Experience true Florida coastal living in this stunning 2-story Key West–style elevated home, perfectly positioned on Lemon Bay with breathtaking open-water views. Built on concrete pilings and situated on an oversized lot, this waterfront retreat offers a private beach, private pier, and a resort-style pool—ideal for enjoying sunsets and the laid-back Englewood lifestyle. The home features a brand-new roof and is designed for convenience with the option to install a private elevator if desired. Adding exceptional value and flexibility is a detached 1-story bungalow with 1 bedroom and 1 bath, perfect for guests, extended family, or rental potential. A rare opportunity to own a unique waterfront compound with direct access on Lemon Bay and unparalleled views. There are 6 bungalows in front of the property that also are Bank Foreclosed- Together it used to be Englewood lighthouse resort. This would make a fantastic investment opportunity.