Under contract-accepting backup offers. Lemon Bay. Experience breathtaking panoramic Bay views and the ultimate Florida coastal lifestyle from this exceptional waterfront retreat. From sunrise coffee on the expansive balcony to sunset boat rides near your backyard, this remarkable residence captures the magic of Bayfront living. Originally built on ground level and later thoughtfully upgraded, the lower level has been completely renovated with flood-resistant interior walls and automatic flood vents, providing peace of mind and durability. All doors, windows, and sliding glass doors are impact-rated. This level features an oversized garage that accommodates two large vehicles, plus tandem space for a third, along with a workshop area that could easily be converted into additional living space or a guest bedroom. In 2017, an entirely new second story was constructed, creating the primary living area designed to maximize the stunning bay views. The bright, open floor plan features a beautiful gourmet kitchen with stainless steel appliances, quartz countertops, a large island, and custom-built wood cabinetry that seamlessly flows into the dining and living areas. Expansive windows and sliding doors, also impact-rated, frame the magnificent water views and lead to an impressive, covered balcony stretching across the back of the home, a place to relax or entertain while overlooking the Bay. Three spacious bedrooms and two baths, including a serene primary suite with sweeping water views, complete the upstairs, along with a large laundry room with abundant cabinetry for exceptional storage and convenience. An elevator shaft has been roughed in, allowing for easy installation if desired. This amazing property features impact-rated windows and doors, a metal roof, a whole-house water filtration system and tile flooring throughout, among other highlights. Expansive sliding glass doors open to a large, covered balcony overlooking the sparkling saltwater pool and endless water views of the wide-open bay, creating the ideal setting for relaxing or entertaining while enjoying the coastal breeze and amazing sunsets. Boating enthusiasts will love the concrete seawall and existing boat-lift infrastructure with water and electric in place, while the remaining lift components provide a foundation to restore a custom dock and enjoy life on the water. With its elevated modern construction, flexible living spaces, stunning water views and private pool overlooking the Bay, this exceptional property offers the rare opportunity to enjoy the best of Florida waterfront living.