Bring your vision to this exceptional waterfront property on beautiful Butterfly Lake in the sought-after Shore Acres neighborhood. Situated on an expansive 9,901-square-foot lot with approximately 77 feet of waterfront, this property offers direct access to Tampa Bay and is just 10 minutes from vibrant downtown St. Petersburg. The existing home features 2 bedrooms, 2.5 bathrooms, and a 2-car garage. 2020 A/C unit (on the roof). The property sustained damage during the 2024 storms and is being offered as a renovation project or potential new construction opportunity. Whether you choose to restore the existing home or build your dream waterfront residence, the value lies in the incredible lot, water access, and prime location. Enjoy boating, kayaking, paddleboarding, fishing, and the Florida waterfront lifestyle right from your backyard. Conveniently located near downtown St. Petersburg's restaurants, shopping, museums, waterfront parks, and entertainment, this property presents a unique opportunity to create something special in one of the area's most desirable waterfront communities.