Positioned in Mary Esther, this exceptional 3.38-acre (+/-) waterfront property presents a rare opportunity with remarkable flexibility. The site is well suited for a private waterfront estate situated on a beach peninsula with a beautiful beach area. Just minutes from Hurlburt Field, the location is ideal for military members, defense professionals and families seeking proximity to one of the region's key employment centers. Residents and visitors will appreciate the quick connection to Fort Walton Beach and the convenience of being centrally located between Navarre, Gulf Breeze and Destin -- placing shopping, dining, beaches and daily essentials within easy reach. For those of you wondering why the price is low for 3.3 acres of waterfront with 220+ feet of white sandy beach, the land has almost an acre of dry land, and the remainder is classified as wetlands. The price is still low for approximately .8 acres of dry land. The largest dry portion is close to Tecumseh Lane (the southwestern portion) and the beach. You will see this in the agent documents.