builds and modern appeal. This property, impacted by Hurricane Helene and affected by flooding, is being offered "AS IS", presenting an exceptional investment for those with a vision. Due to FEMA's 50% rule, renovation of the current home may not be feasible, and the seller provides no guarantees on its rehabilitation potential. The home has not been touched since the flood. Here is your chance to design and build the waterfront home of your dreams or to explore the possibilities for renovation in a sought-after neighborhood with captivating views and a peaceful waterside lifestyle. Don’t miss out on this rare value in Madeira Shores—create the life you've always dreamed of in this extraordinary location.