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About This Home

This 4-bedroom, 3-bathroom single family at 1491 W Highway 98 in Mary Esther, FL is listed for $985,000 ($330 per sqft). Built in 1981, the home offers 2,986 sqft of living space on a 0.44 acres lot.

Agent Description

Rare opportunities like this don't come along often. Situated on 115 feet of waterfront along the Santa Rosa Sound, this one-of-a-kind property offers the perfect blend of luxury waterfront living, investment potential, & unmatched flexibility. Wake up to breathtaking sunrises, unwind with spectacular sunsets, & spend your days enjoying your privat

e dock with spacious sundeck-ideal for boating, fishing, paddleboarding, or simply taking in the view. Looking for a home that works for you? This property features a 1,200 sq. ft. private apartment above the garage with its own entrance, balcony, washer/dryer, HVAC, water heater, & security system, making it an incredible opportunity for rental income, multigenerational living, a guest retreat, or extended stays.

Inside the main home, you'll find water views throughout, a charming bay-window breakfast nook, tile flooring throughout (no carpet), & extensive updates including a full remodel, newer roof, HVAC, plumbing, & appliances for added peace of mind. Need even more flexibility?

The 400 sq. ft. office with a separate entrance offers endless possibilities as a home business, studio, private workspace, guest suite, or potential additional bedroom. Additional features include a concrete safe room, workshop, hurricane shutters, circular driveway, & abundant storage throughout the home & apartment.

Whether you're searching for a waterfront retreat, investment property, income-producing home, vacation getaway, multigenerational residence, or a place to enjoy the Florida lifestyle while offsetting your mortgage, this exceptional property checks every box. Live on the water. Generate income. Create lasting memories. This isn't just a home-it's an opportunity.

Key Features

  • Built in 1981
  • 0.44 acre lot
  • 2 stories
  • 2 parking spaces
  • Fireplace
  • Waterfront

Property Details

2 stories
3 full
2 spaces
1981

Amenities

FireplaceWaterfrontA/C

Monthly Cost Estimate

$5,268/mo

20% down · 6.5% · 30 years

Principal$712
Interest$4,268
Insurance$287

Estimates only. Actual payments may vary.

Location

1491 W Highway 98

Mary Esther, FL 32569

Features & Amenities

Exterior Features

Lawn PumpDock

Property Details

Construction

Frame

Parking

OpenGarageDriveway

Cooling

Multi UnitsCeiling Fan(s)

Appliances

Water HeaterElectric Water HeaterBuilt In MicrowaveDishwasherRefrigeratorSelf Cleaning Oven

Questions & Answers

This 4-bedroom, 3-bathroom single family at 1491 W Highway 98 is listed at $985,000 ($330/sqft). The estimated monthly payment is $4,268 based on 20% down at 6.5% interest.

Key features include: Built in 1981, 0.44 acre lot, 2 stories, 2 parking spaces, Fireplace, Waterfront. Exterior Features: Lawn Pump, Dock.

This property is listed by Michelle Whitaker and can be reached at 225 850-515-1001 or michelle.whitaker@era-american.com.

MW

Michelle Whitaker

Agent at ERA American Real Estate

225 850-515-1001

Listed by ERA American Real Estate · View on Broker Site

MLS# 684123· Source: listhub· Updated 1 days ago

Copyright © 2026 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1491 W Highway 98, Mary Esther, FL 32569

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