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6422 Us Highway 98 W #1505, Rosemary Beach, FL, 32461

5beds
5baths
3,475sqft
$1,100,000
$317price/sqft
$6,566/moest. monthly cost
$262,640/yrincome needed

About This Home

Perched atop the 15th floor of Marina Landing, this extraordinary 5-bedroom, 4.5-bath penthouse delivers a lifestyle defined by elegance, comfort, and breathtaking panoramic views. Overlooking West Bay, Grand Lagoon, North Bay, and St. Andrews Bay, the vistas stretch endlessly--captivating from sunrise to sunset and visible from every room in the home. Walk out on to the expansive 145-total feet of beautiful and serene balcony water views to catch the dolphins frolicking below. Inside you will find a completely remodeled home with no expense spared, this residence showcases sophisticated upgrades throughout. The chef's kitchen features premium Viking appliances, gleaming quartz countertops, under cabinet lighting and upscale fixtures and finishes that elevate both style and function. Spacious living and dining areas flow effortlessly, framed by floor-to-ceiling windows that bring the beauty of the bay indoors. All windows throughout are equipped with motorized roller blinds. Each bedroom offers its own stunning outlook, creating a serene retreat for family and guests. 4 of the 5 bedrooms has a balcony for those relaxing moments to enjoy the weather, watching the boaters or just reading your favorite book. The spa-inspired bathrooms are beautifully updated, and the home includes exceptional storage both inside and out--an invaluable luxury in penthouse living. Additional highlights include two prime parking spaces and access to Marina Landing's impressive amenities: a well-equipped gym, meeting room, inviting lobby, and a sparkling pool and spa. Ideally located near downtown, top-rated restaurants, and the world-famous beaches of Panama City Beach, this penthouse blends convenience with coastal sophistication. A rare offering of quality, scale, and design--this is truly a must-see.

Getting Around

16
WalkingCar-Dependent
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

6/10
Breakfast Point AcademyGrades PK-84.0 mi
4/10
J.R. Arnold High SchoolGrades 9-124.0 mi

Construction

Condition

  • Year built: 2007

Materials

  • Roof: Flat
  • Construction materials: Concrete,Stucco

Type & Style

  • Home type: Condo
  • Architectural style: High Rise
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: ENERGY STAR Qualified Appliances,Electric Cooktop,Electric Water Heater,Ice Maker,PlumbedForIce Maker

Bedroom

  • Level: First
  • Dimensions: 16.9 x 11.6

Bedroom

  • Level: First
  • Dimensions: 14.9 x 20.7

Bedroom

  • Level: First
  • Dimensions: 18.7 x 14.7

Bedroom

  • Level: First
  • Dimensions: 13.9 x 13.1

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Dining Room

  • Level: First
  • Dimensions: 18.1 x 15.3

Features

  • Smart Thermostat,Entrance Foyer
  • Door features: Storm Door(s)
  • Window features: Double Pane Windows,Storm Window(s)
  • Fireplace features: Electric
  • Fireplace: Yes

Foyer

  • Level: First
  • Dimensions: 16 x 9

Heating & Cooling

  • Heating features: Central,Fireplace(s),Heat Pump
  • Cooling features: Central Air,Ceiling Fan(s),Heat Pump,Multi Units

Interior Area

  • Total structure area: 3,475
  • Total interior livable area: 3,475 sqft

Living Room

  • Level: First
  • Dimensions: 25.8 x 20.1

Master Bathroom

  • Level: First
  • Dimensions: 11.5 x 24.1

Master Bedroom

  • Level: First
  • Dimensions: 23.8 x 20.1

Other

  • Level: First
  • Dimensions: 10 x 13

Property

Details

  • Parcel number: 40000850085
  • Attached to another structure: Yes
  • Zoning description: County, Resid Multi-Family
  • Special condition: Listed As-Is

Features

  • Stories: 16
  • Pool features: In Ground,Community
  • Patio & porch: Balcony
  • Spa features: Community
  • Has view: Yes
  • View description: Bay
  • Has water view: Yes
  • Water view: Bay
  • On waterfront: Yes
  • Waterfront features: Bayfront,Shoreline - Natural

Lot

  • Lot size dimensions: 0 x 0

Parking

  • Total spaces: 2
  • Parking features: Parking Lot
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Coastal Flooding
Tornado
Cold Wave
Heat Wave
Strong Wind
Tsunami

FEMA Declared Disasters in Bay County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,562$66,744
Home Insurance *$115$1,380
Property Taxes $540$6,480
Electricity $349$4,196
Total$6,566$78,792
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$225,120/yr
40% on housing$196,980/yr
45% on housing$175,093/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 6.0%
6.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$317This listing

vs Other Active Listings

Avg $/sqft

ZIP 32461$734
Bay County$241

vs Homes Sold Last Month

Median $/sqft

ZIP 32461$589
Bay County$205

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-18Listed for sale$1,250,000

For Sale by Agent

AgentBARBARA MCNEIL
BrokerageREMAX Select Partners

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