8215 Stillwater Cove, Navarre, FL 32566 (MLS# 1011728)

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Property Description
A true waterfront estate on East Bay, this exceptional property offers 3.71 acres of pristine land, beautifully adorned with majestic Live Oaks and stately Magnolia trees. 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. 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. A portion of this acreage offers a major financial edge: part of the land is zoned neighborhood commercial. This versatile designation opens the door to building additional high-yield rentals or a commercial facility, making it a dream compound for visionaries and investors alike. Whether you are looking for a private legacy estate or income generating powerhouse, this rare property delivers endless opportunities.