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Home For Sale
1491 W Hwy 98
Mary Esther, Florida 32569
Okaloosa CountyWaterfront:
YesCommunity: METES & BOUNDS
$1,000,000
4 br, 3.0 bath
2986 sq. ft.
0.440 acres
SELLER OFFERING $5,000 CREDIT! 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.
Interior:
- Bedrooms: 4
- Baths: 3.0
- Sq Ft: 2986
- Year Built: 1981
- Utilities:
- Fireplaces: Has Fireplace
- Stories: 2
- Heat/AC:
- Garage: Oversize
Exterior:
- Lot Size: 0.440 acre
- Lot Dimensions:
- Waterfront: Yes
- View Types:
- Yard:
- Siding: Concrete, Siding CmntFbrHrdBrd, Siding Vinyl, Trim Aluminum
- Roof:
- Property Taxes: $3,920
- MLS #: 992670
Contact Information:
Listing Agent: Michelle A Whitaker, ERA American Real Estate, 850-855-8551, 850-651-2454
Listing Site, Listing Status: Active
Copyright © 2026 Emerald Coast 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.
Copyright © 2026 Emerald Coast 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.
Ad Number: 7118188
Viewed 137 times.
Updated: May 01, 2026

