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Welcome to an exceptional opportunity to own nearly ONE ACRE of paradise nestled along the HILLSBOROUGH RIVER, featuring approximately 222ft (MOL) of waterfront! Explore the potential for future development! This property offers a variety of possibilities for the discerning buyer. You could opt to retain the lot in its current state and revamp the existing home, or embark on the creation of a stunning, custom-designed residence with panoramic river views. The property could also offer the opportunity for the new owner to pursue options such as lot splitting or rezoning, subject to city approval. Should the new owner opt to subdivide the lot into two, this presents the opportunity to build two distinct homes. Additionally, there's the potential for rezoning and repurposing the property for multiple units. Interested buyers should conduct their own due diligence and follow city procedures for any desired changes. Nestled on this expansive lot, adorned with mature trees, is a serene 2-bedroom, 2-bath retreat. Ensconced in privacy, this sanctuary offers a tranquil escape from the hustle and bustle of city life. Step outside to immerse yourself in the sprawling outdoors, ideal for relaxation and introspection. With the property extending to the waterfront, endless outdoor adventures await. Consider your enjoyment with this waterfront lifestyle providing unparalleled access to the Hillsborough River and a gateway to Tampa Bay and the Gulf of Mexico! Experience the allure of secluded living while remaining just moments away from Tampa's vibrant shopping and dining scene. Located a mere 14 minutes from Armature Works and Downtown Tampa, Tampa General Hospital, and just 5 minutes from the interstate, shopping, and renowned restaurants, this property offers the perfect blend of tranquility and convenience. This isn't simply a home; it's a celebration of authentic Florida living. Please note that the current owner has a survey of the lot and in addition, has two surveys displaying the proposed two lots. The surveys have not been submitted to the Formal Decision Department but according to the department this property meets the lot size qualifications to apply for a Formal Decision for a lot split. As long as the lot meets the following: :The current RS-50 lot is 10,000sqft or more with a width of 100ft or more. When the lot is split the two new lots must be a minimum of 5,000sqft or more with a width of 50ft or more.