Welcome to a rare waterfront opportunity in the charming coastal community of Yankeetown. Situated on one of only two deep-water canals in the area, this beautifully updated residence offers direct access to the Gulf, with just a short 10-minute boat ride to the open waters near the Withlacoochee River. Tucked away on a quiet dead-end cul-de-sac, this 2-bedroom, 2-bath home sits on a spacious quarter-acre lot, offering both privacy and tranquility. With 1,589 square feet of thoughtfully designed living space, the home blends comfort, functionality, and coastal charm. Extensively upgraded, the property features a remodeled kitchen with updated cabinetry and countertops, waterproofed interior walls, and a Rinnai tankless water heater. Major system improvements include a newer HVAC system, upgraded electrical with a 200-amp breaker panel, and a recently replaced exterior AC unit. Additional enhancements such as new doors, window pane units, fresh interior and exterior paint, and a modern garage door system contribute to the home’s move-in-ready appeal. Outdoor and waterfront features are equally impressive, with tie-up pilings, rip rap along the seawall, and a replaced dock float, ideal for boating enthusiasts. A generator disconnect adds convenience and preparedness, while the septic system has been recently serviced and inspected. Inside, custom touches like tongue-and-groove paneling and stained concrete flooring add warmth and character throughout the home. Whether you’re seeking a primary residence, weekend retreat, or investment opportunity, this property offers a rare combination of deep-water access, thoughtful upgrades, and a peaceful setting in one of Florida’s most charming Old Florida towns.