Location - Location - Location! Prime redevelopment opportunity in the Old Northeast's coveted historic Granada Terrace neighborhood! This 63' x 107' property is ideal for restoration or a new elevated build to take advantage of the serene water views of Coffee Pot Bayou. Enjoy walking mere steps to the Coffee Pot Bayou promenade, taking in the fresh air, and spotting dolphins and manatees on your daily stroll or bike ride to North Shore Park or downtown St. Pete. Build the home of your dreams or take the opportunity to revitalize the existing 1940's Italian Revival-style home featuring single-level living, 2 bedrooms, 3 baths, over 1,700 sq ft of living space, hardwood floors, a wood-burning fireplace, apse-shaped dining room, arched doorways, and other charming architectural details throughout. The seller has replaced and upgraded the home's electrical and plumbing systems, providing a solid foundation for your renovations or restoration. Additional features include vinyl fencing, mature landscaping, and connection to a natural gas line. All of this is nestled in one of St. Pete's most upscale neighborhoods, renowned for its multi-million-dollar homes and historic architecture. Just 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-dining, nightlife, museums, galleries, outdoor markets, sporting events, and more! Convenient access to I-275 allows you to reach Tampa International or St. Pete-Clearwater airports in under 30 minutes. Property is being sold AS IS. Buyer to verify all measurements. 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.