This property is being offered primarily for land value and presents an exceptional opportunity for builders, investors, or buyers seeking a premier waterfront lot. Situated directly on the tranquil waters of Turnbull Bay, this deep waterfront homesite offers direct water access with a quick route to the Intracoastal Waterway via the Rose Bay Bridge. The lot extends approximately 250 feet in depth, providing ample space to design and build a custom waterfront residence or to undertake a major renovation. The existing circa-1950s structure is considered a fixer and is being sold AS-IS, with no repairs to be made by the seller. This setting is ideal for buyers focused on waterfront land value, privacy, and long-term potential rather than the current improvements. Surrounded by natural beauty and tucked away along a quiet stretch of Turnbull Bay, the property offers panoramic water views, excellent boating and fishing access, and a true Old Florida coastal environment. Opportunities to acquire direct Turnbull Bay waterfront lots of this size and depth are increasingly rare. Whether redeveloped or substantially renovated, this property represents a unique chance to secure a highly desirable waterfront location with significant upside.