This exceptional waterfront lot in the heart of Treasure Island offers a rare blend of lifestyle, location, and investment potential. Zoned for multifamily residential use with the ability to build up to five units with current zoning, it's the perfect canvas for a luxury townhome project, boutique rental property, or high-end vacation retreat. Situated on a peaceful canal with direct boating access and no fixed bridges to the Gulf, this lot provides stunning water views and a true boater's paradise. Not to mention it is just a short walk from some of Florida's finest sugar-sand beaches-ranked among the best in the United States-you'll also find an array of popular restaurants, beach bars, and shops just steps from your future doorstep. Whether for full-time residents or vacationers, this area offers a walkable, coastal lifestyle that's hard to match. Convenience is another major draw. The property is just 30 minutes from Tampa International Airport and only 15 minutes from downtown St. Petersburg, where you'll find professional sports, vibrant nightlife, art galleries, and a dynamic culinary scene. With its unmatched location, flexible zoning, and strong demand for coastal living, this Treasure Island lot presents an outstanding opportunity for developers or visionary buyers to create something truly special. Opportunities like this don't come around often-schedule a visit today and start planning your next great project on Florida's Gulf Coast.