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***NO HOA GATED COMMUNITY*** Waterfront Investment Opportunity in Navarre. Zoned Multi-Family. Discover the potential of this exceptional waterfront property in Navarre, Florida with gated access. This property presents a rare opportunity for developers and individual buyers alike to secure a piece of paradise along Florida's stunning Gulf Coast. With flexible investment options, buyers can choose to partner with the seller to develop up to four rental units, capitalizing on the high demand for waterfront rentals in the area. Alternatively, you can customize your investment by purchasing the entire development or just purchasing one of the units being developed, making it an ideal choice for those seeking a luxurious coastal getaway or a profitable rental property. Seller has access to