With recent changes to the Florida Building code mandating 1' of "Freeboard" above the FEMA Flood Maps elevations, any Bonita Bay home below this base elevation can only be remodeled or repaired to a value of 50% of the appraised value of the home (Land not included). This home, however, is well above base flood level—which means your vision has no limits. With this opportunity, you can be in a classic Old Florida home—built to today's standards within a desirable budget.