Extremely rare waterfront fixer-upper gem in one of the most desirable and rapidly appreciating corners of Lake Tarpon. The seller's surprise relocation gives you the rare chance to snatch up this 4 bed, 3 bath luxury two-floor home on a lushly landscaped .42-acre lot with 150 feet of seawalled water frontage at the lowest price per sq ft in the area. Gutted down to the studs and ready for your vision, this home offers excellent opportunity for investors and savvy owner-occupants alike. So what makes this one so special? 1) Direct canal access to Lake Tarpon, with 150 ft of water frontage and seawall already in place. 2) Oversized .42-acre lot, with plenty of room for toys and boats, hosting, and potential future enhancements. 3) Massive 2-car garage providing ample extra storage space. 4) Huge back patio area with sliding glass doors, inviting you to unwind and savor peaceful evenings surrounded by nature. 5) 4 bedrooms and 3 bathrooms including a spacious upstairs master suite with walk-in closet and private bath. 6) Expansive family room with open-concept layout downstairs. 7) Large modern windows throughout providing an abundance of natural light and beautiful views. 8) Lush natural landscaping with mature palms and flowering trees in a serene tropical setting. 9) Prime location near schools, parks, restaurants, shopping, golf courses, and Tampa International Airport. Whether you're looking for your next flip, a long-term hold, or the perfect opportunity to design your dream waterfront home, this property offers unbeatable value and lifestyle potential in Palm Harbor. Easy to show. No HOA/CDD. Feel free to soft pitch before writing anything up. Ask me anything, big or small. If this is “NOT ON MY MLS,” disclosures and MLS info sheets are available. No assignable contracts accepted.