Under contract-accepting backup offers. This exquisite Spanish-Mediterranean estate offers a world of potential. Whether you’re looking to renovate the existing home to reflect your personal style or build your dream residence, the 80x181 lot is the perfect canvas. Located on a deepwater canal in the coveted Beach Park neighborhood, one of South Tampa’s most prestigious waterfront enclaves, this property offers unparalleled beauty and location. As you enter through the gated entrance, you're greeted by a sense of grandeur, with mature oak trees framing the property in timeless elegance. The two-story home boasts 4,707 square feet of heated living space, featuring four spacious bedrooms and five well-appointed bathrooms. Designed with entertaining in mind, the expansive kitchen and adjoining family room offer ample space for gathering, while the grand living room with its soaring two-story ceilings and impressive fireplace makes a striking statement. Natural light pours into the home through six sets of French doors on the first floor, enhancing the open, airy feel. Practical features like two dedicated laundry areas—one large room downstairs and a stackable closet upstairs—add convenience to daily living. Step outside and into your own Mediterranean oasis. Relax on the vast stone-paved patio, take a dip in the oversized heated pool, or hop aboard your boat from the private dock, enjoying direct access to the tranquil canal that leads to Culbreath Bayou and the bay beyond. This exceptional home is within the highly regarded A-rated Grady-Coleman-Plant school district, and is ideally located near Tampa International Airport, International Plaza, and an array of fine dining and shopping options.