Take advantage of this RARE CHANCE to build your dream home on a spacious, nearly half acre lot in one of only two gated communities in Northeast St. PetersburgPlacido Bayou. This exclusive, guard gated neighborhood offers a tranquil lifestyle with scenic lakes, walking and running paths, and mature trees that provide natural beauty and shade. Twelve tall palm trees add significant ambiance to the property. Ideally located just minutes from downtown St. Petersburgs vibrant waterfront, you'll enjoy world class dining, boutique shopping, art galleries, museums, and more. The community is close to top rated schools, stunning beaches, airports, and premier golf courses. Plus, the St. Petersburg Racquet Club is right at the entrance, offering top notch tennis and pickleball facilities. Dont miss this rare opportunity to build your custom home in one of St. Petes most sought after and secure neighborhoodsPlacido Bayou. Tours of the lot can be scheduled; however, the house has sustained significant fire damage and is uninhabitable. Seller has obtained demolition permit from the city and is under contract to have the work performed.