401 Massalina Drive, Panama City, FL 32401

Panama City
Local realty services provided by:ERA Neubauer Real Estate, Inc.
401 Massalina Drive,Panama City, FL 32401
$835,000
  • 3 Beds
  • 2 Baths
  • 1,776 sq. ft.
  • Single family
  • Active
Listed by: mike s herring
Office: keller williams realty emerald
MLS#:792157
Source:FL_BCMLS

Price summary

  • Price:$835,000
  • Price per sq. ft.:$470.16

About this home

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...

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Home facts

  • Year built:2025
  • Subdivision & Development:Cove
  • Listing ID #:792157
  • Added:46 day(s) ago
  • Updated:August 18, 2026 at 02:33 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:7
  • Kitchen Description:Gas Range, Tankless Water Heater
  • Living area:1,776 sq. ft.

Heating and cooling

  • Cooling:CeilingFans, CentralAir
  • Heating:Electric
  • Central air:Yes

Structure and exterior

  • Roof:Metal
  • Year built:2025
  • Building area:1,776 sq. ft.
  • Lot area:0.14 Acres
  • Architectural Style:Craftsman
  • Exterior Features:Porch

Schools

  • High school:Bay
  • Middle school:Jinks
  • Elementary school:Cherry Street

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$835,000
  • Price per sq. ft.:$470.16

Features and amenities

  • Amenities:GasRange, TanklessWaterHeater
  • Pool features:InGround, Private
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