Location, location, location! This prime beach lot offers an incredible opportunity to build your dream income property, just 1 block from the beach. Situated in a desirable area with RM-2 duplex/multi-family zoning, this property is ready for your vision to take shape. The existing home was affected by flooding but this beautiful lot presents an opportunity for renovation or redevelopment. Recreate a beautiful single-family home, or build a stunning duplex/multi-family dwelling or income-producing property. The FEMA/WLM letter for this property allows for up to $105,426 for the 50% rule limits. Gas for stove and dryer hook up already in place through Clearwater Gas. Whether you choose to restore the current structure or start fresh, the real value is in the land, existing pool, utilities, and proximity to the beach with 2 nearby crosswalks. The lot features a PebbleTec pool with a spacious pavered deck, perfect for entertaining or relaxing in the sun. The pavered driveway adds to the appeal, offering easy access and plenty of space for parking. The current structure has many desirable & salvageable features from recently completed remodel including impact windows, upper cabinets, light fixtures, shower features, and ceiling fans. Indian Rocks Beach is a high-demand beach town with a “small town” feel. Whether you’re looking to build a brand new duplex, luxury vacation rentals, or a custom home with a rental unit, the possibilities are endless! Don’t miss out on the chance to capitalize on one of the most coveted areas for coastal living. Let’s turn this opportunity into your dream property!