BACK ON THE MARKET WITH A MAJOR PRICE IMPROVEMENT! Looking for WATERFRONT property with endless potential? Look no further. Your opportunity to own a piece of paradise in the highly sought after Bay Point Estates nestled in the heart of Madeira Beach has finally arrived. A short drive to some of America's #1 beaches, this lot is located on a multimillion dollar street and offers 60 feet of Intracoastal Waterway frontage with a newer dock and 12,000 lb boat lift. The original 1950's block home on the property has been gutted with soil testing completed and permits in place for a full renovation, but could just as easily be a tear down perfect for new construction. Imagine building your dream home and at the end of the day being able to watch some of Florida's most breathtakingly beautiful and colorful sunsets in the comfort of your own back yard. Bay Point Drive is walking distance to the nearest public beach access and only minutes to everything the infamous Gulf Blvd has to offer including restaurants, shops, beach bars, public libraries, and boat rentals. If you plan on keeping your own boat on the lift, having John's Pass Village and Boardwalk right around the corner is convenient for a number of reasons. The sandbar is a hot spot for socializing with locals on the warm summer weekends, it's an ideal location for dolphin watching and sunset cruises, allows boats to pull up and dock at restaurants, and is the nearest boat access to the Gulf of Mexico if you prefer deep sea fishing, scuba diving, or simply crusing the open water. If you are ready to BUILD YOUR DREAM HOME, schedule your showing today! Lots like this do not come available often.