1491 W Highway 98, Mary Esther, FL 32569

$1,000,000
  • 1491 W Highway 98, Mary Esther, FL 32569 Main Photo

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Active Price Reduced by $20,000 on May 1st, 2026
BEDS4 BATHS3 full SQUARE FEET2,986 MLS#992670
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONMETES BOUNDS

Property Description

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.

1491 W Highway 98 | MLS# 992670

This single family home located at 1491 W Highway 98, Mary Esther, FL 32569 is currently listed for sale with an asking price of $1,000,000. This property was built in 1981 and has 4 bedrooms and 3 full baths with 2986 sq. ft. W Highway 98 is located in the METES BOUNDS subdivision. Search METES BOUNDS real estate on themoatsgroup.premierfl.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Ceiling Fans
Garage: 2 car attached
Home Style: Traditional
Lot Size: 0.44 Acres
Stories: 2.0
Taxes: $3,920
Year Built: 1981

Feature Descriptions

Appliances: Dishwasher, Microwave, Range Hood, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Water Heater - Elect
Days on Site: 115
Exterior: Dock, Hurricane Shutters, Lawn Pump, Sprinkler System
Exterior: Concrete, Siding CmntFbrHrdBrd, Siding Vinyl, Trim Al
Financing Terms: Conventional, FHA
Flooring: Floor Tile
Interior: Ceiling Vaulted, Fireplace, Guest Quarters, Lighting Recessed, Pantry, Split Bedroom, Washer/Dryer Hookup
Lot: Bulkhead/Seawall, Flood Insurance Req
Lot Dimensions: 114.7 x 192.76 x 123 x 149.55
Parcel Number: 14-2S-25-0000-0020-0000
Parking: Oversized
Patio/Porch: Patio Covered
Property Condition: Construction Complete
Road Frontage: County Road, State Road
Road Surface: Paved
Rooms Total: 11
Sewer: Public Sewer
Special View Info: Sound
Sub Type: Detached Single Family
Utilities: Public Water
Waterfront: Intracoastal Wtrwy, Sound
Window: Window Bay, Window Treatmnt Some, Double Pane Windows

Room Sizes

Living Room: 14 X 18 Level - First
Dining Room: 14 X 15 Level - First
Kitchen: 14 X 9 Level - First
Primary Bedroom: 16 X 11 Level - First
Bedroom: 13 X 17 Level - First
Bedroom: 16 X 11 Level - First
Office: 14 X 19 Level - First
Primary Bedroom: 12 X 23 Level - Second
Living Room: 12 X 24 Level - Second
Dining Area: 8 X 8 Level - Second
Kitchen: 8 X 16 Level - Second

Local Schools

High School: Fort Walton Beach
Middle School: Bruner
Elementary School: Florosa

Listed By / Shown By

Listed By

Agency Name: ERA American Real Estate

Shown By

Agent Name: The Moats Group
Agent Phone: (601) 270-6435
Agency Title: Premier Property Group

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Estimated Payment

$ 2,843.90 per month $2,225.57 Principal & Interest $326.67 Property Tax $291.67 Homeowner's Insurance

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