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401 Massalina Drive, Panama City, FL - photo 1

$793,000

401 Massalina Drive

Panama City, FL 32401

Estimated payment $4,758/month

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3Beds
2Baths
1,776Sq Ft
$447Price/Sq Ft

Preferred partner

Kinsfolk Realty

Kinsfolk Signature Realty

Powered by Hometrino

(813) 602-0498

Highlights

No HOA
Built in 2025

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 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.

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Facts & features

Bedrooms & bathrooms

  • •Bedrooms:3
  • •Bathrooms:2
  • •Full bathrooms:0

Heating

  • •Has Heating:Yes

Interior area

  • •Total structure area:1,776 sqft
  • •Total interior livable area:1,776 sqft

Parking

  • •Parking features:N/A
  • •Garage spaces:0
  • •Has attached garage:No

Lot

  • •Size:N/A

Details

  • •Parcel number:N/A

Type & style

  • •Home type:Detached Single Family
  • •Property subtype:Residential

Materials

  • • N/A

Condition

  • •Year built:2025

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Price history

DateEventPrice
2026-07-05T00:00:00.000ZListed for sale$793,000$447/sqft

Listing Agent

Mike Herring

Keller Williams Realty SRB

Brokerage Phone: 850-654-2900

Source: Emerald Coast MLS · MLS #1006985

Data Powered by Home Junction, Inc.

Nearby

Schools

AMIKIDS MARITIME ACADEMY

High · 0.4 mi

MERRIAM CHERRY STREET ELEMENTARY

Elementary · 0.8 mi

CHAUTAUQUA CHARTER SCHOOL

High · 0.9 mi

Supermarkets

Grocery Outlet

0.3 mi

Abundant Organic & Naturals Co-op

0.3 mi

Ocean Oriental Market

0.4 mi

Dining

Jimmys

0.1 mi

Tatiana's Cafe & Catering

0.2 mi

Willows Tea Room

0.2 mi

Parks

McKenzie Park

0.3 mi

Whittington Park

0.8 mi

Millville Waterfront Park

1.1 mi

Beaches

Delwood Beach

3.7 mi

St. Andrews State Park Beach

5.2 mi

Panama City Beach

9.1 mi

Nearby amenity locations include data © OpenStreetMap contributors.