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Coastal Vibes Luxury Realty
4805 Sunset Drive, Panama City, FL 32404
- $572,500
- 4
- BD
- 2
- BA
- Sold Price
- $572,500
- List Price
- $580,000
- Closing Date
- Jun 03, 2026
- MLS#
- 788836
- Status
- CLOSED
- Type
- Single Family Residential
- Subtype
- Single Family Residence
- Bedrooms
- 4
- Bathrooms
- 2
- Neighborhood
- Bay - Central SE
Property Description
Motivated Seller - Rare Waterfront Opportunity Under $600k! Bring All Reasonable Offers! Imagine owning your own slice of waterfront paradise on nearly half an acre in the serene, tree-lined East Side Cove of Donalson Point, Panama City -- priced under $600k. This charming all-brick ranch-style home offers 4 bedrooms, 2 bathrooms, and 2,210 sq ft with protected cove waterfront access and a seawall -- perfect for boating enthusiasts and weekend captains. You'll love private ownership of part of the island across the cove -- ideal for family picnics, pirate adventures with the kids, or your own private beach escape. Boaters enjoy sheltered bayou/bay access. Reach open Gulf waters in 15-20 minutes or launch from the nearby public ramp. You're only 5 minutes from Callaway and Tyndall AFB and 15 minutes from Mexico Beach's sugar-white sands. This is an entertainer's dream and a lucrative short-term rental with no restrictions. The seller is open to a fully furnished sale -- completely turnkey for immediate living or instant income. The standout Florida room features floor-to-ceiling windows and panoramic water views. Cozy up by the fireplace or watch boats and wildlife pass by. Outside, enjoy daily Florida living: stunning sunsets, fire pit nights with s'mores and stories, and a large fenced yard perfect for play, gardening, or future dock ideas. Includes a 2-car garage and paved driveway. Waterfront homes under $600k with private island access here are rare and sell fast. Whether you want a primary home, weekend getaway, or investment, this gem delivers lifestyle, location, and serious value right now. Don't miss it -- schedule your showing today and start making memories on the water before it's gone!
Additional Information
- Elementary School
- Tyndall
- Exterior Features
- Fire Pit
- High School
- Rutherford
- Lot Dimensions
- 100x200
- Middle School
- Rutherford Middle
- Neighborhood
- Bay - Central SE
- Project Facilities
- Boat Facilities, Short Term Rental Allowed
- Stories
- 1
- Subdivision
- Donalson Point
- Utilities
- Cable Connected, High Speed Internet Available
- Waterfront
- Yes
- Waterview
- Bay, Bayou
- Year Built
- 1965
- Zoning
- City
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Listing courtesy of Dalton Wade Inc. Selling Office: Real Broker LLC.