327 87TH AVENUE N Opportunity knocks TWICE! LIVE in this beautifully redone home while LAND-banking waterfront at today's prices! Yours to enjoy, Mid-Century Modern waterfront home on one of the most sought-after waterfront locations in Riviera Bay. All the while, you are building equity in Waterfront Land value! Take your time, design that dream home, it's yours to build on your timeline :) Meanwhile, move in this open plan home with stunning views of the water from the kitchen, living room, dining room and master bedroom through the large sliding glass doors and expansive windows. And there are two covered porches for relaxing and outdoor gathering. Inside, you will find a split plan layout. The primary suite has its own central AC unit for night time comfort. The primary bath is newly updated while still retaining its vintage charm. There are two large closets. The walk-in closet is cedar lined and the second primary closet has built-in drawers. Bedrooms 2 and 3 are both nice and big and can easily be furnished with queen size beds. In the center of the home, you will find an open living and gathering space. The kitchen has a large multi-level island with lots of storage space on both sides. Both the kitchen and living room have a 10 1/2 foot cathedral ceiling with transom windows at the top. In the large laundry room, you will find front loader washer and dryer and laundry sink. There is a lot of counter and cabinet space. Home features include: Custom solid wood kitchen cabinets Cathedral ceiling Split plan layout New roof Dual central AC units (2015, 2022) New water heater (Mar 2023) New refrigerator and dishwasher (Sep 2023) Large back yard 10, 000 pound boat lift with remote controller Assumable Flood Insurance policy There is a one car carport, but behind the garage door you will find a 12 x 10 workshop space that can also be a motorcycle or golf cart garage. It has a built in work bench with peg board and shelves on one side. There are also 3 large wall cabinets. In the front yard there is a mature Florida Avocado tree that produces the most delicious fruit from August through October. The spacious lot is located on Sunlit Cove and is part of the Riviera Bay neighborhood. Sunlit Cove is a natural 700 foot diameter cove that is home to manatees, snook, exotic birds, and is also visited by dolphin. It is wider than any canal in all of Riveria Bay. (All of the wildlife photos that you see here were taken by the owners in the backyard of this property). From your own dock, enjoy fishing, paddleboarding, canoeing and swimming. And for you boaters, there is a 9, 000 pound boat lift. From your backyard, by boat, it is a scenic half hour ride to Tampa Bay. The location of this property is ideal. You will be 15 minutes from downtown St. Petersburg which is full of amazing restaurants and shops, not to mention the new Pier. Also, you will only be 15 minutes from Tampa International Airport and only 22 minutes to beautiful St. Pete Beach. Riviera Bay has a new park that is a 15 minute walk (1 mile) away. There are walking trails, outdoor exercise equipment, tennis and basketball courts, playground and pavilions for parties. The neighborhood has many community events. Most well known is the annual Christmas Eve boat parade. You can sit on your dock and watch it because it comes right through the cove every year.