Single Family Home $ 835,000

401 Massalina DR

Panama City, FL 32401

  • 3 Beds
  • 2 Baths
    Full Baths: 2
  • 1,776 SqFt
  • 2025 Year Built
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.
Listed by Keller Williams Realty SRB

PROPERTY DETAIL

  • Key Details

    Property Type Single Family Home

    Sub Type Detached Single Family

    Listing Status Active

    Purchase Type For Sale

    Square Footage 1, 776 sqft

    Price per Sqft $470

    Subdivision Cove The

    MLS Listing ID 1006985

    Style Craftsman Style

    Bedrooms 3

    Full Baths 2

    HOA Y/N No

    Year Built 2025

    Lot Dimensions 60x100

    Property Sub-Type Detached Single Family

    Source Emerald Coast Association of REALTORS®

    Land Area 1776

  • Location

    State FL

    County Bay

    Area 27 - Bay County

    Zoning Resid Multi-Family, Resid Single Family

    Direction 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

  • Rooms

    Family Room true

  • Building

    Lot Description Bulkhead/Seawall, Corner, Within 1/2 Mile to Water

    Faces 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

    Story 2

    Sewer Public Sewer

    Architectural Style Craftsman Style

    New Construction No

  • Interior

    Heating Central

    Cooling Central Air

    Window Features Window Treatment All

    Appliance Dishwasher, Disposal, Microwave, Refrigerator, Stove/Oven Electric, Water Heater - Gas, Water Heater - Tnkls

  • Exterior

    Exterior Feature Balcony, Fenced Back Yard, Summer Kitchen, Open Deck, Open Porch, Fenced Backyard, Summer Kitchen, Balcony

    Parking Features Carport Attached, Covered

    Carport Spaces 2

    Pool Pool Type

    Utilities Available Electric, Public Water, TV Cable

    Waterfront Description Bayou

    View Bayou, Bay

    Street Surface Paved

    Porch Deck Open, Porch Open

    Road Frontage City Street

    Garage No

  • Schools

    Elementary Schools Cherry Street

    Middle Schools Jinks

    High Schools Bay

  • Others

    Pets Allowed No

    Tax ID 20456-010-000

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CONTACT

Michael Herring
Michael Herring

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