Location - Location - Location! Prime redevelopment opportunity in the Old Northeast's coveted historic Granada Terrace neighborhood! This 63' x 107' property is ideal for a new elevated build to take advantage of the serene water views offered of Coffee Pot Bayou! Enjoy walking mere steps to the Coffee Pot Bayou promenade, take in the fresh air and viewing the dolphins and manatees on your daily walk or bike ride to North Shore Park or downtown St. Pete! Build the home of your dreams or take the opportunity to rebuild the existing 1940's Italian-revival style home featuring single level living, 2-bedroom, 3 baths, 1700+ sq ft of living space, hardwood floors, wood-burning fireplace, apse-shaped dining room, arched doorways, and other charming architectural details throughout. The property features vinyl fencing, mature landscaping, and is on a natural gas line. All of this nestled in one of St. Pete's most upscale neighborhoods renowned for its multi-million-dollar homes with historic architecture and charm like no others. All of this within mere minutes to Coffee Pot Park, North Shore Park, the 4th Street shopping and dining corridor, the Vinoy Golf Course & Country Club, and everything downtown St. Pete has to offer, such as dining, nightlife, museums, galleries, outdoor markets, sporting events, shopping and so much more! Easily access I-275 and arrive at Tampa International or St. Pete Clearwater airports within 30 minutes. The home was impacted by storm flooding and has not been remediated. The property is being sold AS-IS and the sellers make no warranties or guarantees regarding the existing home or property. Buyer to verify all measurements and information.