Beachgoers, Snowbirds & Airbnb Investors — Welcome to 12366 Ailanthus Drive, Pensacola, FL! Just 3 miles from Perdido Key Bridge and minutes from NAS Pensacola — home of the Blue Angels — this waterfront gem is a fully operational, income-producing short-term rental being sold furnished and turnkey. Nestled on a private road that dead-ends into a serene Waterview, this coastal retreat offers rare tranquility paired with high-performing rental potential. A charming limestone driveway welcomes you to the home, which features a 2022 roof, new interior flooring, and central HVAC (installed in 2020). The highlight? A spacious backyard oasis featuring a large, covered entertainment deck, covered BBQ zone, ping pong table, and a 4-person hot tub — all included and ready for guest enjoyment. Inside, enjoy a nautical-themed primary suite, secondary 3 bed bunk room, and an open-concept living/kitchen/dining space complete with an electric fireplace. Every detail, from the appliances to the décor, conveys. The washer/dryer and all furnishings stay, making this a seamless transition for investors, second-home seekers, or first-time buyers. Relax on the private deck, listen to the rain under the metal roof, or stroll the low-maintenance rock garden and walking path in the fenced backyard. This home has a proven Airbnb track record and is ideally located between downtown Pensacola and the white sands of Perdido Key Beach. Home currently uses the newly installed AT&T fiber optic network for its extremly High Speed Internet Service. Don’t miss this opportunity to own a profitable, waterfront slice of paradise in one of Florida’s most sought-after coastal communities.