401 Massalina Drive, Panama City, FL 32401

New Listing
$835,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,776 Lot Size (sq. ft.): 5,663 Status: Active
Current Price: $835,000 List Date: 7/02/2026 Last Modified: 7/02/2026

Overview

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. 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 muc

Listing Details MLS# 792157

Contract Info

List Price/SqFt
470.16

Location

Area
02 – Bay County – Central
Street #
401
Street Name
Massalina
Street Suffix
Drive
State
FL
Zip Code
32401
County
Bay
Sub Area
0203 – Bay – Central SW
Subdivision
Bunkers Cove
Community/Resort
None
Waterfront
Yes
Gulf Access
Yes
Parcel ID
20456-010-000
Elementary School
Cherry Street
Middle School
Jinks
High School
Bay
Directions
US-98 BUS E/W Beach Drive, turn left on 4th St, right on Oak Avenue, left to W 4th St. cross over bridge. Home is on the left. Corner Massalina Drive and 4th St
Legal Description
SUDDUTHS 1ST ADD. LOT 21 BLDG 8 ORB 4783 P 213 MAP 105C2

General Property Info

Sub-Type
Detached Single Family
Design
Craftsman Style
Apx SqFt(Htd/Cooled)
1776
SqFt Source
Builders Plans
Full Baths
2
Total Baths
2
Year Built
2025
Construction Status
Construction Complete
New Construction
Yes
Garage Y/N
No
Driveway Spaces
4
Lot Dimensions
60.0 ft x 100.0 ft
Acreage
0.14
Lot Size (SqFt)
5663
Pool
Yes
Pool Type
Private

Waterfront Feature

Waterfront Feet
60
Bulkhead/Seawall
Yes

Listing Info, Tax and Legal

HOA Fee
No
New Buyer Fee
No
Last Tax Year
2025
Brokerage Interest
No Interest
As Is
Yes

Remarks & Misc

Remarks
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. 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.

More Information

Den

Second
Yes

Family Room

Second
Yes

Pool Features

Heated – Electric
Yes
Inground
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Range – Gas
Yes
Refrigerator
Yes
Water Heater – Tankless
Yes
Wine Refrigerator
Yes

Interior Features

Breakfast Bar
Yes
Floor – Tile
Yes
Lighting – Recessed
Yes
Pantry
Yes
Stairs
Yes
Window – Treatment All
Yes

Construction/Siding

Roof – Metal
Yes
Siding – Hardie Board
Yes

Exterior

Porch Covered
Yes
Sprinkler System
Yes

Financing

Cash
Yes
Conventional
Yes

Furnished

Furnished
Yes

Living Room

First
Yes

Lot Features

Landscaped
Yes
Waterfront
Yes

Lot Access

City Street
Yes
Paved Road
Yes

Parking Features

Driveway
Yes

Present Zoning

Resid Single Family
Yes

Rooms

Bedroom
Yes
Den
Yes
Family Room
Yes
Full Bathroom
Yes
Living Room
Yes
Primary Bedroom
Yes

Showing

ShowingTime
Yes

Utilities

Cable – Available
Yes
Electricity – Connected
Yes
Natural Gas – Available
Yes
Public Sewer – Connected
Yes
Public Water – Connected
Yes

Waterview

Bayou
Yes

Sale Type

As Is
Yes
Other – See Remarks
Yes

Full Bathroom

First
Yes

Waterfront Type

Bayou w/ Gulf Access
Yes

Primary Bedroom

First
Yes

Bedroom

Second
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Heating

Electric
Yes

Primary Bdrm/Primary Bath

MBath Double Vanity
Yes
MBath Shower Only
Yes
MBath Walk-In Closet
Yes

Property Features

Appliances: Dishwasher; Disposal; Microwave; Range – Gas; Refrigerator; Water Heater – Tankless; Wine Refrigerator Full Bathroom: First Primary Bedroom: First Bedroom: Second Cooling: Ceiling Fan(s); Central Air Heating: Electric Exterior: Porch Covered; Sprinkler System Financing: Cash; Conventional Furnished: Furnished Living Room: First Lot Features: Landscaped; Waterfront Lot Access: City Street; Paved Road Den: Second Family Room: Second Pool Features: Heated – Electric; Inground Parking Features: Driveway Rooms: Bedroom; Den; Family Room; Full Bathroom; Living Room; Primary Bedroom Sale Type: As Is; Other – See Remarks Showing: ShowingTime Utilities: Cable – Available; Electricity – Connected; Natural Gas – Available; Public Sewer – Connected; Public Water – Connected Waterfront Type: Bayou w/ Gulf Access Waterfront Feature: Bulkhead/Seawall; Bulkhead/Seawall Waterview: Bayou Present Zoning: Resid Single Family

Room Information

Room Name Level Dimensions Length Width Remarks
Primary Bedroom First 12 x 12 12.00 12.00 Main House
Bedroom Second 13 x 10 13.00 10.00
Bedroom Second 13 x 10 13.00 10.00
Living Room First 8 x 11 8.00 11.00
Family Room Second 21 x 13 21.00 13.00
Den Second 7 x 10 7.00 10.00
Full Bathroom First 8 x 8 8.00 8.00
Listing Office: Keller Williams Realty Emerald
Last Updated: July – 02 – 2026
Information deemed reliable but not guaranteed.