4805 Sunset Dr, Panama City, FL 32404

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!