Waterfront
Address
401 Massalina Drive, Panama City, FL
Price
$ 835,000
Property Attributes
- MLS#1006985
- TypeSingle Family
- Listing Status Active
- CountyBay
- CityPanama City
- AreaBay County
- NeighborhoodCOVE THE
- Zip32401
- StyleCraftsman Style
- Year Built2025
- Price$ 835,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1776
Data Source:
Emerald Coast MLS (ECAR)
Property Description
Waterfront masterpiece with deep water access to the Bay and the Gulf of Mexico. This property is the most versatile home in Panama City with virtually unlimited uses. Perfect for a primary residence or second home. Also, the potential for massive short term rental opportunity exists. Sold fully furnished with all new furnishings. 401 Massalina Drive is under a lease for 5 months with potential for 2 month extension. $3600 per month and includes utilities and pool service. Built in 2025, this 3-bedroom 2-bathroom with den/office offers gorgeous views from covered porches on both floors. First floor has open kitchen with Forno Italian stainless appliances, large Island, gas stove, double door refrigerator with ice maker and wine cooler. The living / dining walks out large sliding doors to covered porch, outdoor Thor stainless summer kitchen and pool/bayou views. Master bedroom and master bath with large custom shower, double vanity sink and walk in closet. Second floor open family room, den/office, large sliding doors to walk to walk out to covered porch overlooking pool/bayou. Two additional bedrooms and one bath. So much to offer with beautifully designed tile flooring throughout, tankless water heater and extra storage. New custom landscaping and pool to relax and enjoy. Beautiful decking, shared dock with fish cleaning station. Location is easy to access to newly renovated downtown entertainment with shopping, dining, concerts and ongoing festivities.
| Elementary School | Middle School | High School |
|---|---|---|
| Cherry Street Elementary School | Jinks Middle School | Bay High School |
| Price History | |
|---|---|
| 7/5/2026 | Listed $835,000 |
General Features
| Utilities | Electric,Public Water,TV Cable |
|---|---|
| Zoning | Resid Multi-Family, Resid Single Family |
| Property Subtype | Detached Single Family |
| County | Bay |
| Property Type | Residential |
| Subdivision Name | COVE THE |
| Status | Active |
| Directions | US-98 BUS E/W Beach Drive, turn left on 4th St, right on Oak Avenue, left to W 4th St. cross over bridge. Home is on the left. Corner Massalina Drive and 4th St |
| High School | Bay |
| City | Panama City |
| MLS Area | 27 - Bay County |
| Lot Size Units | Acres |
| Elementary School | Cherry Street |
| Middle/Junior High School | Jinks |
| MLS Area Minor | 2703 - Bay - Central SW |
| Standard Status | Active |
| Sewer | Public Sewer |
| View | Bayou,Bay |
| Waterfront Features | Bayou |
| Heating | Central |
| Cooling | Central Air |
| Patio/Porch Features | Deck Open,Porch Open |
| Architectural Style | Craftsman Style |
| Construction Materials | Siding CmntFbrHrdBrd |
| Year Built | 2025 |
| Stories Count | 2 |
| New Construction | false |
| Attached Garage | false |
| Total Rooms | 6 |
| Carport Y/N | true |
| Property Condition | Construction Complete |
| Pool Features | Pool Type |
| Carport Spaces | 2 |
Interior Features
| Total Baths | 2 |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Window Treatment All |
Exterior Features
| Lot Features | Bulkhead/Seawall,Corner,Within 1/2 Mile to Water |
|---|---|
| Lot Dimensions | 60x100 |
| Road Surface Type | Paved |
| Road Frontage Type | City Street |
| Waterfront Y/N | true |
| Exterior Amenities | Balcony,Fenced Back Yard,Summer Kitchen |
| Building Area Total | 1776 |
| Parking Features | Carport Attached,Covered |
| Total Parking | 2 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32401
Price
Year Built
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