7268 Sharp Reef Rd RARE DUAL-WATER LOT - GULF & SOUND ACCESS. There's no other community like this one in the area. Perdido Key Coves offers what almost nothing else on Perdido Key can: canal access to Old River (the Sound) and proximity to the Gulf of America, plus deeded community beach access. This particular lot is one of the special few that delivers true two-way water access directly on the property - canal-front with an existing boat dock and lift already in place, and positioned directly across the street from the deeded beach access to the Gulf. For a serious boater, this is the holy grail: step out your back door onto your own dock for calm-water cruising, fishing, or paddling on the canal, then walk across the street to the sugary white sand and emerald waters of the Gulf in minutes - no driving or gulf cart required. This lot is also one of the largest left available to purchase in the community, with plenty of room to design a custom home and still leave space for a pool. Build to capture unobstructed water views from virtually every room, front to back. The Gulf-facing side borders Perdido Key State Park, with access to nearly two miles of protected shoreline offering wide stretches of natural, sugary white sand - a level of view protection and natural beauty that's rare. The community also features a private, fenced multi-use recreation area with pickleball and tennis courts, and benefits from HOA dues of only $400/year, covering street lighting, entrance maintenance, and periodic dredging of the community canals to help preserve boat access. Emergency services are located within a half mile of the lot, adding peace of mind. This lot combines waterfront, size, and unmatched beach proximity backed by protected parkland shoreline - a rare chance to secure one of the best-located, largest remaining waterfront homesites in a community unlike any other on Perdido Key.