Boater's Paradise on Santa Rosa Sound! Welcome to 1002 Magnolia, a rare waterfront retreat nestled on a quiet cul-de-sac in the heart of Gulf Breeze. Situated on approximately ½ acre, this exceptional property offers 370 feet of waterfront—including 150 feet on Santa Rosa Sound and 220 feet along a protected canal—providing panoramic water views, direct boating access, and the ultimate coastal lifestyle. Built in 2006 with a new roof in 2024, this 4-bedroom, 2-bath home offers 1,763 square feet of thoughtfully designed living space. Southern exposure fills the home with natural light, while an elevator provides easy access. Expansive waterfront decking is perfect for entertaining, relaxing, or taking in spectacular sunsets. The private dock with a 10,000-pound boat lift makes getting on the water effortless, while the protected canal provides a sheltered location for your boat. Natural Florida landscaping and a private irrigation well create a beautiful, low-maintenance setting. The spacious homesite also offers plenty of room to add a custom pool. In your boat or jetski, you'll enjoy quick access to Santa Rosa Sound, Pensacola Beach Restaurants and the Gulf. It's also just a short golf cart ride to Tiger Point Golf Course, The Pointe Restaurant, and the newly renovated clubhouse for golf, dining, and social activities. Surrounded by beautiful newer homes, this property offers an exceptional combination of waterfront living, boating convenience, and future potential. Whether you're looking for a full-time residence, vacation home, or investment opportunity, 1002 Magnolia is a truly rare offering on Santa Rosa Sound. Bonus Opportunity: The adjacent waterfront lot to the LEFT is also available. The purchaser of the home will have the first opportunity to purchase the neighboring lot before it is offered separately, providing the option to expand the estate, increase privacy, or invest in one of Gulf Breeze's most desirable waterfront locations.