Welcome to 1962 Hawaii Ave NE – a rare chance to create your dream home in one of the most desirable waterfront neighborhoods in St. Petersburg. Situated on a spacious 10,224sqft lot with 91 linear feet of waterfront, this property offers direct access to open water with no fixed bridges – a boater’s dream! The canals allow for sailboats and power boaters or both. Vinyl seawall was last replaced in 2004 by a local reputable company. Seller had it recently inspected and the report came back clean, report is available. This side of Venetian Isles is more desired - enjoy the morning sun and skip the afternoon heat. The existing 2,180sqft home features 4 beds, 3 full baths, solid bones and an in-ground pool, ready for your vision and renovation touch. Home was affected by flooding from Hurricane Helene - the only time the house has ever flooded in the 34 years the seller has lived there. Whether you're looking to restore, expand, or rebuild, this is the ideal canvas in an unbeatable location. Located on one of the best streets in the area, you'll enjoy peaceful surroundings, upscale homes, and the unbeatable Florida lifestyle. 50% of owners in the neighborhood are rebuilding, according to the HOA board, making it less competitive and more desirable for a luxury waterfront buyer looking to buy a new build. Only 15 minutes away to downtown St. Pete and close enough to catch a flight at TPA in 25 minutes. Buyers to verify setbacks and square footage. Buyers to do due diligence on FEMA 49% rule and renovating flooded properties. Waterfront properties with this much potential and flexibility are hard to find – don’t miss your chance to invest in a premier piece of paradise.