Calling all boaters! Rare opportunity to own a waterfront property situated on a protected canal within minutes from John's Pass and the Gulf of Mexico. This cozy beach bungalow nestled on a 45'x150' lot has been a family treasure for generations. Located in the Coney Island neighborhood of Treasure Island, you get the best of all worlds; peace and serenity of quintessential old Florida charm, deep water, proximity to the beach, and a short walk to a variety of shops, restaurants, and entertainment. The cottage consists of 1 bedroom, 1 bath, a family/living room open to kitchen with granite countertops, plus bonus room/office/den; a walk-in closet, and exterior shed. The detached 1 car garage can be used as a workshop or for storage of car, golf cart, or boating & beach essentials. Just outside the back door, you can relax and watch dolphins and boats cruise by from the comforts of your private custom built thatched roof Tiki hut. The backyard offers flexibility and space for a pool, outdoor activities such as a game of volleyball, or playing fetch with your 4-legged friends! Fish off the dock or head offshore with quick unobstructed access to the Gulf of Mexico. An 8,000 lb lift and a wet slip provide dockage for multiple vessels. This property is conveniently situated with easy access to downtown St. Petersburg, Clearwater, Tampa, and destinations south of the Skyway. Only 40 minutes to Tampa Intl Airport. You will be hard pressed to find another property with this charm, location, and value. Don't miss this amazing investment opportunity for immediate rental income, or to build your next dream home, or to just enjoy simple island-style life as it once was!