Back on the market due to buyers financing falling through! ONE OF A KIND!! MUST SEE IN PERSON | PRIME WATERFRONT LOCATION | Demolish or lift existing structure! Experience the epitome of coastal luxury with this rare waterfront property, endless potential, ideally positioned at the end of a serene channel in the prestigious Redington Shores community. Offering unobstructed water views that only a handful of homes in this channel can claim, this is truly a rare opportunity to own one of the most desirable pieces of property on the barrier islands. Boasting 50 feet of private water frontage, newly installed limestone rip rap (2025), and a heavy-duty dock built from weather-resistant composite decking, this lot perfectly blends natural beauty with refined coastal design potential. The 90’ x 50’ lot is ready for its next chapter; whether you choose to elevate and restore the existing structure or build a brand-new coastal masterpiece from the ground up, the possibilities are limitless. Inside, the existing home showcases impressive craftsmanship, tall vaulted ceilings, and striking exposed wood beams that immediately capture the eye and hint at the home’s architectural potential. With the right vision, this residence can be transformed into an extraordinary showpiece that honors its character while embracing modern luxury. Enjoy peaceful mornings watching dolphins, manatees, and coastal birds glide through the channel right from your backyard. Just minutes away, you’ll find direct beach access, a short walk across Gulf Blvd. and a dedicated grassy area for dogs, perfect for morning strolls. The location is unbeatable, close to John’s Pass Village and Indian Rocks Beach, where fine dining, boutique shopping, and coastal recreation await. Additional highlights include a swivel lift for a small boat or jet ski (electrical box replacement needed) and a multi-zone underground irrigation system (buyer to verify it is operating during inspection period) connected to reclaimed city water. This property is more than a home, it’s an opportunity to create your own waterfront sanctuary, combining timeless craftsmanship, tranquil beauty, and the luxury of true island life.