Known as ''The Anchored Pearl,'' this tropical bungalow is a rare gem with its impressive combination of historic charm/tasteful updates, super close beach proximity, and strong short-term vacation rental history! Despite being just a short walk to the beach/Surfside Park, the property sits ''high & dry'' (no flood insurance required!) on one of the largest lots in Vilano and comes fully fenced with an oversized 2-car garage and elongated driveway allowing parking for up to six! The main living space features a wood burning fireplace, refinished original hardwood floors, knotty pine wood ceilings, which opens into an enlarged bonus room surrounded by windows allowing for tons of natural light!  Also included are architectural plans to transform the home into a 3-story ocean view paradise! With its recently remodeled kitchen, updated appliances, plumbing, electrical, water treatment systems, security system, & hurricane grade windows/doors/roof, this property is a must-see!