***Gorgeous waterfront lot (.54 Acres) on Santa Rosa Sound Intercoastal Waterway with 116 feet of water frontage*** You couldn't ask for a more picture-perfect parcel at this price!!! With stunning views of sunsets on the Sound, this large parcel is located in a well-kept neighborhood and offers a valuable canvas poised for the creation of a Masterpiece Estate. Lot is located in a quiet Cul-De-Sac in a private community close to the Beaches, Hurlburt Field, Eglin AFB, Navarre Beach, Fort Walton Beach, and Destin. Seawall in place, level, and ready to build! The neighborhood has a community area with a beach, underground utilities, and sewer. Most homes are valued at over a million dollars for the waterfront in this neighborhood, and this is the cream of the crop large parcel. This was the developer's lot and has never been built on. The new Santa Rosa County flood map shows this lot high and dry (no wetlands) and is ready for your dream home. Current owners have initial plans with a local custom homebuilder for a ~3,300 sq/ft single story slab home with a pool that can be modified to your exact specifications for your dream home. This is also a perfect opportunity for Builders, Developers, Investors, Architects & Contractors.