6035 E Highway 98, Panama City, FL 32404

Local realty services provided by:ERA Neubauer Real Estate, Inc.
6035 E Highway 98,Panama City, FL 32404
$1,150,000
Virtual Tour
  • 2 Beds
  • 2 Baths
  • 4,952 sq. ft.
  • Single family
  • Pending
Listed by:dennis m dunnigan
Office:coastal choice realty llc.
MLS#:759541
Source:FL_BCMLS

Price summary

  • Price:$1,150,000
  • Price per sq. ft.:$232.23

About this home

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. Current gross income is $45,120 annually but that is without any income for the main home and one additional cottage that owner keeps vacant for friends, etc. Main home should easily rent for minimum $2000 per month and additional cottage $800-$1000, grossing over $79,000 annually as long term rentals. Mixed Use 2 (Parker) zoning. 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,

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Home facts

  • Year built:1949
  • Listing ID #:759541
  • Added:448 day(s) ago
  • Updated:September 16, 2025 at 07:07 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:4,952 sq. ft.

Heating and cooling

  • Cooling:CeilingFans, CentralAir
  • Heating:Central, Electric

Structure and exterior

  • Year built:1949
  • Building area:4,952 sq. ft.
  • Lot area:0.75 Acres

Schools

  • High school:Rutherford
  • Middle school:Rutherford Middle
  • Elementary school:Tyndall

Finances and disclosures

  • Price:$1,150,000
  • Price per sq. ft.:$232.23
  • Tax amount:$2,208 (2023)
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