Unlimited potential. You can buy a nicer house but you cannot buy a better view. Ground level home with un-obscured Gulf view. Alligator Point is the most sought-after, best-kept secret of Florida's Gulf Coast and is an oasis to the few who know how to truly kick back and relax. After a day of fishing and beach combing head down to the Tiki Bar at sunset for some frozen drinks and fried fish, as they watch the boats come in with their catch of the day. New road and bike path are under construction.