Welcome to a boater's paradise in the charming Bay Colony community! This newly updated waterfront home offers the perfect blend of modern elegance and timeless charm. Built in 1965, this 2-bedroom, 2-bath gem spans 1,519 sq. ft. and sits directly on a deep-water canal with no bridges to Terra Ceia Bay—providing direct access to the Gulf of Mexico right outside your door. This gorgeous home features a 7500 lb. double boat lift, ideal for two boats or a pontoon, and a 22 ft. boat dock that can be replaced or modified to suit your needs. The expansive back patio overlooks the canal, offering a peaceful setting for morning coffee or evening cocktails. There is 220V plug ready for a hot tub. Inside, the home has been tastefully completely updated in the last 6 months, with brand-new white cabinets and white quartz countertops, complemented by top-quality stainless-steel appliances. The classic terrazzo floors maintain the home's original character, while an upgraded bathroom adds a touch of luxury. Recent major updates include a new roof and A/C, a new hot water heater, and a new irrigation pump. Large storage room, with canal view has endless opportunities for office space, storage, whatever your needs are. Hurricane shutters are included. Investors, take note: with no HOA fees, and no rental or pet restrictions, this home offers flexibility and freedom, a perfect setting for an Airbnb. Conveniently located just off US 275 and I-75 near the Skyway Bridge, you'll have easy access to St. Petersburg and Tampa. Don't miss this rare opportunity to live the coastal lifestyle— schedule your private showing today!