Rare Investment Opportunity on Hatteras Island! This completely refurbished, CANAL FRONT home is the ultimate opportunity for versatility. Three separate units make up the total 2,272 sq. ft of living space. Wonderfully sited on a DOUBLE LOT, and located in the coveted boating community of Palmetto Shores. The top Floor Unit features 3 bedrooms (One Primary) and 2 bathrooms, highlighting a wonderful original tongue and groove ceiling with phenomenal water views from every room. The functional open concept features a massive great room, a freshly renovated chef's kitchen that's perfect for entertaining; boasting stainless steel appliances, ample counter space, custom island with bar seating, and chic over bar lighting. Enjoy the breathtaking sunset from a large dining table or dine in the sunroom area with panoramic sound and canal views. The Primary bedroom is equipped with sliding barn doors to the EnSuite bath boasting a custom tile shower. On the ground floor you will find another independent unit with 2 bedrooms, one full bath, updated kitchenette, and quaint living area. In addition, there is a THIRD unit on this level consisting of a single Primary bedroom with bath. The laundry area is common space for all 3 units to share, also located on the ground level with access to additional storage. The exterior offers an outside shower, plentiful decks for gathering, sun bathing or enjoy time on the 120 + foot bulkheaded dock with lift for fishing or just taking in the breathtaking views. If you're looking for rental potential and are a water enthusiast look no more. Original owners who loving maintain inside and out.