The problem of detecting point like targets over a glistening surface is investigated in this manuscript, and the design of an optimal waveform through a two-step process for a multipath exploitation radar is proposed. In the first step, a non-adaptive waveform is transmitted and a constrained Generalized Likelihood Ratio Test (GLRT) detector is deduced at reception which exploits multipath returns in the range cell under test by modelling the target echo as a superposition of the direct plus the multipath returns. Under the hypothesis of heterogeneous environments, thus by assuming a compound-Gaussian distribution for the clutter return, this latter is estimated in the range cell under test through the secondary data, which are collected from the out-of-bin cells. The Fixed Point Estimate (FPE) algorithm is applied in the clutter estimation, then used to design the adaptive waveform for transmission in the second step of the algorithm, in order to suppress the clutter coming from the adjacent cells. The proposed GLRT is also used at the end of the second transmission for the final decision. Extensive performance evaluation of the proposed detector and adaptive waveform for various multipath scenarios is presented. The performance analysis prove that the proposed method improves the Signal-to-Clutter Ratio (SCR) of the received signal, and the detection performance with multipath exploitation.