Under contract-accepting backup offers. NEW PRICE. Prime pre-construction / demo-to-build opportunity in the highly desirable Lake Magdalene / Carrollwood area. This property is being sold for demolition and rebuild and is ideal for a luxury new construction or custom home build project. The property sits on an approximately 0.40-acre buildable lot in an established neighborhood known for excellent, highly rated schools and strong long-term value. The location offers a quiet residential setting while remaining close to Carrollwood, major highways, shopping, dining, medical facilities, downtown Tampa, and Tampa International Airport. The property is not in a flood zone. Hillsborough County water connection is available. A new aerobic septic system will be required for future construction. A survey is available to assist with planning and due diligence. An excellent, experienced custom home builder is available and will provide free design consultations and preliminary floor plans. Resources for septic planning, new home design, construction guidance, and due diligence support are available to help streamline the building process. This is one of the last remaining lots on the picturesque Lake Magdalene. The current home on the property is a teardown, so please note that entry is not permitted. This is a prime opportunity to build your dream home in a sought-after location. Contact Emiliya today for more information or to schedule a private tour. #LakeMagdalene #TampaLakefront #VacantLotForSale #BuildYourDreamHome #TampaRealEstate #LakefrontLiving #WaterfrontLot #NoHOA #NotInFloodZone #CustomHomeLot #TampaHomes #TampaLand #FloridaLakeProperty