Under contract-accepting backup offers. Direct waterfront on serene Butterfly Lake, with 65 feet of water frontage, and brand new dock and 10k lb lift! Flood damaged home, selling for approximate land value, on an amazing lot! Welcome to beautiful Northeast St. Petersburg! This three bedroom, two bath home has a spacious split plan layout. The primary suite has sliders leading to the patio, allowing a perfect view of the water. Light and bright entryway and living room in the front, and a huge great room in the back, overlooking the patio, yard, and lake. The large screened in rear-porch is perfect for enjoying waterfront breezes. The spacious back yard is partially fenced. The perfect spot for greeting the delightful and ever-present manatees, dolphins, fish, and birds. Enjoy adventures on your paddleboard, canoe, or kayak. Or, enjoy daily boat rides with easy access to Tampa Bay waterways! Great bones, and new roof in 2022. Located only 25 minutes from Tampa Airport, 10 minutes from St. Pete's new Pier, and 20 minutes from award winning sugar sand beaches. This home is close to all of the excellent schools, parks, restaurants, shops, museums, golf courses, and nightlife that vibrant St. Pete offers. Steps away, you'll find a brand new community recreation center, offering sports, classes, a pool, a playground, and more. Water damage from recent storms affected this home, and it has been remediated, but not restored to its previous condition. This is your opportunity to put your own touches on a fabulous property. Call for your private showing today!