Tucked inside the highly sought-after Grande Lagoon community, this beautifully updated coastal home offers the flexibility so many buyers are searching for - currently operating as a successful short-term rental with strong income potential, while also making an incredible primary residence, 2nd home, or vacation getaway. Inside, you'll find gorgeous wood-look tile flooring, an updated kitchen with quartz countertops, pendant lighting, and an open-concept layout designed for easy entertaining and relaxed Florida living. The expansive heated & cooled Florida room creates exceptional bonus space for gathering, gaming, or unwinding after a day at the beach. Step outside to your private backyard oasis featuring an inground pool, covered patio, and a fully fenced yard built for year-round enjoyment. Located near Perdido Key beaches, NAS Pensacola, and the Intracoastal Waterway, this property may also be purchased furnished, making for an easy turnkey opportunity.