Waterfront Opportunity in the Heart of Niceville! This .16-acre lot in the newly rediscovered Bay Shore Subdivision features a fenced backyard and sits directly on a spring-fed lake, offering a rare opportunity to create your ideal home, vacation retreat, or investment property. Conveniently located near Eglin Air Force Base East Gate, 7th Special Forces Group, and Hurlburt Field, this property places you close to some of the area's largest employers while still being just minutes from the world-famous white sandy beaches and emerald-green waters of the Florida Gulf Coast. Located near Boggy Bayou and Choctawhatchee Bay, Niceville is known for its strong sense of community, highly regarded schools, waterfront parks, and outdoor recreation. Residents enjoy nearby attractions including Turkey Creek Nature Trail, local parks, boating, kayaking, fishing, and easy access to the shopping, dining, and entertainment of Destin. Destin, often called the ''World's Luckiest Fishing Village,'' is famous for its deep-sea fishing, harbor activities, waterfront dining, and the unforgettable experience of Crab Island -- a popular boating destination with crystal-clear shallow water and a vibrant coastal atmosphere. The property is also conveniently located near hospitals, grocery stores, Northwest Florida State College, golf courses, marinas, parks, and top-rated recreational areas, making it ideal for both full-time living and long-term investment potential. The existing mobile home is being sold As-Is and requires significant repairs and updating. Buyers may choose to remove and replace the mobile home or renovate the current structure. This property may qualify for a VA or FHA NEW construction loan, creating an excellent opportunity for buyers looking to build new in one of Northwest Florida's most desirable and centrally located communities. Bring your vision and take advantage of this waterfront property with endless potential!