401 Massalina Drive, Panama City, FL

$835,000

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3

Beds

2

Baths

1,776

Square feet

Description of 401 Massalina Drive

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.

Legal Description

SUDDUTHS 1ST ADD. LOT 21 BLDG 8 ORB 4783 P 213 MAP 105C2

Features of 401 Massalina Drive

MLS® # 1006985
Price $835,000
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 1,776
Year Built 2025
Type Detached Single Family
Sub-Type Detached Single Family
Style Craftsman
Status Active

Community Information

Address 401 Massalina Drive
Area 27 - Bay County
Subdivision COVE THE
City Panama City
County Bay
State FL
Zip Code 32401

Amenities

Utilities Electric, Public Sewer, Public Water, TV Cable
Parking Attached Carport, Covered
View Bay, Bayou
Is Waterfront Yes
Waterfront Bayou
Water View Bay, Bayou

Interior

Appliances Dishwasher, Disposal, Microwave, Refrigerator, Gas Water Heater, Tankless Water Heater
Heating Central
Cooling Central Air
# of Stories 2

Exterior

Exterior Features Balcony, Private Yard, Outdoor Kitchen
Lot Description Bulkhead/Seawall, Corner Lot, Within 1/2 Mile to Water
Windows Window Treatments
Construction Siding CmntFbrHrdBrd

School Information

Elementary Cherry Street
Middle Jinks
High Bay

Additional Information

Zoning Resid Multi-Family, Resid Single Family

Listing Details

OfficeKeller Williams Realty SRB

For more information call

(850) 325-0004

Listing Map

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