This nearly 5-acre waterfront estate is arguably the most desirable residential parcel in this part of Florida, tucked just inside the inlet offering spectacular panoramic views and direct navigability to the Atlantic Ocean. This is located on a prestigious waterfront stretch of just 11 residential-acreage estate parcels along South Peninsula Dr. here in south Ponce Inlet with this particular piece being the most southerly and the largest, featuring a rare private-deeded canal in addition to the incredible 183' of open water frontage. Continued... A large, detached 4-car garage shares the architecture and is situated adjacent to the private boat ramp and private canal with mooring basin. The natural live oak landscape with tropical flora and fauna sits directly beneath the beam of the historic Ponce Inlet Lighthouse.A very rare and beautiful natural freshwater pond sits right in the middle of the 4 acres creating a picturesque old Florida setting just steps to the beach and inlet parks. Although this property has frontage on prestigious S. Peninsula Drive, the current entrance is off of obscure and private Sailfish Dr. providing direct access to lovely, shaded, shell-covered, sandy roads that lead to local watering holes, working charter docks, and the inlet's jetty and beaches.