DIRECT WATERFRONT OPPORTUNITY IN LONGBOAT KEY! Active flood claim and approximately $20,000 in bookings in the first 3 months of 2025! Here's your rare chance to own a waterfront property with direct access to the Intercoastal Waterway and a private boat dock! Perfectly located for vacation rentals, this canal-front 1-bedroom, 1-bathroom end unit offers incredible potential for income, especially with high demand bookings from January to April. This property boasts 21 feet of water frontage, suitable for an elevator lift, a private dock, and a newly installed seawall (June 2021). Enjoy the Florida lifestyle with easy access to boating, kayaking, and fishing. Additional outdoor amenities include a paver patio with extended walking space on three sides and a convenient shed for extra storage. Inside, the unit has been recently upgraded with a new metal roof (2023), hurricane-resistant windows, a newly renovated bathroom featuring glass shower doors with a soap-scum resistant coating, and a sleek floating sink (2024). Plus, it offers the convenience of in-unit laundry and a new hot water heater (2024). Just steps away from a private beach access, kayak launch, and deeded beach entry. The property also has direct access to the scenic Joan M. Durante Park, with 32 acres of walking trails, gardens, recreational areas, and breathtaking Sarasota Bay views. Take a short walk to top-rated restaurants, shops, a deli, bike and kayak rentals, and more. Plus, you're just a short drive to St. Armands Circle and Anna Maria Island! This property comes with existing vacation rental bookings that must be honored by the new owner. Take advantage of the savings--this is the most economical waterfront poroperty you'll find in all of Longboat Key!