Luxurious coastal living meets endless potential at 2017 Iowa Avenue NE, located in the highly sought-after waterfront community of Venetian Isles. Offered at $995,000, this exceptional property is perfectly positioned on an expansive 10,041 sq ft lot with 90 feet of deep sailboat water frontage. With no fixed bridges and direct access to Tampa Bay and the Gulf of Mexico, this is a true boater’s paradise. The property features a newer dock and 10,000 lb boat lift, ideal for large vessels or sunset cruises. The existing home was affected by Hurricane Helene, and the interior has been cut out and dried out, presenting an incredible opportunity to design and build your dream waterfront home in one of St. Petersburg’s most desirable neighborhoods. Several recent updates include a 2019 AC system, 2019 flat roof, new pavers, reclaimed water installed in 2018, updated electrical, new interior and exterior paint, and a new pool heater in 2022. The lot offers a large poolside area perfect for enjoying the waterfront views. FEMA’s preceding value allocation to the structure allows repair improvements not to exceed $155,000 based on the 49% rule for the City of St. Petersburg. Priced for land value only. Conveniently located near downtown St. Pete, shopping, dining, beaches, and with easy access to Tampa. Don’t miss this incredible opportunity — schedule your private tour today and create your custom waterfront dream home.