1491 W Hwy 98, Mary Esther, FL 32569

$985,000
4
BD
3
BA
2,986
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$985,000
Price Change
▼ $15,000 1780959551
Days on Market
196
MLS#
992670
Status
ACTIVE
Type
Single Family Residential
Subtype
Detached Single Family
Bedrooms
4
Bathrooms
3
Full Bathrooms
3
Living Area
2,986
Lot Size
19,166
Neighborhood
Mary Esther/West of Hurlburt

Property Description

What if your waterfront home could help pay for itself? This rare opportunity offers 115 feet of shoreline, sweeping water views, & a versatile layout designed for both lifestyle & income potential. Whether you're searching for a primary residence, second home, or investment property, this one delivers. A newly built sundeck (2021) creates the perfect setting for boating, fishing, or sunset evenings on the water. Inside, the main home features tile flooring throughout, a bay-window breakfast nook w/ water views, full renovation in 2005-06 & extensive updates including roof, HVAC, and plumbing in 2021. The standout feature? A private 1,200 sq ft 1-bedroom apartment over the garage w/ its own entrance, balcony, HVAC, water heater, washer/dryer & security system--ideal for long-term tenants, short-term rental income, or extended family. Additional highlights include a 400 sqft office w/ separate entrance (perfect for a home business or guest suite), concrete safe room, workshop, circular driveway, newer appliances (5 yrs or newer), & abundant storage throughout. Live on the water, generate income, & maximize flexibility--all in one unique property.

Additional Information

Acres
0.44
Appliances
Dishwasher, Microwave, Range Hood, Electric Water Heater
Style
Traditional
Elementary School
Florosa
Exterior Features
Dock, Storm Security Shutters, Irrigation Pump, Sprinkler System
High School
Fort Walton Beach
Interior Features
Vaulted/Cathedral Ceilings, Fireplace(s), In-Law Arrangement, Recessed Lighting, Pantry, Split Bedroom, Washer Hookup
Legal Description
The West 114.7 ft of the East 700.0 ft of Lot 2, Section 14, Township 2 South, Range 25 West, lying south of the right-of-way of U.S. Hwy 98, Okaloosa county, Florida, and being further described by composite survey dated November, 1980, by Basil J Boles and as shown on said completed survey as the West 114.7 ft to East 700.1 ft of Government Lot 2, South of Hwy 98, Okaloosa County, Florida.
Lot Features
Bulkheaded, Flood Insurance
Middle School
Bruner
Neighborhood
Mary Esther/West of Hurlburt
Parking Features
Oversized
Stories
2
Subdivision
Metes & Bounds
Waterfront Features
Intercoastal, Sound
View
Intracoastal View, Sound
Year Built
1981
Zoning
Resid Single Family

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of ERA American Real Estate.

Vendor Member Number : 28166