Welcome to Your Dream Investment Property in Navarre Beach! This stunning three-story beach house offers everything an investor or beach lover could hope for—located between the Santa Rosa Sound and the Gulf of Mexico, you'll enjoy breathtaking views from any of the three spacious balconies! This property features 5 bedrooms and 5 bathrooms, making it ideal for large groups, vacation rentals, or your own private retreat! The heart of the home is the open concept kitchen and living area, designed for seamless entertaining. The kitchen is a showstopper with sleek stainless steel appliances, granite countertops, and a gorgeous backsplash that ties it all together. Imagine preparing meals while chatting with guests as they relax in the inviting living space! The master suite is pure luxury featuring a spa-like bathroom with a soaking tub, a walk-through shower, and double vanity sinks. Every bedroom is designed for comfort, ensuring an unforgettable stay for all. There is plenty of room to park four vehicles, ample enclosed storage, covered areas to entertain, plus a community pool for all to enjoy! This home is located in the exclusive By The Sea subdivision, a quiet, gated community with direct access to both the sound and the Gulf. Whether you prefer a serene morning walk by the water, an adventurous day exploring the nearby Navarre Beach Marine Sanctuary, or catching some sun on Navarre's famous sugar-white beaches, this property offers the best of coastal living! You're also just moments away from Navarre Pier, Juana's Pagodas, and Sailor's Grill local hotspots for dining and entertainment. The area is full of exciting activities like snorkeling, golfing, visiting the Sea Turtle Conservation Center, or relaxing at the nearby water park. With rental projections grossing $108,550, this home is not just a beautiful retreat but a savvy investment opportunity. Don't miss your chance to own a piece of Navarre Beach paradisea coastal haven combining natural beauty and endless adventure!