612 S 1st Street 24 Spacious 4 bedroom WATERFRONT TOWNHOME with LARGE DEEDED BOATSLIP with DEEP WATER ACCESS at the front gate of NAS in Gated Community of Spinnaker Cove just 10 minutes to downtown Pensacola and Perdido Key. 4 bedrooms with 2.5 bathrooms, this home boasts 2, 700 sq feet of living space with a tandem garage that you can pull through with garage doors on both sides. Waterfront living with this square footage with a deeded boatslip at this price per square foot is a rarity. This property has an ASSUMABLE VA LOAN at 3%! This property also has $25 power bills. YES, that is correct - this home has NEW PAID FOR SOLAR PANELS THAT COST OVER $67, 000. Installation of 31 400w Solar Panels, Net Metering Main Service Panel, and Enphase Microinverter in 2023. ALL NEW HEATING AND COOLING SYSTEMS COSTING OVER $23, 000 - TWO 2023 2 ton 19 seer Gree HVAC Units for 2nd and 3rd floor of home - 2 Zone High Efficiency Mini-Split System to add AC to the entire bottom floor. This home has upgrades galore! This townhome was renovated in 2021 with brand new kitchen and appliances (new Samsung refrigerator 2024). Washer and Dryer (2021 Samsung) are included. The main living space is perfect for entertaining guests with an open concept of the kitchen, living, and dining area, and balcony with views of Bayou grande and your boat slip with power and water (you can install a lift if you so choose). The wood burning fireplace makes for cozy evenings. Luxury vinyl plank flooring in the living and wet areas and carpet in the bedrooms on the 3rd floor. New 4th bedroom and office area on the bottom floor that is heated and cooled recently added in 2024. All bedrooms on the third floor have their own private balconies. LOW HOA fees make this property a no brainer for those looking for the waterfront lifestyle at a low cost. This prime location offers easy BOATING & FISHING access to the Gulf of Mexico being only a 15 minute ride to the Pensacola Pass. Buyer to verify all information. See YouTube Video Tour.