A unique opportunity to own and build your own beach oasis in one of the most beloved beach towns along 30A. 147 Magnolia Street is located in Grayton Beach, situated on a beautiful, shaded 50x140 lot and located just a short walk to the beach. There is currently a 1,078 square foot single family home on the lot that was built in 1948 and has two bedrooms, one full bath and a spacious wrap-around porch. This home allows for a great opportunity to continue renting it out during the process of getting building plans and permits. You'll find many excellent restaurants, entertainment, galleries and beach access, all within easy walking distance. Being within Grayton Beach, you have a great mix of serenity and liveliness that makes Grayton Beach so special. With no HOA fees or restrictions, this unique location in Grayton Beach has endless opportunities for your future beach home.