6035 E Highway 98 Active

Panama City,FL 32404

$ 1150000

2 Beds

2 Baths

4952 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 4,952 sqft

Price per Sqft $232

Subdivision No Named Subdivision

MLS Listing ID 759541

Style Florida

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 1949

Annual Tax Amount $2,208

Tax Year 2023

Lot Size 0.750 Acres

Acres 0.75

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

Location

State FL

County Bay

Community Short Term Rental Allowed

Area 02 - Bay County - Central

Interior

Interior Features Atrium,Beamed Ceilings,Bookcases,French Door(s)/Atrium Door(s),In-Law Floorplan,Split Bedrooms,Entrance Foyer

Heating Central,Electric

Cooling Central Air,Ceiling Fan(s),Electric

Furnishings Unfurnished

Fireplace No

Appliance Convection Oven,Double Oven,Dishwasher,Electric Water Heater,Gas Range,Microwave,Refrigerator

Exterior

Exterior Feature Balcony,Patio

Parking Features Detached,Garage

Garage Spaces 2.0

Garage Description 2.0

Community Features Short Term Rental Allowed

Utilities Available Electricity Connected,Water Available

Waterfront Description Bay Access,Shoreline - Sand,Shoreline - Natural,Waterfront

View Y/N Yes

Water Access Desc Bay Access,Shoreline - Sand,Shoreline - Natural,Waterfront

View Bay

Roof Type Metal

Porch Balcony,Covered,Open,Patio,Porch

Building

Lot Description Waterfront

Architectural Style Florida

Additional Building Garage(s),Guest House,Pergola

Schools

Elementary Schools Tyndall

Middle Schools Rutherford Middle

High Schools Rutherford

Others

Tax ID 26192-000-000

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Listed As-Is

View More
Favorite Go Tour