This waterfront retreat is nestled in the sought after community of Sleepy Lagoon, offering direct access to a deep water saltwater canal. While the home has recently experienced flood damage, it presents a fantastic opportunity for those with a vision to restore it to its former glory. This single story home features 3 spacious bedrooms, and 2 bathrooms. The primary bedroom, which is elevated with a private balcony overlooking the heated pool, boat dock, and canal, offers serene views and abundant natural light. The property sits less than 700 feet from the Intracoastal/Bay, offering prime coastal living in an unbeatable location. The open floor plan, ideal for indoor/outdoor living and entertaining, boasts a bonus room above the primary suite, perfect for an office or den. For boating enthusiasts, the home has a concrete sea wall along the canal and a composite boat dock with a boat lift, water, and electric service.