Under contract-accepting backup offers. Your Waterfront Opportunity on Anna Maria Island! This 3-bedroom, 2-bathroom waterfront home on a nearly 10,000 square foot lot offers endless possibilities to create your perfect island retreat in the highly sought after neighborhood of Key Royale. This home sustained flooding from Hurrican Helene and was fully remediated. The home which has 2,226 square feet of living space, is a blank slate awaiting your personal touch and design vision. Inside, you'll find a split-bedroom layout featuring two en-suite bedrooms with walk in closets, and a sunlit Florida room that adds versatile space for year-round enjoyment. The home also includes a laundry room inside the home and a 2 car garage. The central heat and air was installed in 2022 and the hot water heater installed in 2024. Outside, the home boasts a canal-front backyard and a screened porch perfect for relaxing or entertaining. Located in the highly sought-after Key Royale neighborhood, this property offers access to a private 9-hole golf course and clubhouse with membership options. Enjoy the convenience of a short golf cart ride to sandy beaches of Anna Maria Island, local shopping, and restaurants. With nearly a quarter of an acre, this property provides ample space for a custom new build or a remodel to suit your lifestyle. Whether you're dreaming of a modern island escape or a traditional coastal retreat, the options are yours! Start imagining your waterfront dream home today!