4603 OSPREY DRIVE S NATURE LOVERS PARADISE! DON'T MISS YOUR OPPORTUNITY TO ACQUIRE TWO ELEVATED HOMES ON A SECLUDED AND PRIVATE 3.9 ACRE PARCEL SOLD AS A PACKAGE! Fenced, with GATED ACCESS, enjoy endless sunsets and tons of sandy shoreline! Soak up the old Florida feel in the heart of St. Pete, just minutes from Ft DeSoto, Isla Del Sol Yacht and Country Club, and St Pete Beach, this property is a RARE find! Live in one home while renting the other for additional income, or rent both for the ultimate investment property. NO FLOODING OR DAMAGE FROM HURRICANE MILTON OR HELENE! Enjoy the living shoreline, for fishing, birdwatching, bait fish, and a variety of mussels, conchs and sea grasses as your backyard lagoon. 400+ FEET OF SHORELINE! For boaters, there's a DOCK WITH LIFT, permitted for additional 3-point mooring for a larger vessel. The original cedar-sided home underwent a 2003 addition for the primary bedroom, primary bath, remodel of 2nd bathroom and 2 bedrooms. Other updates include a NEW HVAC in 2021, New asphalt roof, and a new water heater in 2023, plus 2nd floor cedar siding in 2020. The 2nd 2BR/2BA home has a separate property address and tax ID to take advantage of rental benefits or additional living space, with waterfront dock access, updated bathrooms and kitchen in 2018, newer whole house PEX plumbing, updated electrical panel and service, and a new tankless water heater in 2024. This home also features a 2-car garage, boatyard space for 2 boats, and work area. The expansive 0.9 acre lot this home sits on allows for additional buildout as desired, NPUD-1 Zoning development with a 2-property replat. The entire 3.9 Acre property abuts state property to the south and the Dolphin Cay gated community to the north. Access is through the 24 hr. security gate at the Dolphin Cay entrance (not a part of the community and no HOA!). The Pinellas Trail runs along the Bayway for easy biking access to the beaches and beyond! Local attractions are all within a few minutes drive. Be the 3rd owner of this remarkable property and all it has to offer!