Waterfront

401 massalina drive

Panama City, FL 32401

$835,000

3 BEDS 2 BATHS
Residential - Single Family
Waterfront
Image 1: 401 Massalina Drive
Image 2: 401 Massalina Drive, Panama City, FL
Image 3: Shared Dock
Image 4: Shared Dock
Bedrooms 3
Total Baths 2
Status Active
MLS # 1006985
County Bay
More Info
Category Residential - Single Family
Status Active
MLS # 1006985
County Bay
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.
Location not available
Listing
Street
Satellite

Exterior Features

  • Style Craftsman Style
  • Construction Single Family
  • Exterior Balcony, Fenced Back Yard, Summer Kitchen
  • Garage No
  • Sewer Public Sewer
  • Lot Dimensions 60x100
  • Lot Description Bulkhead/Seawall, Corner, Within 1/2 Mile to Water

Interior Features

  • Appliances Dishwasher, Disposal, Microwave, Refrigerator, Stove/Oven Electric, Water Heater - Gas, Water Heater - Tnkls
  • Heating Central
  • Year Built 2025

Neighborhood & Schools

  • Subdivision COVE THE
  • Elementary School Cherry Street
  • Middle School Jinks
  • High School Bay

Financial Information

  • Parcel ID 20456-010-000
  • Zoning Resid Multi-Family, Resid Single Family

Additional Services

Internet Service Providers

Listing Information

Listing Provided Courtesy of Keller Williams Realty SRB
Emerald Coast Association of REALTORS
Listing data is current as of 08/09/2026.

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