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A truly rare opportunity to build a custom waterfront home in a resident owned 55+ cooperative community tucked along the tranquil waters of Tarpon Bayou, offering direct Gulf access with no fixed bridges. This vacant, build ready waterfront lot includes a 30 foot private boat slip (a significant included value) and utilities already in place, making it ideal for buyers seeking a seamless path to creating a custom manufactured or mobile home that aligns with the attractive, well maintained homes throughout the community. An elevated or thoughtfully designed new home here would enjoy constant waterfront activity, from dolphins and manatees gliding past to stunning sunset views and refreshing coastal breezes. Ownership includes a share in the cooperative, providing stability, pride of ownership, and access to seven plus acres of water surrounded grounds, a community dock, kayak launch, shuffleboard courts, and a welcoming clubhouse that hosts frequent social gatherings. Monthly co op fees remain refreshingly low and cover water, sewer, trash, and common area amenities, supporting an easy, low maintenance lifestyle. Boating enthusiasts will appreciate being able to step from home to boat and cruise directly to the Anclote River, the historic Tarpon Springs Sponge Docks, Anclote Island, and Three Rooker Island, while anglers can fish right from the docks for snook, redfish, and trout. The community allows up to two small pets and permits one month minimum rentals, offering flexibility for seasonal residents or extended stay use. Just minutes away, Tarpon Springs delivers a vibrant coastal lifestyle with waterfront dining, authentic Greek cuisine, boutique shopping, First Friday events, the Pinellas Trail, Fred Howard Park, Sunset Beach, and nearby Gulf beaches. Vacant waterfront lots with included boat slips in established 55+ co op communities are extremely limited in Pinellas County, making this a standout opportunity for buyers seeking affordable Gulf access living and the freedom to build a personalized waterfront retreat in one of Tarpon Springs most charming and sought after settings.