1491 W Highway 98, Mary Esther, FL 32569 (MLS# 992670)

1491 W Highway 98, Mary Esther, FL 32569

$1,040,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,986 Lot Size (sq. ft.): 19,166 Status: Active

Current Price: $1,040,000 List Date: 1/12/2026 Last Modified: 1/28/2026

Description

Exceptional waterfront opportunity with 115 feet of beach shoreline and beautiful water views throughout this thoughtfully updated property. A new dock featuring a spacious sundeck invites you to relax, fish, or entertain while taking in the scenery. This home also features a 1200 sqft 1-bed, 1-bath apartment over the garage, offering excellent income-producing potential. Inside, the kitchen features a cozy breakfast nook with a bay window perfectly positioned to capture the water view, and tile flooring runs throughout the home—no carpet. The home underwent a full remodel in 2005-2006, including sheetrock, insulation, electrical, windows, doors, and flooring. Major updates continue with a new roof and HVAC in 2021, and plumbing relocated to the walls and attic in 2021.

Supplements: Newer appliances include a very quiet dishwasher and a brand-new microwave. A concrete safe room adds exceptional storm protection and security. A spacious 400 sq ft office with a separate entrance offers flexibility for a home business, guest suite, or potential 5th bedroom, with its own closet, handicap-accessible design, and the ability to add a bathroom. Storage is abundant throughout both the main home and the apartment. The upstairs apartment, built in 2008, features a private entrance, its own water heater (2008), HVAC (2021), exterior-vented hood, washer and dryer, and independent security system. Step out onto the private balcony and enjoy sweeping views of the sound, making this space especially appealing for guests or tenants. A circular driveway offers ample parking, hurricane shutters and a security system added peace of mind. A workshop is also included. This versatile waterfront property offers stunning views, flexible living options, and strong investment potential all in one exceptional setting.

More Information MLS# 992670

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 348.29 List Date: 2026-01-12 Current Price: $1,040,000 List Price: $1,040,000

Location, Tax and Legal

Sub Area: 1203 - West Fort Walton Beach Elementary School: Florosa Middle School: Bruner High School: Fort Walton Beach 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.

General Property Info

Sub-Type: Detached Single Family Design: Traditional SqFt Source: County PA Records Immediate Occupancy: No Garage: Yes Carport: No Pool: No Pool Type: None Apx SqFt(Htd/Cooled): 2986 Bedrooms: 4 Full Baths: 3 Total Bathrooms: 3 # Stories: 2 Year Built: 2008 Garage Spaces: 2 Acreage: 0.44

Listing Info, Tax & Legal

Homestead: Yes Is Subject Leased: No Assessment Fees: No New Buyer Fee: No Last Taxes: 3920.02 Last Tax Year: 2025 Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: Exceptional waterfront opportunity with 115 feet of beach shoreline and beautiful water views throughout this thoughtfully updated property. A new dock featuring a spacious sundeck invites you to relax, fish, or entertain while taking in the scenery. This home also features a 1200 sqft 1-bed, 1-bath apartment over the garage, offering excellent income-producing potential. Inside, the kitchen features a cozy breakfast nook with a bay window perfectly positioned to capture the water view, and tile flooring runs throughout the home—no carpet. The home underwent a full remodel in 2005-2006, including sheetrock, insulation, electrical, windows, doors, and flooring. Major updates continue with a new roof and HVAC in 2021, and plumbing relocated to the walls and attic in 2021.

Waterfront

Intracoastal Wtrwy: 1 Sound: 1 Waterfront Feet: 114.7

Construction Status

Construction Complete: 1

Parking Features

Garage Attached: 1 Oversized: 1

Waterview

Intracoastal Waterwy: 1 Sound: 1

Lot/Parcel Access

County Road: 1 Paved Road: 1 State Highway: 1

Lot Features

Bulkhead/Seawall: 1 Flood Insurance Req: 1

Construction/Siding

Concrete: 1 Roof Dimensional Shg: 1 Siding CmntFbrHrdBrd: 1 Siding Vinyl: 1 Trim Aluminum: 1

Utilities

Public Sewer: 1 Public Water: 1

Zoning

Resid Single Family: 1

Exterior

Dock: 1 Greenhouse: 1 Hurricane Shutters: 1 Lawn Pump: 1 Patio Covered: 1 Sprinkler System: 1 Workshop: 1

Interior

Ceiling Vaulted: 1 Fireplace: 1 Floor Tile: 1 Guest Quarters: 1 Lighting Recessed: 1 Pantry: 1 Split Bedroom: 1 Washer/Dryer Hookup: 1 Window Bay: 1 Window Treatmnt Some: 1

Financing

Conventional: 1 FHA: 1

Appliances

Dishwasher: 1 Microwave: 1 Range Hood: 1 Refrigerator W/IceMk: 1 Smoke Detector: 1 Smooth Stovetop Rnge: 1

Energy

AC - 2 or More: 1 Ceiling Fans: 1 Double Pane Windows: 1 Storm Doors: 1 Water Heater - Elect: 1

Mstr Bdrm/Mstr Bath

MBath Cultured Mrble: 1 MBath Tile: 1 MBath Whirlpool: 1 MBed First Floor: 1 MBed Walk-in Closet: 1

Master Bedroom

First: 1 Second: 1

Bedroom

First: 1

Kitchen

First: 1 Second: 1

Living Room

First: 1 Second: 1

Rooms

Bedroom: 1 Dining Area: 1 Dining Room: 1 Kitchen: 1 Living Room: 1 Master Bedroom: 1 Office: 1

Status Change Info

Status: Active

Location Tax and Legal

Area: 12 - Fort Walton Beach Street #: 1491 Street Direction: W Street Name: Highway 98 State: FL Zip Code: 32569 County: Okaloosa Project Name/Subdivision: METES & BOUNDS Parcel ID: 14-2S-25-0000-0020-0000

Property Features

Construction Status: Construction Complete Lot Features: Bulkhead/Seawall; Flood Insurance Req Zoning: Resid Single Family Waterfront: Intracoastal Wtrwy; Sound Waterview: Intracoastal Waterwy; Sound Parking Features: Garage Attached; Oversized Exterior: Dock; Greenhouse; Hurricane Shutters; Lawn Pump; Patio Covered; Sprinkler System; Workshop Interior: Ceiling Vaulted; Fireplace; Floor Tile; Guest Quarters; Lighting Recessed; Pantry; Split Bedroom; Washer/Dryer Hookup; Window Bay; Window Treatmnt Some Appliances: Dishwasher; Microwave; Range Hood; Refrigerator W/IceMk; Smoke Detector; Smooth Stovetop Rnge Utilities: Public Sewer; Public Water Energy: AC - 2 or More; Ceiling Fans; Double Pane Windows; Storm Doors; Water Heater - Elect Master Bedroom: First; Second Bedroom: First Kitchen: First; Second Living Room: First; Second Rooms: Bedroom; Dining Area; Dining Room; Kitchen; Living Room; Master Bedroom; Office Financing: Conventional; FHA

Room Information

Living Room Level: First Dimensions: 14 x 18 Length: 14.00 Width: 18.00 Dimensions: 14 x 18 Dining Room Level: First Dimensions: 14 x 15 Length: 14.00 Width: 15.00 Dimensions: 14 x 15 Kitchen Level: First Dimensions: 14 x 9 Length: 14.00 Width: 9.00 Dimensions: 14 x 9 Master Bedroom Level: First Dimensions: 16 x 11 Length: 16.00 Width: 11.00 Dimensions: 16 x 11 Bedroom Level: First Dimensions: 13 x 17 Length: 13.00 Width: 17.00 Dimensions: 13 x 17 Bedroom Level: First Dimensions: 16 x 11 Length: 16.00 Width: 11.00 Dimensions: 16 x 11 Office Level: First Dimensions: 14 x 19 Length: 14.00 Width: 19.00 Remarks: Could be used at 4th bedroom Dimensions: 14 x 19 Master Bedroom Level: Second Dimensions: 12 x 23 Length: 12.00 Width: 23.00 Remarks: Apartment Dimensions: 12 x 23 Living Room Level: Second Dimensions: 12 x 24 Length: 12.00 Width: 24.00 Remarks: Apartment Dimensions: 12 x 24 Dining Area Level: Second Dimensions: 8 x 8 Length: 8.00 Width: 8.00 Remarks: Apartment Dimensions: 8 x 8 Kitchen Level: Second Dimensions: 8 x 16 Length: 8.00 Width: 16.00 Remarks: Apartment Dimensions: 8 x 16

Listing Office: ERA American Real Estate

Last Updated: January - 28 - 2026

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

Properties