Potential to add two additional rental cottages with up to five additional units! There are already two units in the main building. Rare opportunities like this simply do not come along often. Situated on nearly one acre with 158 feet of direct Intracoastal waterfront and full riparian rights, this extraordinary estate combines historic Old Florida charm, unmatched privacy, boating convenience, and incredible income-producing potential. Originally built in 1920 from coquina stone, the property offers timeless character and craftsmanship enhanced by custom Western and California redwood finishes throughout. Wake up to breathtaking river views, launch your boat from your private boat lift, and spend your days enjoying everything Florida waterfront living has to offer. The impressive two-story dock spans approximately 900 square feet and extends nearly 100 feet into the water, offering panoramic views that stretch for miles. Designed as a private retreat, the grounds feature a stunning 50-foot solar-heated swimming pool with a decorative bridge, winding garden pathways, peaceful courtyards, mature landscaping, and multiple fruit trees. The fully fenced property includes two gated entrances and a wraparound driveway with abundant room for boats, RVs, trailers, and additional vehicles. The main residence features 2 bedrooms and 2 bathrooms, while three separate detached 1-bedroom, 1-bath guest cottages provide exceptional flexibility for multigenerational living, visiting family and friends, private guest accommodations, or rental income opportunities. Properties offering this combination of acreage, direct waterfront access, a private dock and boat lift, guest cottages, resort-style amenities, and investment potential are incredibly rare. Whether you're searching for a waterfront family compound, private retreat, vacation property, or income-producing estate, this unique riverfront property offers endless possibilities. This is a rare opportunity to own one of the area's most distinctive waterfront properties. Schedule your private showing today.