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  • Price$515,000
  • Beds6
  • Baths4
  • SQ. Feet3,976
  • Acres1.70
  • Built1973

3049 Highway 98, MARY ESTHER

Investor's Dream! 1.7 acres zoned residential/ commercial!Welcome to this incredible opportunity for savvy investors looking to turn a diamond in the rough into a profitable gem! Situated right on Highway 98, this 3976 sq. ft. property offers immense potential for those who love renovation projects and seek to maximize returns from rental homes.Spacious layout, Main House is three bedrooms two baths with sunroom and workout/office room. Above garage apartment with two bedrooms and one bath, along with a separate studio apartment behind the main house.An electrical rewire, plumbing update and renovation of the main home was completed in 2014, ensuring a solid foundation for your renovation vision.Gas Lines were installed in 2023, gas lines were run to the home, providing additional options for heating and appliances. The main home bathrooms have been primed and prepped as a blank canvas for your personal touch and remodel, allowing you to customize the space to your liking. This property presents an excellent opportunity to add value through strategic renovations and capitalize on the rental income potential. Whether you're an experienced investor or someone looking to generate revenue in the real estate market, this project offers a chance to create a lucrative investment in a prime location. Buyer or buyer's agent should verify all pertinent information. Don't miss out on this chance to bring your vision to life. Schedule a viewing today before this opportunity is gone! Contact us now to schedule your personal tour!

Essential Information

  • MLS® #955424
  • Price$515,000
  • Bedrooms6
  • Bathrooms4.00
  • Full Baths4
  • Square Footage3,976
  • Acres1.70
  • Year Built1973
  • TypeResidential
  • Sub-TypeDetached Single Family
  • StyleTraditional
  • StatusActive

Amenities

  • UtilitiesElectric Available, Phone Available, Public Water Available, TV Cable Available, Community Sewer, Lift Station
  • Parking Spaces1
  • ParkingGarage: Attached
  • # of Garages1
  • PoolCommunity, Private

Exterior

  • ExteriorFrame, Roof Dimensional Shingle, Foundation Slab On Grade, Siding Stucco
  • Exterior FeaturesBalcony, BBQ Pit/Grill, Deck Covered, Fenced Back Yard, Fenced Chain Link, Patio Open, Columns, Fenced Lot-Part, Guest Quarters, Renovated, Separate Bldg Rent, Separate Living Area
  • Lot DescriptionWithin 1/2 Mile Of Water, Additional Land Available
  • WindowsDouble Paned Windows, Tinted Windows
  • RoofRoof Dimensional Shingle
  • ConstructionFrame
  • FoundationFoundation Slab On Grade

Additional Information

  • Days on Website1
  • ZoningResidential Single Family, Commercial
  • HOA Fees0.00

Community Information

  • Address3049 Highway 98
  • AreaFort Walton Beach
  • SubdivisionWYNNEHAVEN BEACH ESTATES
  • CityMARY ESTHER
  • CountyOKALOOSA
  • StateFL
  • Zip Code32569

Interior

  • Interior FeaturesBreakfast Bar, Ceiling Cathedral, Fireplace, Floor Hardwood, Floor Tile, Washer/Dryer Hookup, Lighting Track, Renovated, Shelving, Wet Bar
  • AppliancesDishwasher, Disposal, Dryer, Ice Machine, Microwave, Oven:Self Cleaning, Refrigerator W/Ice Maker, Smooth Stovetop Rnge, Washer, Wine Refrigerator, Freezer
  • HeatingHeat: Central Electric, Heat High Efficiency
  • CoolingA/C: Two Or More, A/C: Central Electric, Ceiling Fans, A/C: High Efficiency, Water Heater - Two +
  • FireplaceYes
  • FireplacesFireplace
  • # of Stories2

School Information

  • ElementaryFLOROSA
  • MiddleBRUNER
  • HighFORT WALTON BEACH

Listing Details

  • Listing OfficeThe Premier Property Group
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