A great offering in Old Seagrove south of Grove on Dogwood. This home offers an iconic Watermelon Cottage rental home for now capable of 70K+ in gross rent along with Planning Permitted plans for a Greg Jazyeri Designed home. A two bedroom two bath home allows for a small family rental and a vacation rental that, with close proximity to the beach and Seaside, Fl, will prove popular for the entire year. A new design is available for those interested, and the builder has build cost estimates completed. A building permit could be obtained before the end of November for a Ground Breaking in 2022. A great opportunity to gain equity on a home or improve ROI by being able to have a great home at under current market retail pricing when completed.