246 E 3rd Place, Panama City, FL 32401 (MLS# 772324)

246 E 3rd Place, Panama City, FL 32401

$565,000

Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 2,764 Status: Active

Current Price: $565,000 List Date: 1/05/2026 Last Modified: 6/09/2026

Overview

Description

Waterfront Living in the Heart of Panama City Welcome to 246 E 3rd Place, where waterfront living meets timeless elegance. Perfectly positioned in the historic Cove neighborhood and just minutes from vibrant downtown Panama City, this stunning 3-story townhome offers the ultimate blend of comfort, convenience, and coastal charm. With 3 spacious bedrooms, 3.5 bathrooms, and a 2-car garage, this home boasts breathtaking views of Massalina Bayou and direct Gulf access via your deeded deep-water boat slip—14×40 feet, wide and deep enough to accommodate both sailboats and larger dream vessels. Step inside to find a thoughtfully designed layout that maximizes both space and privacy. A power chair lift provides easy access to the main level. The first floor features a generous bedroom with a full bath and access to a large private deck overlooking the water—perfect for guests or a serene office space. The second floor is the heart of the home, where soaring 9-foot ceilings, Br … (Read more) Waterfront Living in the Heart of Panama City Welcome to 246 E 3rd Place, where waterfront living meets timeless elegance. Perfectly positioned in the historic Cove neighborhood and just minutes from vibrant downtown Panama City, this stunning 3-story townhome offers the ultimate blend of comfort, convenience, and coastal charm. With 3 spacious bedrooms, 3.5 bathrooms, and a 2-car garage, this home boasts breathtaking views of Massalina Bayou and direct Gulf access via your deeded deep-water boat slip—14×40 feet, wide and deep enough to accommodate both sailboats and larger dream vessels. Step inside to find a thoughtfully designed layout that maximizes both space and privacy. A power chair lift provides easy access to the main level. The first floor features a generous bedroom with a full bath and access to a large private deck overlooking the water—perfect for guests or a serene office space. The second floor is the heart of the home, where soaring 9-foot ceilings, Brazilian hardwood floors, and abundant natural light create a warm and welcoming atmosphere. The open-concept living and dining areas flow into a well-appointed kitchen featuring emerald black granite countertops, custom cabinetry, and an oversized pantry. On the third floor, the luxurious primary suite offers a peaceful retreat with its own private balcony and panoramic views of the harbor. There’s even space for a home office or workout area. The ensuite bathroom features double vanities, a jetted soaking tub, a walk-in shower, and a spacious walk-in closet. An additional bedroom on this level comes with its own full bathroom and could easily serve as a second primary suite. Built with quality in mind, this home includes a 6-year-old roof, brand-new water heater, fresh interior paint, hurricane shutters, a fire sprinkler system, and 2×6 exterior framing. It’s also prepped for an elevator, making it future-ready. Whether you’re an avid boater, seeking a low-maintenance waterfront escape, or looking to enjoy the lifestyle and charm of downtown living—this home has it all. Don’t miss your chance to live where every day feels like a vacation. Schedule your private tour today.

Listing Details MLS# 772324

Contract Info

List Price/SqFt: 204.41

Location

Area: 02 – Bay County – Central
Street #: 246
Street Direction: E
Street Name: 3rd
Street Suffix: Place
State: FL
Zip Code: 32401
County: Bay
Sub Area: 0203 – Bay – Central SW
Subdivision: Massalina Bayou Townhouses
Community/Resort: None
Waterfront: Yes
Gulf Access: Yes
Parcel ID: 20169-070-000
Elementary School: Cherry Street
Middle School: Jinks
High School: Bay
Directions: From down town panama city on Harrison and 4th go south on Harrison then east on w Beach drive. cross the bridge into the cove and turn left on e 2nd court then left on Wilson, at the end of the road go left and look for the listing Sign.
Legal Description: DAVIS PLAT COM AT NE COR BLK B ON E SIDE OF MASSALINA BAYOU S 120 TO SE COR BLK B & N R/W 3RD PL W 58.24' FOR POB TH CONT W 22.05 N 91.10' E 5.69' S 8' E 16.35' S 83.10' TO POB ORB 4703 P 1626

General Property Info

Sub-Type: Attached Single Unit
Design: Contemporary
Apx SqFt(Htd/Cooled): 2764
SqFt Source: Prop App Site
Full Baths: 3
Half Baths: Yes
Total Baths: 4
# of Stories in Building: 3
Year Built: 2003
Immediate Occupancy: Yes
Pre-Const Flip: No
Construction Status: Construction Complete
New Construction: No
Garage Y/N: Yes
Garage Spaces: 2
Driveway Spaces: 2
Lot Dimensions: 90×22
Pool: No

Listing Info, Tax and Legal

HOA Fee: Yes
HOA Amount: 150
HOA Frequency: Monthly
HOA Annual Amount: 1800
New Buyer Fee: No
Brokerage Interest: No Interest

Remarks & Misc

Remarks: Waterfront Living in the Heart of Panama City Welcome to 246 E 3rd Place, where waterfront living meets timeless elegance. Perfectly positioned in the historic Cove neighborhood and just minutes from vibrant downtown Panama City, this stunning 3-story townhome offers the ultimate blend of comfort, convenience, and coastal charm. With 3 spacious bedrooms, 3.5 bathrooms, and a 2-car garage, this home boasts breathtaking views of Massalina Bayou and direct Gulf access via your deeded deep-water boat slip—14×40 feet, wide and deep enough to accommodate both sailboats and larger dream vessels. Step inside to find a thoughtfully designed layout that maximizes both space and privacy. A power chair lift provides easy access to the main level. The first floor features a generous bedroom with a full bath and access to a large private deck overlooking the water—perfect for guests or a serene office space. The second floor is the heart of the home, where soaring 9-foot ceilings, Brazilian hardwood floors, and abundant natural light create a warm and welcoming atmosphere. The open-concept living and dining areas flow into a well-appointed kitchen featuring emerald black granite countertops, custom cabinetry, and an oversized pantry. On the third floor, the luxurious primary suite offers a peaceful retreat with its own private balcony and panoramic views of the harbor. There's even space for a home office or workout area. The ensuite bathroom features double vanities, a jetted soaking tub, a walk-in shower, and a spacious walk-in closet. An additional bedroom on this level comes with its own full bathroom and could easily serve as a second primary suite. Built with quality in mind, this home includes a 6-year-old roof, brand-new water heater, fresh interior paint, hurricane shutters, a fire sprinkler system, and 2×6 exterior framing. It's also prepped for an elevator, making it future-ready. Whether you're an avid boater, seeking a low-maintenance waterfront escape, or looking to enjoy the lifestyle and charm of downtown living—this home has it all. Don't miss your chance to live where every day feels like a vacation. Schedule your private tour today.

Deck/Patio

First: Yes
Second: Yes
Third: Yes

More Information

Dining Room

Second: Yes

Garage

First: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Range – Electric: Yes
Washer: Yes

Interior Features

Floor – Hardwood: Yes
Kitchen Island: Yes
Lighting – Recessed: Yes
Pantry: Yes
Security System: Yes
Stairs: Yes
Window – Treatment Some: Yes
Handicap Provisions: Yes

Construction/Siding

Roof – Dimensional Shg: Yes
Siding – Stucco: Yes

Exterior

Deck Covered: Yes
Deck Open: Yes
Double Pane Windows: Yes
Hurricane Shutters: Yes
Shower: Yes
Porch Covered: Yes
Porch Open: Yes
Storm Doors: Yes
Storm Windows: Yes

Waterfront Feature

Boat Slip: Yes
Dock: Yes
Bulkhead/Seawall: Yes

Other Structures

RV/Boat Storage: Yes

Association Fees Include

Accounting: Yes
Ground Keeping: Yes
Legal: Yes
Management: Yes
Trash Disposal: Yes
Other – See Remarks: Yes
Irrigation: Yes
Termite Bond: Yes

Financing

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Furnished

Negotiable: Yes

Kitchen

Second: Yes

Living Room

Second: Yes

Lot Features

Near Beach Access: Yes
Near Public Boat Ramp: Yes
Water Rights: Yes
Waterfront: Yes
Within 1/2 Mile to Water: Yes
Other – See Remarks: Yes

Lot Access

Paved Road: Yes
Private Road: Yes

Parking Features

Boat: Yes
Driveway: Yes
Garage Attached: Yes

Present Zoning

Resid Single Family: Yes

Association Amenities

Dock: Yes
Dumpster: Yes
Fishing: Yes
Waterfront: Yes
Boat Slip: Yes

Rooms

Bedroom: Yes
Deck/Patio: Yes
Dining Room: Yes
Garage: Yes
Kitchen: Yes
Living Room: Yes
Primary Bedroom: Yes

Showing

ShowingTime: Yes
Security System: Yes

Utilities

Electricity – Connected: Yes
Public Sewer – Connected: Yes
Public Water – Available: Yes

Waterview

Bayou: Yes

Accessibility Features

Accessible Bedroom: Yes
Accessible Central Living Area: Yes
Accessible Stairway: Yes
Adaptable For Elevator: Yes

Waterfront Type

Bayou w/ Gulf Access: Yes

Bedroom

First: Yes
Third: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes

Heating

Central: Yes
Electric: Yes

Security Features

Fire Sprinkler System: Yes
Smoke Detector(s): Yes

Property Features

Accessibility Features: Accessible Bedroom; Accessible Central Living Area; Accessible Stairway; Adaptable For Elevator Appliances: Dishwasher; Disposal; Dryer; Microwave; Range – Electric; Washer Bedroom: First; Third Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Electric Exterior: Deck Covered; Deck Open; Double Pane Windows; Hurricane Shutters; Shower; Porch Covered; Porch Open; Storm Doors; Storm Windows Association Fees Include: Accounting; Irrigation; Legal; Ground Keeping; Management; Termite Bond; Trash Disposal; Other – See Remarks Financing: Cash; Conventional; FHA; VA Furnished: Negotiable Kitchen: Second Living Room: Second Lot Features: Near Beach Access; Near Public Boat Ramp; Water Rights; Waterfront; Within 1/2 Mile to Water; Other – See Remarks Lot Access: Paved Road; Private Road Dining Room: Second Garage: First Security Features: Fire Sprinkler System; Smoke Detector(s) Parking Features: Boat; Driveway; Garage Attached Other Structures: RV/Boat Storage Association Amenities: Boat Slip; Dock; Dumpster; Fishing; Waterfront Rooms: Bedroom; Deck/Patio; Dining Room; Garage; Kitchen; Living Room; Primary Bedroom Showing: Security System; ShowingTime Utilities: Electricity – Connected; Public Sewer – Connected; Public Water – Available Waterfront Type: Bayou w/ Gulf Access Waterfront Feature: Boat Slip; Bulkhead/Seawall; Dock; Bulkhead/Seawall Waterview: Bayou Present Zoning: Resid Single Family

Room Information

Room Name	Level	Dimensions	Length	Width
Living Room	Second	22 x 17	22.00	17.00
Kitchen	Second	17 x 14	17.00	14.00
Dining Room	Second	17 x 10	17.00	10.00
Master Bedroom	Third	20 x 17	20.00	17.00
Bedroom	Third	14 x 13	14.00	13.00
Bedroom	First	13 x 16	13.00	16.00
Garage	First	19 x 19	19.00	19.00
Deck/Patio	First	23 x 10	23.00	10.00
Deck/Patio	Second	22 x 10	22.00	10.00
Deck/Patio	Third	22 x 10	22.00	10.00

Listing Office: Anchor Realty Florida

Last Updated: June – 09 – 2026

Information deemed reliable but not guaranteed.