549 E 4th CT Panama City, FL 32401
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,579 sqft
Price per Sqft $262
Subdivision No Recorded Subdivision
MLS Listing ID 1013767
Style Florida Cottage
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1935
Annual Tax Amount $6,230
Tax Year 2025
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 50.0 ft x 140.0 ft
Property Sub-Type Detached Single Family
Source Emerald Coast Association of REALTORS®
Land Area 1579
Property Description
Under a majestic canopy of heritage live oaks, among the rare mature trees to stand proud through Hurricane Michael, sits this 1935 coastal cottage and fully equipped detached guest house. Blending historic Southern character with an effective build year of 2015, this property delivers the ideal mix of vintage soul, modern luxury, and unmatched flexibility. With two completely independent dwellings, the possibilities are effortless: live in the main home while generating steady rental revenue from the ADU, rent both units to maximize returns, or create the ultimate private multi-generational compound. A vibrant red front door at the main entrance welcomes you onto the covered porch and into an airy, light-filled open floor plan highlighted by original crown molding, recessed lighting, and a painted brick fireplace. The galley kitchen boasts extensive granite counter space, crisp white cabinetry, subway tile, and stainless steel appliances. Down a subtle step-down transition, the cozy family room offers a quiet retreat overlooking the grounds. The primary retreat features a mini-split system, a walk-in wardrobe, and an ensuite bath with a double granite vanity and a wet-room bath suite, complete with a freestanding soaking tub and custom dual shower fixtures featuring an overhead waterfall fixture. Down the hall, a versatile dedicated home office includes its own closet (readily functioning as an official third bedroom or flex space), while an oversized guest bedroom, full guest bath, and separate laundry/utility room complete the main interior layout. Set privately across the sprawling fenced backyard, the detached studio is fully autonomous. It features its own architectural metal roof, private covered porch, ADA-compliant detachable ramp, dedicated mini-split climate control, tankless water heater, full kitchen with breakfast bar island, and a newly remodeled modern walk-in tile shower. Leave historic home worries behind: documented capital improvements include foundation work by Alpha Foundations (2026), full attic restoration (2025), a 200-Amp electrical service upgrade (2023) equipped with a dedicated smart electric vehicle charger, new concrete walkways, an 8x4 garden shed, and durable metal roofs on both structures. Tucked on a quiet street bordered by beloved neighbors on the edge of The Cove, you enjoy the close-knit camaraderie and storybook charm without sacrificing convenience. Take a golf cart ride across Massalina Bayou to watch sailboats drift against evening sunsets, explore the Panama City Marina, dine and delight in Historic Downtown Panama City's ever-growing cuisine and activity scene, or grab fresh produce at the Saturday Farmers Market, the 6th largest in the nation. Errands and commutes could not be easier with instant access to Hwy 98 and walkable neighborhood staples like CVS and Dollar General. Best of all, having Ascension Sacred Heart Hospital and the Panama City Fire Department just blocks from your door offers unmatched everyday peace of mind.
Location
State FL
County Bay
Community Short Term Rental - Allowed, Handicap Provisions
Area 27 - Bay County
Zoning Resid Single Family
Direction From PCB: Head east on US-98 across Hathaway Bridge, go 3.4 mi on 15th St, and turn right (south) onto Cove Blvd/FL-77. Drive 1.2 mi south, cross Business 98 into The Cove, and continue south to E 4th Court. Turn right (west) onto E 4th Ct, and 549 E 4th Ct will be just ahead on your right.
Rooms
Primary Bedroom Level Main
Master Bedroom true
Interior
Interior Features Fireplace, Guest Quarters, Handicap Provisions, Lighting Recessed, Lighting Track, Washer/Dryer Hookup
Heating Central
Cooling Wall/Window Unit(s), Ceiling Fans, Central Air
Flooring Floor Vinyl
Furnishings Furnished - None
Window Features Window Treatmnt None
Appliance Cooktop, Dishwasher, Disposal, Dryer, Freezer, Ice Machine, Microwave, Refrigerator, Refrigerator W/IceMk, Security System, Smoke Detector, Stove/Oven Electric, Water Heater - Elect, Water Heater - Tnkls
Exterior
Exterior Feature Fenced Back Yard, Separate Bldg Rent, Separate Living Area, Yard Building, Open Patio, Covered Patio, Porch, Fenced Backyard, Workshop, Yard Building, Guest Quarters, Separate Living Area, Separate Rental Building
Community Features Short Term Rental - Allowed, Handicap Provisions
Utilities Available Community Water, Electric, Public Water, Sewer Available
Roof Type Metal
Street Surface Paved
Porch Patio Covered, Patio Open, Porch
Road Frontage City Street
Garage No
Building
Lot Description Sidewalk, Survey Available, Within 1/2 Mile to Water
Faces From PCB: Head east on US-98 across Hathaway Bridge, go 3.4 mi on 15th St, and turn right (south) onto Cove Blvd/FL-77. Drive 1.2 mi south, cross Business 98 into The Cove, and continue south to E 4th Court. Turn right (west) onto E 4th Ct, and 549 E 4th Ct will be just ahead on your right.
Story 1
Sewer Public Sewer
Architectural Style Florida Cottage
Additional Building Guest Quarters, Workshop
New Construction No
Schools
Elementary Schools Cherry Street
Middle Schools Jinks
High Schools Bay
Others
Pets Allowed No
Tax ID 20516-000-000
Virtual Tour https://www.homes.com/property/549-e-4th-ct-panama-city-fl/95vm8lrjfg58s/?dk=88lxwb1lydlt5&mls=1
NEARBY SCHOOL & BUSINESS
