549 E 4th Court, Panama City, FL 32401 (MLS# 796576)

549 E 4th Court, Panama City, FL 32401

New Listing

$415,000

Virtual Tour

https://www.homes.com/property/549-e-4th-ct-panama-city-fl/95vm8lrjfg58s/?dk=88lxwb1lydlt5&mls=1

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,597 Lot Size (sq. ft.): 7,000 Status: Active

Current Price: $415,000 List Date: 10/15/2026 Last Modified: 10/15/2026

Overview

Description

DUAL-DWELLING INCOME POTENTIAL | THE COVE MEETS DOWNTOWN PANAMA CITY 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 st … (Read more) DUAL-DWELLING INCOME POTENTIAL | THE COVE MEETS DOWNTOWN PANAMA CITY 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 8×4 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.

Listing Details MLS# 796576

Contract Info

List Price/SqFt: 259.86

Location

Area: 02 – Bay County – Central
Street #: 549
Street Direction: E
Street Name: 4th
Street Suffix: Court
State: FL
Zip Code: 32401
County: Bay
Sub Area: 0202 – Bay – Central SE
Subdivision: [No Recorded Subdiv]
Community/Resort: None
Waterfront: No
Parcel ID: 20516-000-000
Elementary School: Cherry Street
Middle School: Jinks
High School: Bay
Directions: 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.
Legal Description: SUDDUTH'S 1ST ADD LOT 21 BLK 12 ORB 4708 P 649

General Property Info

Sub-Type: Detached Single Family
Design: Florida Cottage
Apx SqFt(Htd/Cooled): 1597
SqFt Source: An Appraiser
Full Baths: 2
Total Baths: 2
# of Stories in Building: Yes
Accessory Dwelling Unit: Yes
ud_i_08: 473
ud_c100_08: Detached studio w/ full kitchen, updated tile bath, mini-split AC & ADA (detachable) ramp.
Year Built: 1935
Immediate Occupancy: Yes
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Driveway Spaces: 3
Lot Dimensions: 50.0 ft x 140.0 ft
Acreage: 0.16
Lot Size (SqFt): 7000
Pool: No

Accessory Dwelling Unit

Number of Bathrooms: Yes
Number of Bedrooms: Yes
Bathroom: Yes
Bedroom: Yes
Cooled: Yes
Heated: Yes
Kitchen: Yes
Separate Entrance: Yes

Listing Info, Tax and Legal

Homestead: No
HOA Fee: No
New Buyer Fee: No
Last Taxes: 6230.11
Last Tax Year: 2025
Brokerage Interest: Familial Interest – Listing Broker/Licensee related to owner.
As Is: Yes

Remarks & Misc

Remarks: DUAL-DWELLING INCOME POTENTIAL | THE COVE MEETS DOWNTOWN PANAMA CITY 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 8×4 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.

More Information

Appliances

Cooktop – Electric: Yes
Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Freezer: Yes
Ice Maker: Yes
Microwave: Yes
Oven – Electric: Yes
Refrigerator: Yes
Water Heater – Electric: Yes
Water Heater – Tankless: Yes

Interior Features

Fireplace: Yes
Floor – Vinyl Plank: Yes
Lighting – Recessed: Yes
Lighting – Track: Yes
Window – Treatment Some: Yes
Handicap Provisions: Yes

Construction/Siding

Foundation – Off Grade: Yes
Roof – Gutters: Yes
Roof – Metal: Yes
Siding – Hardie Board: Yes

Exterior

Fenced Back Yard: Yes
Fenced Privacy: Yes
Patio Covered: Yes
Porch Open: Yes
Tinted Windows: Yes

Other Structures

Shed(s): Yes

Furnished

Unfurnished: Yes

Lot Features

Near Public Boat Ramp: Yes
Sidewalk: Yes
Survey Available: Yes
Within 1/2 Mile to Water: Yes

Lot Access

Paved Road: Yes

Parking Features

Driveway: Yes
Electric Vehicle Charging Station(s): Yes
No Garage: Yes
Street: Yes
Paved: Yes

Rooms

Bedroom: Yes
Primary Bedroom: Yes

Utilities

TV Cable: Yes
Electricity – Connected: Yes
Garbage: Yes
Internet – Broadband Available: Yes
Public Sewer – Connected: Yes
Public Water – Connected: Yes

Accessibility Features

Accessible Approach with Ramp: Yes
Grip-Accessible Features: Yes

Sale Type

As Is: Yes

Primary Bedroom

First: Yes

Bedroom

First: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Mini-Split/Ductless: Yes

Heating

Central: Yes
Mini-Split/Ductless: Yes

Primary Bdrm/Primary Bath

MBath Double Vanity: Yes
MBath Separate Shwr: Yes
MBath Tub – Soaking: Yes
MBed First Floor: Yes
MBed Walk-in Closet: Yes

Security Features

Fire Alarm: Yes
Security System: Yes
Smoke Detector(s): Yes

Property Features

Accessibility Features: Accessible Approach with Ramp; Grip-Accessible Features Appliances: Cooktop – Electric; Dishwasher; Disposal; Dryer; Freezer; Ice Maker; Microwave; Oven – Electric; Refrigerator; Water Heater – Electric; Water Heater – Tankless Primary Bedroom: First Bedroom: First Cooling: Ceiling Fan(s); Central Air; Mini-Split/Ductless Heating: Central; Mini-Split/Ductless Exterior: Fenced Back Yard; Fenced Privacy; Patio Covered; Porch Open; Tinted Windows Furnished: Unfurnished Lot Features: Near Public Boat Ramp; Sidewalk; Survey Available; Within 1/2 Mile to Water Lot Access: Paved Road Accessory Dwelling Unit: Bathroom; Bedroom; Cooled; Heated; Kitchen; Separate Entrance Security Features: Fire Alarm; Security System; Smoke Detector(s) Parking Features: Driveway; Electric Vehicle Charging Station(s); No Garage; Street; Paved Other Structures: Shed(s) Rooms: Bedroom; Primary Bedroom Sale Type: As Is Utilities: TV Cable; Electricity – Connected; Garbage; Internet – Broadband Available; Public Sewer – Connected; Public Water – Connected

Room Information

Room Name	Level	Dimensions	Remarks
Bedroom	First	0 x 0	/Office
Bedroom	First	0 x 0
Primary Bedroom	First	0 x 0

Listing Office: Golden Coast Real Estate LLC

Last Updated: October – 15 – 2026

Information deemed reliable but not guaranteed.