Headshot for Associate Michelle Hill
  1. Michelle Hill, ABR,AHWD,PA,PSA,REALTOR ®,SFR
  2. Tropic Shores Realty
  3. Mobile: 352.247.2177
6035 Highway 98, Panama City, FL 32404
  • MLS#: 759541 ( Residential )
  • Street Address: 6035 Highway 98
  • Viewed: 59
  • Price: $1,150,000
  • Price sqft: $0
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: BayAccess,ShorelineSand,ShorelineNatural,Waterfront
  • Year Built: 1949
  • Bldg sqft: 0
  • Bedrooms: 2
  • Total Baths: 2
  • Full Baths: 2
  • Garage / Parking Spaces: 2
  • Days On Market: 224
  • Additional Information
  • Geolocation: 30.1154 / -85.5976
  • County: BAY
  • City: Panama City
  • Zipcode: 32404
  • Subdivision: No Named Subdivision
  • Elementary School: Tyndall
  • Middle School: Rutherford Middle
  • High School: Rutherford
  • Provided by: Coastal Choice Realty LLC
  • DMCA Notice
  • 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
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Features
Possible Terms
  1. Cash
  2. Conventional
Waterfront Description
  1. BayAccess
  2. ShorelineSand
  3. ShorelineNatural
  4. Waterfront
Appliances
  1. ConvectionOven
  2. DoubleOven
  3. Dishwasher
  4. ElectricWaterHeater
  5. GasRange
  6. Microwave
  7. Refrigerator
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. CentralAir
  2. CeilingFans
  3. Electric
Covered Spaces
  1. 0.00
Exterior Features
  1. Balcony
  2. Patio
Furnished
  1. Unfurnished
Garage Spaces
  1. 2.00
Heating
  1. Central
  2. Electric
High School
  1. Rutherford
Insurance Expense
  1. 0.00
Interior Features
  1. Atrium
  2. BeamedCeilings
  3. Bookcases
  4. FrenchDoorsAtriumDoors
  5. InLawFloorplan
  6. SplitBedrooms
  7. EntranceFoyer
Legal Description
  1. 25 4S 14W -6- MAP 120A BEG 383.2' SWLY OF INT OF N LINE SEC & ELY R/W SR 10 FOR POB TH SWLY 86.4' SELY 353.7' NELY 86.4' NWLY 353.7' TO POB ORB 525 P 737
Living Area
  1. 4952.00
Lot Features
  1. Waterfront
Middle School
  1. Rutherford Middle
Area Major
  1. 02 - Bay County - Central
Net Operating Income
  1. 0.00
Occupant Type
  1. Occupied
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Other Structures
  1. Garages
  2. GuestHouse
  3. Pergola
Parcel Number
  1. 26192-000-000
Parking Features
  1. Detached
  2. Garage
Pet Deposit
  1. 0.00
Property Type
  1. Residential
Road Frontage Type
  1. Highway
Roof
  1. Metal
School Elementary
  1. Tyndall
Security Deposit
  1. 0.00
Style
  1. Florida
Tax Year
  1. 2023
The Range
  1. 0.00
Trash Expense
  1. 0.00
Utilities
  1. ElectricityConnected
  2. WaterAvailable
View
  1. Bay
Views
  1. 59
Virtual Tour Url
  1. https://media.frontdoorphoto.com/sites/zejrjgx/unbranded
Year Built
  1. 1949
Liked Listings
Headshot for Associate Michelle Hill
  1. Michelle Hill, ABR,AHWD,PA,PSA,REALTOR ®,SFR
  2. Tropic Shores Realty
  3. Mobile: 352.247.2177