401 Massalina Drive, Panama City, FL 32401

$835,000
3
BD
2
BA

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List Price
$835,000
MLS#
792157
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family Residence
Bedrooms
3
Bathrooms
2
Lot Size
5,663
Neighborhood
Bay - Central SW

Property 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.

Additional Information

Acres
0.14
Appliances
Gas Range, Tankless Water Heater
Elementary School
Cherry Street
High School
Bay
Interior Features
Double Vanity, Interior Steps, Main Level Primary, Walk-In Closet(s)
Lot Dimensions
60.0 ft x 100.0 ft
Lot Features
Sprinkler System, Paved
Middle School
Jinks
Neighborhood
Bay - Central SW
Project Facilities
Short Term Rental Allowed
Subdivision
Cove
Utilities
Natural Gas Available
Waterfront
Yes
Waterview
Bayou
Year Built
2025
Zoning
Resid Single Family

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Emerald.