Short Sale. Welcome to your own slice of Old Florida paradise in the charming waterfront fishing village of Steinhatchee, Florida. Nestled on nearly an acre of fully fenced property, this beautifully updated waterfront retreat offers the perfect blend of coastal charm, modern upgrades, and income-producing potential. This spacious 4-bedroom, 3-bathroom home features over 1,720 square feet of living space with a layout designed for entertaining and hosting large groups. Two oversized primary suites, one upstairs and one downstairs, provide flexibility and privacy for guests or multi-generational living. Step outside and enjoy everything this unique property has to offer. A gated driveway leads to multiple outbuildings, storage sheds, and a covered entertainment area perfect for relaxing after a day on the water. Take in peaceful views of the large spring-fed pond from the carport or unwind on the floating dock. There's plenty of room for boats, fishing gear, RVs, and all your outdoor toys. Recent renovations include new flooring throughout with upgraded 3/4-inch plywood subfloors, a beautifully remodeled kitchen featuring marble countertops, a newer HVAC system, new septic tank, and fresh interior and exterior paint that gives the home a bright, coastal feel. Currently operating as a successful vacation rental with consistent 5-star reviews since 2020, this property offers exceptional income potential. With the ability to accommodate large groups, it's an ideal destination for fishing and scalloping trips. An additional separately fenced area with RV hookups creates even more opportunities for rental income. Whether you're searching for a full-time residence, vacation getaway, or turnkey investment property, this one-of-a-kind waterfront compound delivers the ultimate Florida lifestyle.