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6035 E Highway 98

Panama City, FL 32404
  • $1,150,000
  • STATUS: Active
  • ON SITE: 218 Days
  • MLS #: 759541
UPDATED: 62 min ago
$1,150,000
  • 2
    BEDS
  • 0.75
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 4,952
    SQFT
  • $232
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1949
County:
Bay

School Information

Elementary School:
Middle School:
High School:

Description

Exceptionally Unique Bayfront Property with Tons of Investment Potential! Picturesquely situated on a 0.75-acre parcel with a gorgeous white sandy beaches and emerald waters, this rarely available property impresses with 6 rental units (four cottages and a duplex), along with a beautiful main home. Approaching the property, you immediately notice the fabulous Floridian aesthetic with lavish verdant greenery, swaying palms, and multiple outdoor spaces. Lovingly owned by a devoted artist, the residences are adorned with whimsical touches, evoking an ethereal quality. Explore the 2+BR main home to discover an openly flowing layout, wood beamed ceilings, stunning wood accents, spacious living room with a wood burning fireplace and stone wall accent, elegant formal dining area, and an eat-in kitchen featuring a stainless-steel double oven and cooktop, ample cabinets, granite countertops, microwave, dishwasher, and a breakfast area. Each bedroom varies in size for versatile accommodations, while the two art studios and library satisfy a variety of lifestyle-specific flex space needs. Unlimited entertainment options abound in the scenic backyard. Fashioned with an enormous deck, the outdoor space beckons weekend barbeques, summer birthday bashes, or quiet morning meditations. Equally charming as it is captivating, the sandy beach is the ideal place to find blissful relaxation and memorable conversations with loved ones. So many watersports such as kayaking, paddleboarding, jet skis and so much more right from your own personal shoreline. The six rental units offer unlimited income potential either as long term rentals, or AirBNB. This property is also located right next to Tyndall Air Force Base offering another large opportunity for people needing a rental property. Additional considerations include available open parking areas at each rental and for the home as well as a 2 car detached garage for the home. laundry area, luminous atrium, custom pergola, all this just steps from Flyby Coffee and Pizzeria Napoli, near shopping, restaurants, schools, Under the Oaks Park, marinas, entertainment, and recreational areas, public boat ramp and so much more! Whether you are a savvy homebuyer or a seasoned investor, this incredible property delivers a multitude of possibilities for daily living and positive cashflow. Call now to schedule your private showing! Mixed Use 2 (Parker) zoning.Rental Units:Duplex 1200 sq ft 3/2Cottage 1 516 sq ft 2/1Cottage 2 516 sq ft 2/1Cottage 3 516 sq ft 2/1Cottage 4 468 sq ft 2/1

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© 2025 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Abbott Martin Group | eXp Realty. Data last updated: 2025-02-08T00:04:01.223.
www.floridagulfcoastsales.com/homes/152312066
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6035 E Highway 98 Panama City, FL 32404

  • Price: $1,150,000
  • Status: Active
  • On Site: 218 Days
  • Updated: 62 min ago
  • MLS #: 759541
2
Beds
2
Baths
0
½ Baths
0.75
Acres
4,952
SQFT
$232
$/SQFT
1949
Built
Neighborhood:
No Named Subdivision
County:
Bay
Area:
Bay County-Central
Elementary School:
Tyndall
Middle School:
Rutherford Middle
High School:
Rutherford
Property Description
Exceptionally Unique Bayfront Property with Tons of Investment Potential! Picturesquely situated on a 0.75-acre parcel with a gorgeous white sandy beaches and emerald waters, this rarely available property impresses with 6 rental units (four cottages and a duplex), along with a beautiful main home. Approaching the property, you immediately notice the fabulous Floridian aesthetic with lavish verdant greenery, swaying palms, and multiple outdoor spaces. Lovingly owned by a devoted artist, the residences are adorned with whimsical touches, evoking an ethereal quality. Explore the 2+BR main home to discover an openly flowing layout, wood beamed ceilings, stunning wood accents, spacious living room with a wood burning fireplace and stone wall accent, elegant formal dining area, and an eat-in kitchen featuring a stainless-steel double oven and cooktop, ample cabinets, granite countertops, microwave, dishwasher, and a breakfast area. Each bedroom varies in size for versatile accommodations, while the two art studios and library satisfy a variety of lifestyle-specific flex space needs. Unlimited entertainment options abound in the scenic backyard. Fashioned with an enormous deck, the outdoor space beckons weekend barbeques, summer birthday bashes, or quiet morning meditations. Equally charming as it is captivating, the sandy beach is the ideal place to find blissful relaxation and memorable conversations with loved ones. So many watersports such as kayaking, paddleboarding, jet skis and so much more right from your own personal shoreline. The six rental units offer unlimited income potential either as long term rentals, or AirBNB. This property is also located right next to Tyndall Air Force Base offering another large opportunity for people needing a rental property. Additional considerations include available open parking areas at each rental and for the home as well as a 2 car detached garage for the home. laundry area, luminous atrium, custom pergola, all this just steps from Flyby Coffee and Pizzeria Napoli, near shopping, restaurants, schools, Under the Oaks Park, marinas, entertainment, and recreational areas, public boat ramp and so much more! Whether you are a savvy homebuyer or a seasoned investor, this incredible property delivers a multitude of possibilities for daily living and positive cashflow. Call now to schedule your private showing! Mixed Use 2 (Parker) zoning.Rental Units:Duplex 1200 sq ft 3/2Cottage 1 516 sq ft 2/1Cottage 2 516 sq ft 2/1Cottage 3 516 sq ft 2/1Cottage 4 468 sq ft 2/1
Exterior Features

Architectural Style Florida Attached Garage YN No Exterior Features Balcony Patio Garage YN Yes Lot Features Waterfront Other Structures Garage(s) Guest House Pergola Patio And Porch Features Balcony Covered Open Patio Porch Road Frontage Type Highway Road Surface Type Paved Roof Metal View Bay View YN Yes

Interior Features

Appliances Convection Oven Double Oven Dishwasher Electric Water Heater Gas Range Microwave Refrigerator Cooling Central Air Ceiling Fan(s) Electric Cooling YN Yes Entry Level 1 Furnished Unfurnished Heating Central Electric Heating YN Yes Interior Features Atrium Beamed Ceilings Bookcases French Door(s) / Atrium Door(s) In- Law Floorplan Split Bedrooms Entrance Foyer Parking Features Detached Garage Rooms Garage (First Level) Other (First Level) Foyer (First Level) Dining Room (First Level) Library (First Level) Studio (First Level) Studio (First Level) Bedroom (First Level) Bedroom (First Level) Kitchen (First Level) Family Room (First Level) Great Room (First Level)

Property Features

Association YN No Community Features Short Term Rental Allowed Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Conventional Lot Size Dimensions 86x380 Occupant Type Occupied Property Attached YN No Property Sub Type Detached Property Sub Type Additional Detached Single Family Residence Special Listing Conditions Listed As- Is Tax Annual Amount 2208 Tax Year 2023 Utilities Electricity Connected Water Available Waterfront Features Bay Access Shoreline - Sand Shoreline - Natural Waterfront Waterfront YN Yes Zoning Description Mixed Use Resid Multi- Family

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Coastal Choice Realty LLC: (850) 215-4160. Listing information © 2025 Central Panhandle Association of Realtors MLS.


© 2025 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Abbott Martin Group | eXp Realty. Data last updated: 2025-02-08T00:04:01.223.
 
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