Recently Viewed Properties
See This Home
Save This Listing
Close

$1,750,000

  • Sold
  • Closed
  • Multi-Family
See This Home
Save This Home
See This Home
Save This Home
RARE opportunity to own 10(TEN) 2 bedroom/ 1.5 bath townhomes complete with an additional parcel! Each unit has a separate address and meter making it EASY to manage. Currently used as a mixture of short term rentals, mid-term rentals, staff housing and storage. The proximity to Tyndall AFB, Mexico Beach, Panama City and Panama City Beach make this a DON'T MISS. Owner financing may be an option with a sizable down payment and agreeable terms. Do not disturb guests/tenants. BUYER TO VERIFY ALL INFORMATION DEEMED IMPORTANT. Most furnishings convey. Photos are from one unit. Floor plans are same but furnishings and finishes vary.

Full Property Details for 4480 E Hwy 98

General

  • Sold For: $1,750,000
  • Taxes: $5,488 (2023)
  • Status: Closed
  • Type: Multi-Family
  • Source: Bay_County
  • MLS ID: 754439
  • Added to Site: 379 day(s) ago

Interior

  • Number of Rooms: 20

Rooms

Bathrooms

  • Total Bathrooms: 15
  • Full Bathrooms: 15

Bedrooms

  • Total Bedrooms: 20

Location

  • County: Bay
  • Subdivision: Horne Memory Plat
  • Driving Directions: Hwy 98 E from Panama City towards Tyndall AFB. Property is on the right

School Information

  • Elementary School: Parker
  • Middle School: Rutherford Middle
  • High School: Rutherford

Community

  • Community Name: 02 - Bay County - Central

Utilities

  • Sewer: Public Sewer
  • Utility Description: Water Connected

Structural Information

  • Sq. Ft. Source: Appraiser
  • Year Built: 1983

Lot Features

  • Lot Dimensions: 85 x 210
  • Zoning: Resid Multi-Family

Financial Considerations

  • Tax Amount: $5,488
  • Tax Year: 2023

Disclosures and Reports

  • Legal Description: HORNE MEMORY PLAT (2.21) 119C1 BEG SW COR LOT 2 THENCE NELY 207.43' NWLY 83.89' SWLY 197.04' SELY 81.57' TO POB TOGETHER WITH 20' ESMNT FOR INGRESS/EGRESS BLK 6 **ALSO** BEG 207.75' NWLY OF SW COR LOT 2 BLK 6 TO SLY R/W LI US HWY 98 & 21.24' E ALG R/W FOR POB TH CONT E 153.90' SELY 2.92' SWLY 37.90' ALG CURVE TH SWLY 102.66' TH NWLY ALG CURVE 33.79' NWLY 73.9
  • Property ID: 25741-002-000

Listed by Beach Babes Realty LLC
Sold by Non-Member Office

Listing agent

— 4480 E Hwy 98 —

  • Beach Babes Realty LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4480 E Hwy 98

School District:Bay County School District
NameGradesDistance
Parker Elementary School
640 South Highway 22 A, Panama City, FL 32404
PK-50.7 mi
Rutherford High School
1000 School Avenue, Panama City, FL 32401
6-82.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4480 E Hwy 98

Date
Details
Price
Change
Source
6/17/2025
Sold
$1,750,000
-20.45%
MLS
8/14/2024
Price Reduced
$2,200,000
-10.2%
MLS
7/23/2024
Price Reduced
$2,450,000
-5.77%
MLS
3/18/2024
Listed
$2,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Beach Babes Realty LLC
Sold by Non-Member Office

Just Listed near 4480 E Hwy 98

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

12 Cornelia St, Freeport, FL 32439 - Photo 1 Just Listed
$369,500
Open House

12 Cornelia St  Freeport, FL 32439

  • Single Family
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,039
    Sq. Ft.
Listed by Beverly Buck Team (850) 650-4563
140 Dockside Rd, Freeport, FL 32439 - Photo 1 Just Listed
$323,900

140 Dockside Rd  Freeport, FL 32439

  • Single Family
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,641
    Sq. Ft.
152 Dockside Rd, Freeport, FL 32439 - Photo 1 Just Listed
$333,900

152 Dockside Rd  Freeport, FL 32439

  • Single Family
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 1,799
    Sq. Ft.
11 Gray Owl Dr, Freeport, FL 32439 - Photo 1 Price Reduced
-$12,785 (-3.53%)
$349,900

11 Gray Owl Dr  Freeport, FL 32439

  • Single Family
  • Active
  • Updated 2 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 1,856
    Sq. Ft.

Price Reduced near 4480 E Hwy 98

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

400 Pitts Bayshore Dr, Freeport, FL 32439 - Photo 1 Price Reduced
-$184,000 (-11.26%)
$1,450,000

400 Pitts Bayshore Dr  Freeport, FL 32439

  • Single Family
  • Active
  • Updated 2 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,734
    Sq. Ft.
Listed by Cheri Dickson (850) 612-1281 and Nick Brown (540) 379-4435
186 Huckleberry St, Freeport, FL 32439 - Photo 1 Price Reduced
-$7,700 (-2.58%)
$290,900

186 Huckleberry St  Freeport, FL 32439

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,487
    Sq. Ft.
279 Windchime Way, Freeport, FL 32439 - Photo 1 Price Reduced
-$1,000 (-0.15%)
$649,000
Open House

279 Windchime Way  Freeport, FL 32439

  • Single Family
  • Active
  • Updated 18 hours ago
  • 4
    Beds
  • 4
    Total Baths
  • 3,132
    Sq. Ft.
16 W Gray Owl Dr W, Freeport, FL 32439 - Photo 1 Price Reduced
-$27,000 (-6.64%)
$379,900

16 W Gray Owl Dr W  Freeport, FL 32439

  • Single Family
  • Active
  • Updated 2 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 2,108
    Sq. Ft.

Recent Sales near 4480 E Hwy 98

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

232 S Tyndall Pkwy, Panama City, FL 32404 - Photo 1 Sold
$2,000,000

232 S Tyndall Pkwy  Panama City, FL 32404

  • Retail
  • Closed
4443 Cato Rd, Panama City, FL 32404 - Photo 1 Sold
$1,800,000

4443 Cato Rd  Panama City, FL 32404

  • Commercial Residential Facility
  • Closed
4620 E Hwy 390, Panama City, FL 32404 - Photo 1 Sold
$1,500,000

4620 E Hwy 390  Panama City, FL 32404

  • Commercial Land
  • Closed
  • 2.88
    Acres
6621 Gulf Dr, Panama City, FL 32408 - Photo 1 Sold
$1,650,000

6621 Gulf Dr  Panama City, FL 32408

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths

4480 E Highway 98, Panama City, FL 32404 (MLS# 754439) is a Multi-Family property that was sold at $1,750,000 on June 17, 2025. Want to learn more about 4480 E Highway 98? Do you have questions about finding other Multi-Family real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.