*UNDER CONTRACT - SELLER ACCEPTING BACK-UP OFFERS* Coastal charm meets modern comfort just 1.5 blocks from the bay with public water access! Tucked away on a quiet dead-end street that leads directly to the water, this beautifully updated 2-bedroom, 1.5-bath home offers the perfect blend of character, convenience, and location. Step inside to find real hardwood floors throughout the main living areas and tasteful updates throughout. The renovated kitchen with stainless steel appliances flows seamlessly into the living and dining spaces--ideal for everyday living or entertaining guests. Both the full and half bathrooms have been thoughtfully updated for a fresh, move-in ready feel. Enjoy Florida coastal living year-round from the bright sun porch and cozy back porch, perfect for catching those relaxing bay breezes. Major systems provide peace of mind, with the HVAC and water heater both less than five years old, offering improved energy efficiency. Outside, the fenced yard provides space for pets, play, or outdoor gatherings. Additional features include city water and sewer, and washer and dryer that convey. NO HOA and NO flood insurance required -- a rare and valuable combination this close to the water. Ideally located just 20 minutes to Panama City Beach, 25 minutes to Tyndall Air Force Base, and only 5 minutes to the Navy Base, making this an excellent option for military relocation, first-time buyers, investors, or those seeking a peaceful coastal retreat.