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About This Home

This 1-bedroom, 1-bathroom single family at 6135 E Highway 98 in Panama City, FL is listed for $500,000 ($556 per sqft). Built in 1992, the home offers 900 sqft of living space on a 0.75 acres lot.

Agent Description

Enjoy exceptional waterfront living on this stunning .75-acre property featuring 90 feet of beautiful East Bay shoreline in the heart of Bay County, Florida. This unique property offers approximately 800 square feet of heated and cooled studio-style living space, perfectly designed to capture breathtaking water views through expansive picture windows and showcase unforgettable sunrises each day.

The home features a spacious, attached, oversized two-car garage and a large, welcoming, open pole barn-style front porch ideal for relaxing while taking in the scenic bayfront setting. Privacy fencing offers the perfect retreat to take in the views, while a newer sprinkler system keeps your garden creations maintained.

This property offers an unbeatable lifestyle location. Sidewalks provide easy access to two nearby parks, including a public pier, walking trails, a large wooded playground, and a Frisbee golf course--all within walking distance. Directly across the street, enjoy a wide variety of restaurants, cafes, bakeries, coffee shops, and diverse dining options, including Thai, sushi, Italian, and more.

Nearby is a full-service marina that offers charter fishing excursions, waterfront dining, a tiki bar, and social gathering opportunities, creating endless recreational possibilities right outside your door. Zoned Mixed-Use, this property presents incredible opportunities beyond personal enjoyment.

Whether you envision a private waterfront retreat, short-term rental investment, multifamily development, townhomes, apartments, or up to 12 units, the development potential is substantial. Its prime frontage along Tyndall Parkway, with thousands of daily passing vehicles, also makes it an outstanding candidate for retail, hospitality, restaurant, or other commercial opportunities.

Rarely does a property combine waterfront beauty, walkable amenities, flexible mixed-use zoning, and exceptional development potential in one offering. Whether you're seeking a dream home, income-producing investment, or large-scale development opportunity, this East Bay property delivers endless possibilities.

Don't miss this rare chance to own one of Bay County's most versatile waterfront properties. Contact your favorite Realtor today to schedule a private showing or learn more. Some photos have been modified by AI. Buyer to verify any information deemed important.

Key Features

  • Built in 1992
  • 0.75 acre lot
  • Waterfront

Property Details

1 story
1 full
1992

Amenities

WaterfrontA/C

Monthly Cost Estimate

$2,674/mo

20% down · 6.5% · 30 years

Principal$362
Interest$2,167
Insurance$146

Estimates only. Actual payments may vary.

Location

6135 E Highway 98

Panama City, FL 32404

No Named Subdivision

Property Details

Construction

HardiplankType

Pool Features

Patio

Parking

Driveway

Heating

Electric (Heating)

Cooling

Central Air

Appliances

ElectricCooktopIceMaker

Questions & Answers

This 1-bedroom, 1-bathroom single family at 6135 E Highway 98 is listed at $500,000 ($556/sqft). The estimated monthly payment is $2,167 based on 20% down at 6.5% interest.

Key features include: Built in 1992, 0.75 acre lot, Waterfront.

This property is listed by Melany Hathcock and can be reached at 8506280253 or melanysellsflorida@gmail.com.

MH

Melany Hathcock

Agent at Keller Williams Success Realty

(850) 628-0253

Listed by Keller Williams Success Realty · View on Broker Site

MLS# 789794· Source: listhub· Updated 21 days ago

Copyright © 2026 Central Panhandle 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.

6135 E Highway 98, Panama City, FL 32404

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