Under contract-accepting backup offers. Back on the market and better than ever! This magnificent beachfront estate is a rare chance to own a slice of Florida paradise with investment opportunities! The property includes a 5507 square foot main house right on the white sand beaches of the Gulf of Mexico and a separate 3 bedroom 2 1/2 bathroom guest house (1407 square feet) directly behind it. Re-built in 2009 and renovated again in 2022 to the highest construction standards, including poured concrete with steel reinforcement, impact windows and doors, whole house generator, custom iron railing, hardwood hickory flooring, and so much more! The superior construction has stood the test of time and is apparent from the moment you enter. Your eyes will immediately be drawn to the architectural design and sweeping beach views that will take your breath away. Classic elegance meets modern sophistication that features soaring 25 foot ceilings in the great room and 14 foot ceilings throughout the rest of the home, dramatic lofts with mesmerizing views of the gulf beaches, stunning custom staircase, and resplendent living room with impressive built-ins. Filled with high-end appointments and stunning attention to detail, the open floor plan includes a gorgeous chefs' kitchen with a large island, breakfast bar, custom wood cabinets and Sub-Zero and Thermador appliances. The formal dining room is perfect for entertaining and features a wine cooler and a wet bar. Upstairs you will find the stunning and luxurious master suite, complete with dressing areas, huge walk-in closet and a separate steam shower. The remaining bedrooms and baths, one of which is on the main level, are beautifully appointed with cozy sitting areas and private porches to enjoy the breathtaking sunsets. Additional features of this home include a workout/bonus room, elevator, new roof, A/C, new interior and exterior paint, new electric panels, light fixtures, and so much more. Ample parking, with a 3-car garage and 7 additional parking spots, is indeed a great feature and is highly valued on any beach property whether you decide to use this for yourself or as 2 short term rental properties. Ask about rental history and rates for both the cottage and the main house.