6135 E Highway 98, Panama City, FL 32404 (MLS# 789794)

List Price/SqFt: 555.56

Status: Active

List Date: 2026-05-11

List Price: $500,000

Current Price: $500,000

Sub Area: 0202 - Bay - Central SE

Community/Resort: None

Waterfront: Yes

Gulf Access: Yes

Elementary School: Parker

Middle School: Rutherford

High School: Rutherford

Directions: Heading to TAFB from PCB, just pass Under The Oaks Park to the left, drive .8 of a mile, and you will see a sign Pelican Manner this 2935 HWY 98 E is at that sign.

Area: 02 - Bay County - Central

Street #: 6135

Street Direction: E

Street Name: Highway 98

State: FL

Zip Code: 32404

County: Bay

Subdivision: No Named Subdivision

Parcel ID: 26224-000-000

Legal Description: BLACKSHEAR-COOPER 1ST ADD (5.01) LOT 5 & NLY 1/2 LOT 6 ORB 851 P 793

Acreage: 0.75

Design: Beach House

Lot Size (SqFt): 32670

Apx SqFt(Htd/Cooled): 900

Construction Status: Construction Complete

SqFt Source: Agent Measured

# of Stories in Building: 1

Lot Dimensions: 90 x 365

New Construction: No

Garage Y/N: Yes

Garage Spaces: 2

Pool: No

Sub-Type: Detached Single Family

Bedrooms: 1

Full Baths: 1

Total Baths: 1

Year Built: 1992

HOA Fee: No

New Buyer Fee: No

Last Taxes: 2800

Last Tax Year: 2025

Brokerage Interest: No Interest

Remarks: 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, a large, welcoming open pole barn-style front porch ideal for relaxing while taking in the scenic bayfront setting. A private hot tub tucked behind metal privacy fencing offers the perfect retreat to take in the views, while a newer sprinkler system keeps the garden ideas maintained and landscaping thriving along the circular driveway. Beyond the home itself, 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. Also nearby, a full-service marina 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 ventures. 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. Some photos have been modified by AI. Buyer to verify any information deemed important.

First: 1

First: 1

Cooktop - Electric: 1

Dishwasher: 1

Freezer: 1

Ice Maker: 1

Refrigerator: 1

Ceiling - Cathedral: 1

Lighting - Recessed: 1

Foundation - Slab on Grade: 1

Roof - Metal: 1

Trim - Hardie Board: 1

Patio Covered: 1

Shore - Beach: 1

Shore - Natural: 1

Waterfront Feet: 90

Pole Barn: 1

Workshop: 1

Cash: 1

Other: 1

Unfurnished: 1

First: 1

First: 1

Cleared: 1

Landscaped: 1

Sidewalk: 1

Waterfront: 1

State Highway: 1

Driveway: 1

Circular Driveway: 1

Mixed Use: 1

Covered Porch: 1

Garage: 1

Kitchen: 1

Living Room: 1

ShowingTime: 1

Electricity - Connected: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

Bay: 1

Bay/Harbor: 1

Central Air: 1

Electric: 1