Under contract-accepting backup offers. Rare find on Lewis Island in the heart of Coquina Key. This concrete block 4-bedroom, 2-bathroom pool home sits on an oversized 16,710 square foot lot and carries the FEMA Flood Zone X designation, zero mandatory flood insurance required. In a neighborhood where nearby properties carry $5,000 to $12,000 in annual flood insurance costs, this property is completely exempt. That exemption represents substantial long-term savings for the future owner. The major mechanical systems are already addressed (roof replaced in 2017, HVAC replaced in 2022), leaving the future owner free to personalize the interior to their own vision. Comparable 4-bedroom homes in this immediate area have closed between $550,000 and $672,000 in the last six months. Updated properties on 58th Avenue South recently sold at $550,000 and $600,000. This property represents a substantial equity position for any buyer willing to invest in cosmetic renovation. Features include an in-ground pool, 2-car garage, and one of the largest lots in the neighborhood. Located minutes from downtown St. Petersburg, waterfront dining, Lassing Park, and the vibrant arts and dining corridor of Central Avenue. Property stayed completely dry during recent hurricane seasons. No flood damage history. Sold strictly as-is.