Hidden gem waterfront townhome near NAS with dock and no Airbnb restrictions! Welcome to “Down on the Bayou.” This community is being revitalized one unit at a time as owners discover the value of having water access that leads to Pensacola Bay from Bayou Grande. Water deep enough for pontoons. Completely remodeled including new LVP, paint, quartz countertops, tile shower, first floor master bedroom, and stainless steel appliances. This is the only townhome in this community with 3 bedrooms, and only 4 units in this community have a shower on the lower level. Airbnb rental Projections are $152/night. This unit is walkable to Gary’s Brewery! Appraised at $296,000 and owner will donate his dock to buyer and sell another 2 bed 2 bath unit if desired. Enjoy the community space with a bonfire on the shoreline under the oak trees. Red fish and catfish found here, and dolphins seen occasionally. Roof 2021, HVAC 2024, and Hardie Board siding 2024. This property qualifies for up to $6,000 grant for closing expenses and as low as 6.5% interest rate. Or as low as 6% interest rate if no closing cost needed. Insurance as low as $2,501 – see quotes attached.