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  • Price$1,150,000
  • Beds2
  • Baths2
  • SQ. Feet4,952
  • Acres0.75
  • Built1949

6035 E Highway 98, Panama City

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

Essential Information

  • MLS® #759541
  • Price$1,150,000
  • Bedrooms2
  • Bathrooms2.00
  • Full Baths2
  • Square Footage4,952
  • Acres0.75
  • Year Built1949
  • TypeResidential
  • Sub-TypeDetached
  • StyleFlorida
  • StatusActive

Amenities

  • UtilitiesElectricity Connected, Sewer Available, Water Available
  • FeaturesWaterfront
  • ParkingGarage, Detached
  • # of Garages2
  • GaragesGarage, Detached
  • ViewBay
  • Is WaterfrontYes
  • WaterfrontBay Access, Shoreline - Sand, Shoreline - Natural, Waterfront

Exterior

  • Exterior FeaturesBalcony, Patio
  • Lot DescriptionWaterfront
  • RoofMetal

Additional Information

  • Date ListedJune 22nd, 2024

Community Information

  • Address6035 E Highway 98
  • Area02 - Bay County - Central
  • SubdivisionNo Named Subdivision
  • CityPanama City
  • CountyBay
  • StateFL
  • Zip Code32404

Interior

  • Interior FeaturesBeamed Ceilings, Bookcases, Split Bedrooms, Entrance Foyer, Atrium, French Door(s)/Atrium Door(s), In-Law Floorplan
  • AppliancesDishwasher, Electric Water Heater, Microwave, Refrigerator, Convection Oven, Double Oven, Gas Range
  • HeatingCentral, Electric
  • CoolingCentral Air, Ceiling Fan(s), Electric

School Information

  • ElementaryTyndall
  • MiddleRutherford Middle
  • HighRutherford

Listing Details

  • Listing OfficeCoastal Choice Realty LLC
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DISCLAIMER: 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 Source: Bay County Association Of REALTORS® Multiple Listing Service