Rare bayfront opportunity on Cape San Blas--offering stunning, unobstructed water views, 1.19 acres, and the highly sought-after advantage of being located in an X Flood Zone. Thoughtfully built and cherished as a private family retreat, this bayfront property was designed as a place to gather, unwind, and create lasting memories along Florida's Forgotten Coast. Now offered for the first time, it presents a truly unique opportunity in a location where properties of this scale and setting are increasingly rare. The home is fully functional and offers a solid foundation, making it ideal for those looking to create a custom coastal retreat or capitalize on its value-add potential. Positioned to capture breathtaking sunrise views and tranquil waters, the setting is exceptional--paired with a rare lot size and premier bayfront location. Ready for its next chapter, this property offers remarkable upside in a truly special setting. Important Showing Notes: Use caution on decks and porches. Dock is in disrepair and should not be accessed. Additional professional photography will be added on 4/13 to further showcase this exceptional property.