Rare Investment opportunity or the perfect location to build your own luxury waterfront estate! This location has it all. Property has 200 feet of bay frontage that includes .84 acres of dry buildable land with 1.78 acres of submerged land included in the deed. Zoning verification letter dated March 16, 2023 confirms that the property can be divided once into two lots. A channel runs along the shore and out to the intercostal waterway providing deeper water access. Enjoy spectacular views day and night looking out across Gasparilla Sound to Little Gasparilla Island. The sunsets are breathtaking! Fish from your own back yard or take your boat and within minutes be in some of the best back country fishing you will find anywhere. Run the other direction a short distance through Gasparilla Pass for direct access to the Gulf of Mexico. Encounter miles of pristine white sandy beaches and World Class Tarpon fishing. Convenient location, grocery store, shopping, post office, gas station and marina all within 1 ½ miles. Boca Grande Causeway and public boat ramp is just ½ mile away. Downtown Boca Grande is a short 6 ½ mile drive. There you can enjoy excellent restaurants and quaint shops and beach!