Under contract-accepting backup offers. Incredible Investment Opportunity! for investors, builders, and developers, this generous 120x60 corner lot is zoned RM1 (2 units), offering endless possibilities. Build your dream home while living in the elevated existing home, or take advantage of the space to construct a duplex. The property is located just one block from the pristine, white sands of Indian Rocks Beach. While the lot previously had two homes, one was removed after storm damage at the seller’s expense, leaving a prime space to develop. The remaining elevated home endured recent storms without issue and is move-in ready. Inside, you'll find an open floor plan with an updated kitchen featuring stainless steel appliances, granite countertops, and a breakfast bar. Step outside to enjoy your morning coffee on the spacious screened-in porch. The large bedroom is bright and airy, and the updated bathroom includes a tub/shower combo with granite counters. Covered parking is available under the carport, with additional parking in the driveway. A convenient laundry closet and extra storage are located in the carport area. The roof was replaced in 2020 for peace of mind. Walk to local shops and restaurants, and easily access the stunning beaches, all while being just a short drive to Tampa, St. Petersburg, and the nearby airports. Plus, enjoy proximity to some of the best golf courses in Pinellas County. The home is being sold furnished, so it’s ready for you to move in or rent out immediately.