Welcome to the desirable gated community of Palmetto Preserve--home to one of the last remaining waterfront lots in Navarre. This exceptional property offers pristine water clarity, deeded beach access, and a private boat slip--a rare privilege, as not every home in the community has one. Build your dream home and enjoy immediate access to the water from day one. Located in East Navarre, Palmetto Lake Preserve is conveniently close to top-rated schools, shopping, and Hurlburt Field Air Force Base, while still offering privacy and tranquility. The low HOA of just $115/month truly delivers value, covering a beautiful gated entrance, underground utilities, well-lit paved roads, a community dock, and meticulously maintained beach access. The lot features approximately 165 feet of total water frontage and spans .39 acres, providing ample space for a luxury custom home. A Geo-Con soil study has already been completed, allowing your builder to review and move forward without delay. In addition, the seller is providing a survey at their expense, along with a potential building floor plan that may be used or customizedvaluable tools to help bring your vision to life. Nestled in a quiet cul-de-sac, the community is thoughtfully designed with a Y-shaped entrance leading to two cul-de-sacs, creating minimal traffic and a peaceful setting. With only two neighboring waterfront homes, you'll enjoy exceptional privacy. Spend your days dolphin watching, boating, kayaking, fishing, and soaking up the Florida sunjust minutes from Navarre Beach. All showings must be accompanied by a REALTOR® due to gated access. This is truly one of the finest buildable waterfront lots remaining in Navarrea rare opportunity to secure luxury, lifestyle, and long-term value.