OPEN HOSE Saturday 1/28 from 1:00-4:00. Tucked away on a quiet stretch overlooking Bayou Grande, 206 S. Merritt Street is a rare waterfront opportunity filled with charm, history, and potential. Built in 1930, this 2 bedroom, 1 bathroom home sits on two lots totaling 0.2802 acres and offers stunning water views with quick access to Pensacola Bay. Inside, you will find beautiful Red Oak wood floors throughout the living and dining rooms, original windows, stunning wood baseboards, and built-in wood bookshelves that highlight the craftsmanship of this era. The home features a spacious living room, formal dining room, kitchen with gas stove, and a large laundry room just off the kitchen. A bonus room currently set up as a bar would make a perfect home office, playroom, or creative space. The bathroom has been freshly painted and includes a newly remodeled shower. Step outside to a concrete composite deck where you can relax, enjoy the peaceful setting, and watch the Blue Angels practice overhead. There is currently no dock, but one existed previously and the property is grandfathered, allowing a future owner to install a new dock. A county easement separates the neighboring property, offering additional space and privacy. The home has never flooded. Major updates include a 2022 water heater and a 2017 HVAC system. The property also carries a transferable termite bond. AT&T fiber optic has just been installed in the neighborhood. A one car garage with extra storage adds convenience. If you have been searching for a classic waterfront home in Pensacola with character, views, and room to make it your own, this Bayou Grande gem delivers.