Back on the market with a $50K price reduction for quick sale!!! Stately 4,700 square foot, 9-bedroom/5 1/2 bath Olde Florida vintage house. Open floor plan with huge 20' X 30' great room with gas fire place & cathedral ceiling. Spectacular kitchen with eight foot Dolomite center island, 6-person breakfast bar & deep stainless steel sink. All-stainless appliances, professional 6-burner gas stove, built-in Miele double convection oven, and ample soft-close white cabinetry. Home also features a Reehm tankless water heater and three bedroom suites, each with private bath. Situated on 1.2 acres of prime multi-use real estate zoned both residential and commercial, this property offers tons of income-producing potential! Live in the main section of the house and rent upstairs &/or rear bedrooms (with three separate side and rear entrances), individually or as private offices at an estimated $650-$750/room/month. Income potential will be significantly greater if used as a Bed and Breakfast or Air BnB. Also well-suited for a group home or commercial office. Maybe starting a cafe or restaurant is your vision. The possibilities are endless, especially if one were to build additional income-producing structures on the expansive back lot. New architectural roof with hurricane straps installed in 2021 with numerous whole-house upgrades in the last three years. Just a short drive to the Blackwater River for swimming, rafting or fishing, a mere one hundred yards from the 8-mile long Blackwater Bicycle Trail, and less than a 40-minute drive to the sugar white sand beaches of the Gulf of Mexico. If you are an entrepreneurial visionary or simply have a large family, perhaps with an on-site business or elderly family members, you owe it to yourself to check out this home and dream big!