Located in the heart of highly sought-after Bayshore Beautiful, this exceptional South Tampa property offers a rare opportunity to build a custom luxury home just steps from iconic Bayshore Boulevard. Located within the highly desirable Roosevelt Elementary, Coleman Middle, and Plant High School districts. Situated on a picturesque tree-lined cobblestone street surrounded by multi-million dollar homes, the value here is truly in the land, location, and redevelopment potential. The property features a 9,477 sq ft lot (81x117) with endless possibilities for new construction. A major advantage for builders and developers: there are no protected oak trees on the property, allowing significantly more flexibility with site planning, design, and construction. The existing home is a 4-bedroom, 2-bath residence that is currently livable but would benefit from renovation and updating. The upstairs level features a private primary suite complete with a walk-in closet, separate his-and-hers closets, and an en-suite bath with a soaking tub and separate glass shower. Downstairs are three additional bedrooms. The kitchen is separate from the main living areas and does not feature today's open-concept design; however, the dining and living spaces flow together and open to a large screened porch overlooking the backyard. Additional features include a detached two-car garage, paver patio areas, and turf in both the front and rear yards. While the existing home is livable, the true value of this property lies in the exceptional lot, premier location, and opportunity to create a custom luxury residence in one of South Tampa's most desirable neighborhoods. Sold AS IS. Enjoy all the perks of South Tampa living just moments from Bayshore's waterfront walking and biking trail, Hyde Park Village, Palma Ceia, Downtown Tampa, Tampa General Hospital, boutique shopping, award-winning restaurants, parks, and marinas. Included with the listing are stunning luxury architectural concept renderings showcasing multiple potential design directions. Renderings shown are conceptual only and intended to illustrate potential future build possibilities.Buyers should independently verify all zoning, permitting, building requirements, lot dimensions, and development feasibility.Even better, the property did not flood during Hurricanes Helene or Milton in 2024.