401 Massalina Drive
Panama City, FL 32401
$835,000
Active
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.
Listing details MLS# 1006985
Location, Tax and Legal
- Area
- 27 - Bay County
- Sub area
- 2703 - Bay - Central SW
- Subdivision
- COVE THE
- County
- Bay
- Parcel ID
- 20456-010-000
- Legal description
- SUDDUTHS 1ST ADD. LOT 21 BLDG 8 ORB 4783 P 213 MAP 105C2
- Zoning
- Resid Multi-Family, Resid Single Family
General Property Info
- Property type
- Residential
- Year built
- 2025
- Lot dimensions
- 60x100
- New construction
- No
- Condition
- Construction Complete
Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Full baths
- 2
- Building area
- 1776
- Heating
- Central
- Cooling
- Central Air
- Appliances
- Dishwasher, Disposal, Microwave, Refrigerator, Stove/Oven Electric, Water Heater - Gas, Water Heater - Tnkls
- Total rooms
- 6
Exterior and Site
- Construction
- Siding CmntFbrHrdBrd
- Exterior features
- Balcony, Fenced Back Yard, Summer Kitchen
- Patio and porch
- Deck Open, Porch Open
- Parking
- Carport Attached, Covered
- Carport spaces
- 2
- Pool features
- Pool Type
- View
- Bayou, Bay
- Road surface
- Paved
- Road frontage
- City Street
Utilities
- Utilities
- Electric, Public Water, TV Cable
- Sewer
- Public Sewer
Schools
- Elementary
- Cherry Street
- Middle school
- Jinks
- High school
- Bay
Remarks and Misc
- 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
