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This expansive waterfront lot, located in the best neighborhood in the world, Riviera Bay, offers nearly 200 feet of prime waterfront, making it one of the best waterfront properties in all of St. Petersburg! Recently, two nearby lots with less waterfront sold for $1,250,000, highlighting the incredible value of this opportunity. Yes, the current home was affected by Hurricane Helene, but all architectural drawings and necessary bids have already been completed. The plans are now awaiting approval, giving you the flexibility to either build your dream home from the ground up or move forward with the plans to raise the existing structure. This property comes with a brand-new pool, multiple tiki huts for outdoor entertaining, and two boat lifts, offering ample space for all your waterfront toys. Set in the vibrant Riviera Bay community, you'll enjoy a lifestyle rich with amenities, including a community boat ramp, parks, golf cart parades, the iconic Christmas Eve boat parade, and streets beautifully lined with American flags during the 4th of July and special weekends. This is a rare chance to own a spectacular waterfront lot in a community where "It's always a great day in Riviera Bay!"