1491 W Highway 98, Mary Esther, FL

$980,000

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4

Beds

3

Baths

2,986

Square feet

0.44

Acres

About 1491 W Highway 98

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 private 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.

Features of 1491 W Highway 98

MLS® # 684123
Price $980,000
Bedrooms 4
Bathrooms 3.00
Full Baths 3
Square Footage 2,986
Acres 0.44
Year Built 1981
Type Residential
Sub-Type Single Family Residence
Style Traditional
Status Active

Community Information

Address 1491 W Highway 98
Subdivision None
City Mary Esther
County Okaloosa
State FL
Zip Code 32569

Amenities

Parking Spaces 2
Parking 2 Car Garage, Circular Driveway, Garage Door Opener
# of Garages 2
View Sound
Is Waterfront Yes
Waterfront Intracoastal Waterway, Sound, Waterfront, Beach Access
Has Pool No
Pool None

Interior

Interior Features Ceiling Fan(s), Attached Self Contained Living Area, Office/Study
Appliances Water Heater, Electric Water Heater, Built In Microwave, Dishwasher, Refrigerator, Self Cleaning Oven
Heating Multi Units
Cooling Multi Units, Ceiling Fan(s)
Fireplace Yes
Fireplaces Electric
# of Stories 2
Stories Two
Has Basement No

Exterior

Exterior Features Lawn Pump, Dock
Windows Double Pane Windows, Shutters
Roof Shingle
Foundation Slab
Structure Style Traditional

School Information

Elementary Local School In County
Middle LOCAL SCHOOL IN COUNTY
High Local School In County

Additional Information

Zoning Mixed Residential Subdiv
Foreclosure No
Short Sale No
HOA Fees Freq. Annually

Listing Map

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