549 E 4th Court, Panama City, FL 32401
Local realty services provided by:ERA American Real Estate
Listed by: rachel hibbard
Office: golden coast real estate llc.
MLS#:1013767
Source:FL_ECAR
Price summary
- Price:$415,000
- Price per sq. ft.:$262.82
About this home
DUAL-DWELLING INCOME POTENTIAL | THE COVE MEETS DOWNTOWN PANAMA CITY
Under a majestic canopy of heritage live oaks, among the rare mature trees to stand proud through Hurricane Michael, sits this 1935 coastal cottage and fully equipped detached guest house. Blending historic Southern character with an effective build year of 2015, this property delivers the ideal mix of vintage soul, modern luxury, and unmatched flexibility. With two completely independent dwellings, the possibilities are effortless: live in the main home while generating steady rental revenue from the ADU, rent both units to maximize returns, or create the ultimate private multi-generational compound.
A vibrant red front door at the main entrance welcomes you onto the covered porch and into an airy, light-filled open floor plan highlighted by original crown molding, recessed lighting, and a painted brick fireplace. The galley kitchen boasts extensive granite counter space, crisp white cabinetry, subway tile, and stainless steel appliances. Down a subtle step-down transition, the cozy family room offers a quiet retreat overlooking the grounds. The primary retreat features a mini-split system, a walk-in wardrobe, and an ensuite bath with a double granite vanity and a wet-room bath suite, complete with a freestanding soaking tub and custom dual shower fixtures featuring an overhead waterfall fixture. Down the hall, a versatile dedicated home office includes its own closet (readily functioning as an official third bedroom or flex space), while an oversized guest bedroom, full guest bath, and separate laundry/utility room complete the main interior layout.
Set privately across the sprawling fenced backyard, the detached studio is fully autonomous. It features its own architectural metal roof, private covered porch, ADA-compliant detachable ramp, dedicated mini-split climate control, tankless water heater, full kitchen with breakfast bar island, and a newly remodeled modern walk-in tile shower.
Leave historic home worries behind: documented capital improvements include foundation work by Alpha Foundations (2026), full attic restoration (2025), a 200-Amp electrical service upgrade (2023) equipped with a dedicated smart electric vehicle charger, new concrete walkways, an 8x4 garden shed, and durable metal roofs on both structures. Modern tech and security convey seamlessly: the property includes an installed Vector Security system featuring an interior touchscreen monitor and dual exterior roofline-mounted cameras covering both the front entrance and back patio, plus eligibility to assume the sellers' rare, grandfathered high-speed Xfinity internet plan.
Tucked on a quiet street bordered by beloved neighbors on the edge of The Cove, you enjoy the close-knit camaraderie and storybook charm without sacrificing convenience. Take a golf cart ride across Massalina Bayou to watch sailboats drift against evening sunsets, explore the Panama City Marina, dine and delight in Historic Downtown Panama City's ever-growing cuisine and activity scene, or grab fresh produce at the Saturday Farmers Market, the 6th largest in the nation. Errands and commutes could not be easier with instant access to Hwy 98 and walkable neighborhood staples like CVS and Dollar General. Best of all, having Ascension Sacred Heart Hospital and the Panama City Fire Department just blocks from your door offers unmatched everyday peace of mind....
Contact an agent
Home facts
- Year built:1935
- Subdivision & Development:NO RECORDED SUBDIVISION
- Listing ID #:1013767
- Added:12 day(s) ago
- Updated:October 27, 2026 at 05:01 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:5
- Kitchen Description:Cooktop, Dishwasher, Disposal, Freezer, Ice Machine, Microwave, Refrigerator, Refrigerator/Icemaker, Stove/Oven Electric
- Living area:1,579 sq. ft.
Heating and cooling
- Central air:Yes
Structure and exterior
- Year built:1935
- Building area:1,579 sq. ft.
- Lot area:0.16 Acres
- Lot Features:Sidewalks
- Architectural Style:Florida Cottage
- Exterior Features:Fenced Area, Separate Quarters, Yard Building
Schools
- High school:Bay
- Middle school:Jinks
- Elementary school:Cherry Street
Utilities
- Water:Community Water, Public Water
- Sewer:Sewer Available
Finances and disclosures
- Price:$415,000
- Price per sq. ft.:$262.82
- Tax amount:$6,230 (2025)
Features and amenities
- Appliances:Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator w/Ice Maker, Stove/Oven Electric
- Laundry features:Dryer
- Amenities:Guest Quarters, Handicap Provisions, Lighting Track
New listings near 549 E 4th Court
- Coming Soon
$340,000Coming Soon3 beds 2 baths1,664 sq. ft.156 Candlewick Circle, Panama City, FL 32405
MLS# 796563Listed by: COLDWELL BANKER NICEVILLE - New
$374,000Active4 beds 2 baths6,970 sq. ft.11705 Poston Road, Panama City, FL 32404
MLS# 797077Listed by: WATERSOUND REAL ESTATE - New
$340,200Active3 beds 2 baths1,634 sq. ft.4328 Windsong Circle, Panama City, FL 32404
MLS# 797068Listed by: ADAMS HOMES REALTY, INC. - New
$773,047Active4 beds 3 baths2,208 sq. ft.3741 Shoreline Circle, Panama City, FL 32405
MLS# 797067Listed by: DSLD HOMES FLORIDA LLC - New
$144,900Active2 beds 2 baths840 sq. ft.3021 Altha Avenue, Panama City, FL 32405
MLS# 797063Listed by: BEYCOME OF FLORIDA LLC - New
$495,000Active1 beds 2 baths1,013 sq. ft.11347 Front Beach Road #104, Panama City, FL 32407
MLS# 797056Listed by: COASTAL VIBES LUXURY REALTY - New
$289,000Active1 beds 2 baths864 sq. ft.9900 S Thomas Drive #2009, Panama City, FL 32408
MLS# 797057Listed by: COMPASS FLORIDA, LLC - New
$870,000Active3 beds 3 baths2,032 sq. ft.3001 W 10th Street #519, Panama City, FL 32401
MLS# 797036Listed by: BLUE CORAL R E GROUP LLC - New
$365,380Active4 beds 3 baths2,005 sq. ft.4320 Windsong Circle, Panama City, FL 32404
MLS# 797040Listed by: ADAMS HOMES REALTY, INC. - New
$1,125,000Active3 beds 3 baths1,837 sq. ft.5717 Thomas Drive #A164, Panama City, FL 32408
MLS# 797046Listed by: LEGACY PREMIER AGENCY