4739 BAYWOOD POINT DRIVE S *This property sustained hurricane damage and is being sold AS-IS.* Prime opportunity in one of St. Pete's most sought-after areas! This 5-bedroom, 3.5-bathroom home is currently set up as a 4-bedroom, 2.5-bathroom with an attached 1-bedroom, 1-bathroom studio apartment/in-law quarters, complete with a separate entrance and a tenant in place. The property offers multiple possibilities: keep it as-is and enjoy the steady income, add another 1-bedroom, 1-bathroom apartment to create a 3-bedroom, 2-bathroom layout, open up the walls for a spacious 5-bedroom, 3.5-bathroom home or tear it down and build up to enjoy the gorgeous water views. Nestled near downtown Gulfport, close to the Gulfport Marina, Mariners Cove Marina, Boca Ciega Bay Yacht Club, and Clam Bayou Nature Park, this location is perfect for those who love the outdoors. Just a mile from a golf course and only 5 miles from downtown St. Pete, this property is truly a rare find. Hurry and make your appointment to see this versatile property today!