Welcome to Perdido Key Coves, a community both beach lovers and boating enthusiasts can call home! 15760 Bowlegs Reef is located amidst 290 acres of unspoiled State Park land, so residents can appreciate a serene Gulf horizon without any high-rises blocking the view and enjoy owner deeded beach access to the Perdido Key State Park white sand beaches just across the street. Situated on a waterfront .33 acre lot at the wide mouth of the canal, 15760 Bowlegs Reef has an impressive 175 feet of water-frontage and provides easy access to Old River and the Gulf of Mexico. The main living level includes three bedrooms, a kitchen, and a living/dining space with soaring vaulted ceilings. The kitchen has two pantries and ample cabinet storage, while the main bedroom features a walk-in closet, double vanity, and a beautifully updated tile/glass shower. Step outside onto the wraparound deck, accessible from both the living room and primary bedroom, and bask in the tranquil waterfront surroundings and vibrant sunset vistas over Old River. The lower level of the home features a versatile family room with a cozy wood-burning fireplace, a third bathroom, a spiral staircase, two garages complete with workshop area and shelving, a tackle room, and a utility room. An elevator allows for easy accessibility between the two floors. Recent updates include a new roof in 2021, two A/C units in 2019/2020, updated decks in 2022-2023, new dining room and guest room doors in 2023, fresh exterior paint in 2023, and new vinyl plank flooring and paint in the family room in 2023. In 2024, the upper living area was painted a pleasing neutral color, and new carpet was installed in all bedrooms. Whether you seek a primary or second home with the coastal tranquility only Perdido Key can give or a rental investment with deeded beach access, community tennis and pickleball courts, and low HOA fees ($400/year), this home truly has it all! A 1-Year Home Warranty is being provided for added peace of mind.