518 Navy Cove Blvd Located in the heart of Gulf Breeze Proper, this exceptional waterfront estate is discreetly set within a picturesque Southern coastal landscape, shaded by mature live oaks and draped in Spanish moss. Sweeping views of Pensacola Bay and the downtown Pensacola skyline create a serene and ever-changing backdrop. The main level is thoughtfully designed for both refined living and effortless entertaining, featuring soaring ceilings, wide-plank white oak floors, and an open-concept kitchen adorned with premium appliances and timeless marble countertops. A custom wet bar seamlessly integrates into the space, enhancing the home's entertaining appeal. Expansive windows and French doors flood the interior with natural light and frame panoramic bay views, opening directly to the waterfront backyard for true indoor-outdoor living. Situated on approximately 0.54 acres with 78 feet of pristine shoreline, the outdoor space feels like a private coastal retreat. Notably high and dry, the backyard is designed for year-round enjoyment with a covered patio, outdoor kitchen, fireplace, and heated gunite pool. Boating enthusiasts will appreciate the private dock and lift, offering immediate access to Pensacola Bay-perfect for watching Blue Wahoos fireworks from your own backyard or cruising across the water to nearby waterfront dining. The main-level primary suite serves as a tranquil escape, complete with a custom walk-in closet and a spa-inspired bath featuring intricate mosaic tile. Upstairs, additional spacious bedrooms are complemented by a hallway lined with custom built-ins, providing both beauty and functionality. A private carriage house above the garage offers an elegant and comfortable guest retreat. Surrounded by native landscaping and located in one of the most desirable neighborhoods in Gulf Breeze Proper, this luxury waterfront residence offers an unparalleled lifestyle with close proximity to top-rated schools, shopping, and Pensacola Beach.