Discover Stella Maris—a custom 5-bed, 5.5-bath Sound-front retreat in Navarre Beach's exclusive By the Sea community, now offered via co-ownership. With only eight total shares (two already committed), enjoy 6+ weeks annually in this fully furnished, designer-appointed home without full-time costs. Features include two waterfront primary suites, a gourmet kitchen, smart tech, and over 110 feet of private shoreline. Enjoy covered balconies, direct Sound access, and nearby community pool/hot tub. Walk or bike to the Gulf, local dining, and attractions. Stella Maris offers attainable luxury and a smarter second-home lifestyle. This is a fractional ownership listing: 6/8 shares are available. Enjoy 6+ weeks/year with equitable access to peak seasons - Privately selected property management: Members choose a professional manager for maintenance, scheduling, and housekeeping - Flexible rental potential: A successful short-term rental brand has already been established. If approved by member vote, owners may continue or expand vacation rental use to offset costs - Fully maintained and professionally managed: All aspects of ownership by Member