Here's your chance to own 100 feet of waterfront on Perdido Bay at a price that leaves room to make this home your own! Whether you're searching for a waterfront home you can renovate to your taste, or you're a builder/investor looking for your next transformation, this property offers the location, space and features that are hard to recreate. Located on approximately half an acre in gated Innerarity Island, this spacious home is all about the water. Beautiful bay views can be enjoyed from almost every room in the house. Step outside to the screened pool and covered porch, where you can relax overlooking the bay, watch herons along the seawall and enjoy the coastal lifestyle right from your backyard. Inside, the home offers an excellent foundation. The great room features a cathedral ceiling, fireplace and tile flooring, while the primary suite includes two walk-in closets, dual vanities, a soaking tub and separate tiled shower. On the opposite side of the home are two additional bedrooms plus two flex spaces, creating plenty of possibilities for an office, game room, additional sleeping space or redesigned floor plan. One bedroom opens directly to the pool deck, making it an especially appealing option for a guest suite or private secondary living space. The big-ticket improvements and extras make this opportunity even more attractive: 2024 roof, 2022 HVAC, 2022 pool liner, brand-new pool pump, whole-house generator, hurricane shutters, gas appliances, granite countertops, tile flooring, water softener, outdoor gas grill, outdoor shower, fireplace, Ring doorbell and a spacious two-car garage. And the lifestyle extends beyond your backyard. The Innerarity Island community offers a nearby waterfront park with dock and pickleball court, neighborhood events and more than 100 acres of conservation land. The waterfront. The views. The pool. The lot. The major improvements. They're waiting for.