Boasting 140 feet of direct frontage on the Intracoastal Waterway with dockage, this DOUBLE-LOT spectacular property, located in Treasure Island, offers an incredible opportunity to build your dream home on Isle of Capri. Perfect for a builder, investor, or end-user desiring to build their dream home Whether you choose to start fresh with new construction or renovate, this double lot with about .4 acre is perfectly positioned on a tropical street, with magnificent wide water views and sunrise views. Sun, fun and a relaxed island lifestyle await in this incredible waterfront home. Located on a large deep-water canal front, it is just about a one-mile walk to Treasure Island famous powder-white sand beaches, or a short, easy boat ride to the Gulf of Mexico through John's Pass, this home exudes island vibe. Casual, relaxed, and built for entertaining, this home features four spacious bedrooms and four bathrooms, formal living and dining rooms with new floors, spacious family room with polished travertine floors, neutral finishes and large banks of windows and doors to let the outside in creating the ideal Florida lifestyle. The great room features a fireplace and sliding glass doors that open to a spacious patio outside with lanai, pool, and large backyard. Dine al fresco while enjoying the Florida wildlife. Beyond the lanai, is a boat dock for all your water adventures. Boat, kayak, or paddleboard from the boat dock or relax at the end of the day by the amazing pool and large backyard, boasting calming long, panoramic water views. Exterior highlights include an oversized two-car garage, paver driveway and paved walkways. Don't miss an amazing opportunity to completely renovate or build your new dream home and make this your own charming island sanctuary. Treasure Island Highlights: Wide Sandy Gulf Beaches with several public parking lots, Publix, Walgreens, Ace Hardware, US Post office, world-class beach resorts, shopping, plenty of restaurants with boat access, and more. DON'T MISS THIS RARE OPPORTUNITY!