Welcome to a rare waterfront opportunity in the charming coastal community of Yankeetown. Situated on one of only two deep water canals in the area, this beautifully updated residence offers direct access to the Gulf, with just a short 10 minute boat ride to the open waters near the Withlacoochee River. Tucked away on a quiet dead end cul de sac, this 2 bedroom, 2 bath home sits on a spacious quarter acre lot, offering both privacy and tranquility. With 1,589 square feet of thoughtfully designed living space, the home blends comfort, functionality, and coastal charm. Extensively upgraded, the property features a remodeled kitchen with updated cabinetry and countertops, waterproofed interior walls, and a Rinnai tankless water heater. Major system improvements include a newer HVAC system, upgraded electrical with a 200 amp breaker panel, and a recently replaced exterior AC unit. Additional enhancements such as new doors, window pane units, fresh interior and exterior paint, and a modern garage door system contribute to the homes move in ready appeal. Outdoor and waterfront features are equally impressive, with tie up pilings, rip rap along the seawall, and a replaced dock float, ideal for boating enthusiasts. A generator disconnect adds convenience and preparedness, while the septic system has been recently serviced and inspected. Inside, custom touches like tongue and groove paneling and stained concrete flooring add warmth and character throughout the home. Whether youre seeking a primary residence, weekend retreat, or investment opportunity, this property offers a rare combination of deep water access, thoughtful upgrades, and a peaceful setting in one of Floridas most charming Old Florida towns.