Nestled along the prestigious Bayshore Boulevard in South Tampa, this property presents an exceptional and rare opportunity. Spanning an expansive two point three acres, this waterfront gem offers a remarkable one hundred ninety-nine feet of open bay frontage, providing breathtaking views of Hillsborough Bay. Boasting a highly sought-after location, this is more than just a property; it is a rare opportunity to own or develop a piece of South Tampa's prestigious Bayshore Boulevard. The scarcity of land of this size in such a prime location enhances the property's appeal. Beyond the potential for development, residents will enjoy proximity to fine dining, shopping, top-rated beaches, downtown and various amenities. The scenic beauty of Hillsborough Bay is an ever-present backdrop, enhancing the desirability of this unique parcel. The rarity of such a sizable lot (one hundred thousand two hundred twenty-five square feet) in this coveted area makes this a once-in-a-lifetime chance for prospective homeowners and developers alike. Dimensions of this property: 281 front x 541 north x 383 south x 199 water; measurements are taken from the boundary survey completed November 2023. The house is a tear down; value is in the land. There is an updated mother-in-law/caretaker cottage on the property. Do not miss the chance to own or develop a piece of South Tampa's waterfront paradise. There is a caretaker living on this property; please do not walk this property without the presence of the Listing Agent and a confirmed scheduled showing.