Attention cash buyers and investors! Incredible opportunity awaits in the beautiful waterfront area of Freeport, Long Island. This property, situated in a prime location, offers stunning water views. While the current structure on the lot requires demolition to meet FEMA standards, we come bearing good news - the hard part is already taken care of. Included in this unique deal are meticulously crafted plans for a brand-new home that not only complies with FEMA regulations but also maximizes the potential of this picturesque waterfront setting. The future dwelling is designed to capitalize on the stunning views, providing you with a home that blends luxury and functionality. This is an exclusive offering for cash buyers and savvy investors, as traditional mortgage options won't apply. Seize the opportunity to rebuild and customize a dream home in a location that promises both tranquility and investment potential.