A stately coastal retreat where timeless Mediterranean elegance meets effortless beachside living in the heart of Seacrest Beach. Offering four bedrooms and four baths across two gracious stories, this residence is wrapped in soft white stucco beneath a standing-seam metal roof, captivating from the curb with its arched colonnade, hand-finished stone balustrades, and a canopy of swaying palms. Step inside to sun-filled living spaces defined by soaring ceilings, arched transom windows, and warm hardwood floors. At the heart of the home, a gourmet kitchen dazzles with crisp white cabinetry and a shimmering crystal chandelier. A coveted main-floor primary suite offers single-level convenience and privacy, complete with a spa-inspired bath. Three additional well-appointed bedrooms offer serene retreats, while four spa-inspired baths showcase marble vanities, deep soaking tubs, and refined designer fixtures. An additional flex space, thoughtfully configured as a sleeping room, enhances the home's accommodation capacity and is currently utilized as a fifth sleeping area for rental purposes. Tiled balconies and a gracious covered loggia blur the line between indoors and out -- perfect for morning coffee or sunset gatherings. A proven income producer, this residence grossed $141,000 in rental revenue in 2025 and is projected to reach $162,000 this year -- a testament to its enduring appeal and strong earning potential. Beyond the residence itself, the generously proportioned homesite presents a rare opportunity for future enhancement, with space suitable for a private pool, carriage house, or both, subject to applicable approvals. Set within one of 30A's most coveted communities, Seacrest Beach offers an unrivaled resort lifestyle anchored by its legendary 12,000-square-foot lagoon pool -- one of the largest in Florida -- complete with cascading waterfalls, a fountain, children's splash area, and poolside snack bar. Residents enjoy seasonal tram service to the sugar-white sand, deeded beach access, more than a mile of shaded walking trails, and a grassy amphitheater hosting concerts and festivals year-round. Just minutes from the boutiques and dining of Rosemary Beach and Alys Beach, 428 Beach Bike Way is a rare harmony of sophistication, comfort, and coastal charm -- Emerald Coast living at its very finest.