Coastal Retreat or Full time home at 1525 Valencia Drive on a quiet dead end street and backed by wooded private area. Coastal Living at its best. Investor special, priced to sell, full renovation required, great opportunity to customize or rebuild, located in desirable waterfront community, potential for strong resale. Property sold As-Is, bring all offers, don’t miss this chance to create your dream coastal retreat. This property is in the highly desired, safe, pet friendly, beach neighborhood of Spanish Cove, a coastal paradise gracing the shores of Perdido Bay, just 5 minutes from the Lillian boat launch and only 15 minutes from the sugar white beaches of the Gulf of Mexico. There is something for everyone in this coastal golf cart community that sits on the Alabama/Florida line. Owners enjoy membership with a lifestyle full of amenities and remarkably affordable POA Dues of only $74/Mo (dues paid quarterly) and includes trash pick-up, 24 hours security, and key FOB entry into all facilities. There are two clubhouses and a year-round junior Olympic sized swimming pool that is heated and covered in the winter months. The many sources of activities include aquatic classes, pickleball and tennis courts, basketball court, fitness facility, playground, shuffleboard, and nature hiking trails. You can join community-organized activities like Bingo, card games, live bands, book clubs, game nights, garden club, and group travel opportunities. If you like to relax, you can spend the day at the Spanish Cove beach, fish from the 500-ft pier, or watch the sunset while taking a stroll around this lovely community in your golf cart. Spanish Cove is conveniently located near Pensacola NAS facilities, VA Hospital, Gulf Shores, and Orange Beach. Don't miss out on this fantastic opportunity to own your own slice of paradise. Schedule your showing today. Buyer to verify all information during due diligence.