This vacant lot is ideal for a buyer looking to build their own dream beach home, or an investor looking to create a well-located vacation rental property. Located in a quiet area yet close to all the amenities on the 30A corridor, this vacant gulf-view lot is one of the last available in Cypress Dunes with water views. The lot has permission to build a three-story home as per the HOA ARB. Floor plans are available for a four-bed home with a media room, two-car garage, elevator and third-floor great room. YOU HAVE UNTIL APRIL 2027 TO BUIILD YOUR NEW HOME! Multiple decks provide outdoor living space with breathtaking views across Topsail Hill State Park and Stalworth coastal dune lake to the Gulf of Mexico. Cypress Dune subdivision covers 44 acres and is enviably situated 25 feet above seaThis designated X flood zone means that expensive flood insurance is not required. Homeowner fees cover lawn maintenance and landscaping making this an easy-to-maintain second home or rental property. The community landscaping includes swathes of native plants, a 200-year-old cypress head and a state-of-the-art amenity center with fitness facilities, a sunset deck and a residents' party room. Owners can also make use of nature boardwalks, tennis courts, pickleball, a beautiful community pool and hot tub. Three miles of white sandy beach and a host of activities provide an enviable lifestyle. Just five minutes away, Sandestin Golf and Beach Resort is home to shopping, dining, a movie theater, championship golf courses, tennis courts, a marina and watersports at Baytowne Wharf. It all starts when you secure this superb vacant lot.