On the Intracoastal waters of Santa Rosa Sound, this elevated coastal contemporary residence offers exceptional privacy and sweeping waterfront views. Positioned at the end of a private street in Mary Esther, the home is bordered by the sound and framed by stately brick column entry walls. Current waterfront pricing in Navarre and Mary Esther range from $700-$474 a square foot. This home is priced below $333 a square foot due to a few dated items. The tile floors on the first floor are in exceptional shape but have a dated appearance. Also, the kitchen and bathrooms are slightly dated. Estimates around $200,000 for all of the updates will easily bring this home into the $500+ a square foot range. Instantly bringing the value of the home into the 2M dollar range. Owner does not live in the area and does not want to manage the updates. This home will have instant equity with the right buyer and vision.. All of the stucco has been replaced with an entirely new exterior. All 53 windows were replaced during the stucco with flanged hurricane windows. New all aluminum roof. Inside, five bedrooms, two bonus rooms, three full baths, and one half bath are thoughtfully arranged to maximize natural light and panoramic water views. Nearly every room overlooks the sound, allowing the waterfront to shape daily living. Dock includes 2 boat lifts. The primary boatlift supports a 18,000 lb boat.