Does inflation have you feeling down and out? Well, here is your opportunity to snag this deep-water canal home in coveted Bay Colony. This is the perfect spot to moor your large vessel and know it's protected. Don't worry about any bridges to get in the way as you sail out to the Gulf of Mexico. This spacious 2 bedroom and 2 bathroom home is a diamond in the rough that offers endless possibilities with its generous square footage and desirable location. Bring your vision and sweat equity to transform this property into a stunning masterpiece that will shine in the neighborhood. The seawall was just updated in 2023 and the roof was last replaced in 2010. The split floorplan is ideal and the current formal dining area could be converted to a 3rd bedroom if desired. The large living area as well as the Florida room offers wonderful views of the water. The screened lanai is also of ample size and the lot would be able to accommodate your dream backyard. The home does have an interior laundry room as well as a two car garage and circular driveway. The non deed restricted neighborhood of Bay Colony allows you more flexibility and freedom on your lot. Shopping, restaurants, US-41, US-301, I-275, I-75, and US-19 are just minutes away. Hurry and put this one on your list today so that you can finally have your everlasting diamond!