Positioned along a saltwater canal with direct access to the Gulf of America, this property at 14616 Coral Drive in Hudson represents a rare chance to acquire true waterfront valuenow offered at just $122,500, significantly below both the current tax assessed value and AVMs. Located in the Gulf Side Villas community, this 2 bedroom, 1 bath home spans approximately 1,050 square feet and sits on a lot that invites reimagined outdoor living, including a spacious covered rear patio overlooking the water. A stone wood burning fireplace, a detached carport, and a 2018 roof remain intact, offering a structural foundation for renovation. The home sustained extensive storm and hurricane damage during the Fall 2024 Gulf Coast hurricane season, and is being sold as is. Interior drywall has been removed to the studs, and no repairs have been initiatedcreating a clean slate for those with the vision and resources to rebuild. A full rehab will be necessary, including evaluation and likely replacement of electrical, plumbing, HVAC, and critical systems. With Gulf access and waterfront views, this home holds excellent potential as a primary residence, vacation home, or future income producing rental. It's a compelling opportunity for seasoned rehabbers or investors looking to maximize upside in a location just minutes from Hudson Beach, local marinas, dining, and shopping. Cash only sale. Ideal for buyers experienced in renovation and redevelopment seeking a unique value add project on the water.