1120 Alex Drive Recently improved price on this beachfront property in Gilchrist, offering a compelling opportunity for buyers seeking coastal real estate with income potential. This 5-bedroom, 5-bath home was built in 2020 and sits on an approximately 0.62-acre waterfront lot with direct beach access and Gulf views.Designed for both personal use and short-term rental performance, the home features a spacious two-story layout with multiple living and dining areas.The kitchen is equipped with a large island, two refrigerators, and is open to the main living area for easy flow.The property includes two primary bedrooms, en-suite baths, and multiple covered decks for outdoor enjoyment. Additional features include a cargo lift, hot tub, partially fenced yard and outdoor spaces ideal for entertaining. Whether used as a private retreat or income-producing property, this beachfront home presents a strong value with its updated price, waterfront location, and established rental appeal.