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401 Massalina Drive, Panama City, FL 32401

$835,000
  • 401 Massalina Drive, Panama City, FL 32401 Main Photo

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Active
BEDS3 BATHS2 full SQUARE FEET1,776 MLS#792157
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONCove

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.

401 Massalina Drive | MLS# 792157

This single family home located at 401 Massalina Drive, Panama City, FL 32401 is currently listed for sale with an asking price of $835,000. This property was built in 2025 and has 3 bedrooms and 2 full baths with 1776 sq. ft. Massalina Drive is located in the Cove subdivision. Search Cove real estate on www.realtymark.net today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air, Ceiling Fan(s)
Heating: Electric
Home Style: Craftsman
Lot Size: 0.14 Acres
Roof Type: Metal
Year Built: 2025

Amenities

Double Vanity
Interior Steps
Main Level Primary
Walk-In Closet(s)

Feature Descriptions

Appliances: Gas Range, Tankless Water Heater
Community Features: Short Term Rental Allowed
Days on Site: 14
Exterior: HardiPlank Type
Lot: Sprinkler System, Paved
Lot Dimensions: 60.0 ft x 100.0 ft
Parcel#: 20456-010-000
Patio/Porch: Covered, Porch
Pool: Electric Heat, In Ground, Private
Sewer: Public Sewer
Special View Info: Bayou
Swimming Pool: Yes
Utilities: Natural Gas Available
Waterfront: Bayou, Seawall

Room Sizes

Full Bath: 8 X 8 Level - First
Den: 7 X 10 Level - Second
Family Room: 21 X 13 Level - Second
Living Room: 8 X 11 Level - First
Bedroom: 13 X 10 Level - Second
Bedroom: 13 X 10 Level - Second
Primary Bedroom: 12 X 12 Level - First

Local Schools

High School: Bay
Middle School: Jinks
Elementary School: Cherry Street

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty Emerald

Shown By

Agency Title: RealtyMark
Agency Phone: 888-260-0040

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Estimated Payment

$ 2,101.89 per month $1,858.35 Principal & Interest $0.00 Property Tax (data not provided by mls) $243.54 Homeowner's Insurance

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All commissions are negotiable Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/16/2026. The listing information on this page last changed on 07/16/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 07/16/2026 12:48:40 AM EST) or Stellar MLS (last updated Thu 07/16/2026 12:43:54 AM EST) or GSMLS (last updated Thu 07/16/2026 12:24:10 AM EST) or Emerald Coast MLS (last updated Thu 07/16/2026 12:05:25 AM EST) or Fort Myers (last updated Wed 07/15/2026 11:04:48 PM EST) or Central Panhandle Association of Realtors (last updated Thu 07/16/2026 12:47:19 AM EST) or Northeast Florida MLS (last updated Thu 07/16/2026 12:18:59 AM EST) or Beaches MLS (last updated Thu 07/16/2026 12:38:19 AM EST) or Naples MLS (last updated Wed 07/15/2026 11:40:22 PM EST) or Bright MLS (last updated Thu 07/16/2026 12:38:31 AM EST) or OneKey MLS (last updated Thu 07/16/2026 12:42:26 AM EST). Real estate listings held by brokerage firms other than RealtyMark may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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