4480 East Highway 98

Panama City, FL 32404

$2,200,000
Price
20
Beds
15
Baths
9,720 Sq. Ft.
$226 / Sq. Ft.
9,720
Sq. Ft.
$226
per Sq. Ft.

Description

RARE opportunity to own 10(TEN) 2 bedroom/ 1.5 bath townhomes complete with an additional parcel! Each unit has a separate address and meter making it EASY to manage. Currently used as a mixture of short term rentals, mid-term rentals, staff housing and storage. The proximity to Tyndall AFB, Mexico Beach, Panama City and Panama City Beach make this a DON'T MISS. Owner financing may be an option with a sizable down payment and agreeable terms. Do not disturb guests/tenants. Buyer to verify all information...RARE opportunity to own 10(TEN) 2 bedroom/ 1.5 bath townhomes complete with an additional parcel! Each unit has a separate address and meter making it EASY to manage. Currently used as a mixture of short term rentals, mid-term rentals, staff housing and storage. The proximity to Tyndall AFB, Mexico Beach, Panama City and Panama City Beach make this a DON'T MISS. Owner financing may be an option with a sizable down payment and agreeable terms. Do not disturb guests/tenants. Buyer to verify all information deemed important. Most furnishings convey. Photos are from one unit. Floor plans are same but furnishings and finishes vary.
  1. Listed by Katy Pinson • Beach Babes Realty LLC

Property Details for 4480 East Highway 98

Waterfront
No
Subdivision Name
Horne Memory Plat
Zoning Description
Resid Multi-Family
LISTING UPDATED: 09/30/2024 12:01 PM

Property Details for 4480 East Highway 98

StatusActive
MLS #754439
Days on Market166
Taxes$5,488 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential / Multi Family / Multi Family
Year Built1983
Lot Size0.41 AC / 17,850 SF
CountyBay County

Building Information for 4480 East Highway 98

Stories-Residences-Year Built1983Building Size-Lot Size0.41 AC / 17,850 SF

Property Information for 4480 East Highway 98

Summary
Location and General Information
  • City: Panama City
  • County Or Parish: Bay
  • Directions: Hwy 98 E from Panama City towards Tyndall AFB. Property is on the right
  • Postal Code: 32404
  • Latitude: 30.130678
  • Longitude: -85.610901
  • State Or Province: FL
  • MLS Area Major: 02 - Bay County - Central
  • MLS Area Minor: 0202 - Bay - Central SE
Taxes and HOA Information
  • Parcel Number: 25741-002-000
  • Association: No
  • Tax Annual Amount: $5,488.00
  • Tax Legal Description: HORNE MEMORY PLAT (2.21) 119C1 BEG SW COR LOT 2 THENCE NELY 207.43' NWLY 83.89' SWLY 197.04' SELY 81.57' TO POB TOGETHER WITH 20' ESMNT FOR INGRESS/EGRESS BLK 6 **ALSO** BEG 207.75' NWLY OF SW COR LOT 2 BLK 6 TO SLY R/W LI US HWY 98 & 21.24' E ALG R/W FOR POB TH CONT E 153.90' SELY 2.92' SWLY 37.90' ALG CURVE TH SWLY 102.66' TH NWLY ALG CURVE 33.79' NWLY 73.9
  • Tax Year: 2023
School Information
  • Elementary School: Parker
  • High School: Rutherford
  • Middle Or Junior School: Rutherford Middle
Parking
  • Garage: No
Property
Lot Information
  • Lot Size Dimensions: 85x210
  • Living Area: 9720.0
  • Living Area Source: Appraiser
Property and Assessments
  • Year Built: 1983
  • Human Modified: No
Utilities
  • Utilities: Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Community Features: Short Term Rental Allowed
Interior Features
  • Bathrooms Full: 15
  • Bathrooms Total: 15
  • Bedrooms Total: 20
  • Furnished: Partially
Room Information
Room 1
  • Room Area: 156.0
  • Room Dimensions: 12 x 13
  • Room Length: 12.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 13.0
Room 2
  • Room Area: 156.0
  • Room Dimensions: 12 x 13
  • Room Length: 12.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 13.0
Room 3
  • Room Area: 156.0
  • Room Dimensions: 12 x 13
  • Room Length: 12.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 13.0
Room 4
  • Room Area: 156.0
  • Room Dimensions: 12 x 13
  • Room Length: 12.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 13.0
Room 5
  • Room Area: 156.0
  • Room Dimensions: 12 x 13
  • Room Length: 12.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 13.0
Room 6
  • Room Area: 156.0
  • Room Dimensions: 12 x 13
  • Room Length: 12.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 13.0
Room 7
  • Room Area: 252.0
  • Room Dimensions: 18 x 14
  • Room Length: 18.0
  • Room Level: Second
  • Room Type: Primary Bedroom
  • Room Width: 14.0
Room 8
  • Room Area: 252.0
  • Room Dimensions: 18 x 14
  • Room Length: 18.0
  • Room Level: Second
  • Room Type: Primary Bedroom
  • Room Width: 14.0
Room 9
  • Room Area: 270.0
  • Room Dimensions: 18 x 15
  • Room Length: 18.0
  • Room Level: Second
  • Room Type: Primary Bedroom
  • Room Width: 15.0
Room 10
  • Room Area: 252.0
  • Room Dimensions: 18 x 14
  • Room Length: 18.0
  • Room Level: Second
  • Room Type: Primary Bedroom
  • Room Width: 14.0
Room 11
  • Room Area: 252.0
  • Room Dimensions: 18 x 14
  • Room Length: 18.0
  • Room Level: Second
  • Room Type: Primary Bedroom
  • Room Width: 14.0
Room 12
  • Room Area: 252.0
  • Room Dimensions: 18 x 14
  • Room Length: 18.0
  • Room Level: Second
  • Room Type: Primary Bedroom
  • Room Width: 14.0
Room 13
  • Room Area: 156.0
  • Room Dimensions: 12 x 13
  • Room Length: 12.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 13.0
Room 14
  • Room Area: 156.0
  • Room Dimensions: 12 x 13
  • Room Length: 12.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 13.0
Room 15
  • Room Area: 156.0
  • Room Dimensions: 12 x 13
  • Room Length: 12.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 13.0
Room 16
  • Room Area: 156.0
  • Room Dimensions: 12 x 13
  • Room Length: 12.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 13.0
Room 17
  • Room Area: 252.0
  • Room Dimensions: 18 x 14
  • Room Length: 18.0
  • Room Level: Second
  • Room Type: Primary Bedroom
  • Room Width: 14.0
Room 18
  • Room Area: 252.0
  • Room Dimensions: 18 x 14
  • Room Length: 18.0
  • Room Level: Second
  • Room Type: Primary Bedroom
  • Room Width: 14.0
Room 19
  • Room Area: 252.0
  • Room Dimensions: 18 x 14
  • Room Length: 18.0
  • Room Level: Second
  • Room Type: Primary Bedroom
  • Room Width: 14.0
Room 20
  • Room Area: 252.0
  • Room Dimensions: 18 x 14
  • Room Length: 18.0
  • Room Level: Second
  • Room Type: Primary Bedroom
  • Room Width: 14.0
Rental
Rental Information
  • Occupant Type: Occupied

Property History for 4480 East Highway 98

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4480 East Highway 98

Taxable ValueLand$68,007Additions$459,939Total$527,946
Tax Record2023$5,488 ($457 / month)
Home Facts
Beds2Total Finished SqFt972 SqFtAbove Grade Finished SqFt972 SqFtStories2Lot Size23,043 SqFtStyleTownhouseYear Built1983CountyBAYAPN25741-002-000

Schools near 4480 East Highway 98

This home is within Bay.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 12
Public - PK to 12
Rating
School
Distance
Parker Elementary School
PublicPK to 5

Everitt Middle School
Public6 to 8

Rutherford High School
Public6 to 12

Margaret K. Lewis In Millville
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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4480 East Highway 98 is a multi-family home for sale in Panama City, FL 32404. This property was listed for sale on March 18, 2024 by Beach Babes Realty LLC, it's currently listed at $2,200,000. It has been on the market for a total of 166 days and was last sold on July 7, 2014. This listing's school district is Bay. Nearby schools include Parker Elementary School, Everitt Middle School and Rutherford High School. 4480 East Highway 98 is a 20-bed, 15-bath, 9,720 sqft multi-family home built in 1983.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Beach Babes Realty LLC

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.