8215 Stillwater, Navarre, FL 32566

Property Description

Exceptional waterfront investment opportunity! This true East Bay estate sits on 3.71 acres with a portion strategically zoned neighborhood commercial, allowing for the construction of commercial buildings or additional rental units. Convert the home into Sleepy Bay B&B and all domain names will convey. The entire residence spans 4,446 sq ft highlighted by an expansive 900 sq ft living room featuring a breathtaking wall of windows that opens to an enormous 16x70' deck. This dramatic focal point overlooks 300 ft of natural estuary, offering panoramic views of the East River entering East Bay that is easily accessed by a 100'' dock. The entire home boasts 10' ceilings, and the elegant dining area comfortably seats 10 - perfect for entertaining. Each of the 4 bedrooms has its own full bath and separate thermostat for your B & B. Adding incredible value is an attached 1,100 sq ft apartment complete with a full bathroom, full kitchen and independent laundry - an ideal set up for multi-generational living or a premium source of rental income.