MAJOR PRICE REDUCTION!! Waterfront Gem Steps to St. Armands, Lido Beach & the Future St. Regis | 7 Day Rentals Allowed. | Full Gulf Access | Boatable This rare waterfront opportunity offers 87 feet on the wide section of Pansy Lagoon with a reverse pie shaped lot that widens to approximately 152 feet deep, creating an ideal private backyard oasis. With Privacy walls surrounding the property you have all you need in water, sun and fun! Just a short walk to world famous Lido Beach, the vibrant dining and shopping of St. Armands Circle, and the soon to open St. Regis Resort, this location is one of Sarasotas most coveted. With 7 day rental eligibility, its perfect as a luxury retreat or income producing investment. The home has been professionally remediated after storm related water intrusion and taken down to the studsThe rebuilding is ongoing with expected completion date of mid June! Major updates include a new ductwork, Drywall in, updated electrical, and brand new pool equipment in 2025. The roof, windows, exterior stucco, and seawall were replaced in 2018, along with a new dock that simply needs to be reset. Electric hurricane shutters, remote privacy screens, and hurricane rated shades were also added in 2018 for peace of mind. Picture yourself floating in the pool while dolphins play in the lagoon, then heading out on foot to enjoy award winning restaurants like Columbia, Shore, Caf LEurope, and Crab & Fin. If you love to travel by boat head out to Marina Jack's, Dry Dock or Mar Vista just a short boat ride away! This property and area allow only private boat traffic. With incredible walkability, significant updates, and rental flexibility, this property offers unmatched potential in one of Sarasotas most desirable waterfront neighborhoods.