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321 Massalina Drive, Panama City, FL 32401

Panama City
Local realty services provided by:CENTURY 21 Ryan Realty
321 Massalina Drive,Panama City, FL 32401
$600,000
  • 4 Beds
  • 2 Baths
  • 2,114 sq. ft.
  • Single family
  • Active
Listed by: sostheim group
Office: corcoran reverie srb
MLS#:1014777
Source:FL_ECAR

Price summary

  • Price:$600,000
  • Price per sq. ft.:$283.82

About this home

Discover an incredible WATERFRONT opportunity in the Cove on Massalina Bayou! This home is full of original character and ready for its next chapter. Whether that's a loving restoration for the Buyer who thrives on bringing a classic back to life, or a blank canvas to build the waterfront masterpiece you've been dreaming of. Sitting on .49 acres, this homesite is 95' wide by 225' deep and has endless possibilities. The homesite offers 95' water frontage, .49 acres, alley access and high elevation. This is a setting that's nearly impossible to find in the Cove neighborhood. Enjoy the best of Cove living with walkable access to the neighborhood's waterfront parks, oak-tree lined streets and tight-knit community, plus just minutes to downtown Panama City's restaurants, marina, and events. Launch the boat, cruise on the golf cart to dinner, and watch sunsets from your yard. Bring your vision, your contractor, and your imagination. Build your dream home or renovate and restore!...

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Home facts

  • Year built:1938
  • Subdivision & Development:None
  • Listing ID #:1014777
  • Added:1 day(s) ago
  • Updated:November 03, 2026 at 08:12 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:6
  • Living area:2,114 sq. ft.

Heating and cooling

  • Central air:Yes

Structure and exterior

  • Year built:1938
  • Building area:2,114 sq. ft.
  • Lot area:0.49 Acres
  • Architectural Style:Florida Cottage
  • Exterior Features:Dock

Schools

  • High school:Bay
  • Middle school:Jinks
  • Elementary school:Cherry Street

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$600,000
  • Price per sq. ft.:$283.82
  • Tax amount:$1,547 (2025)
The information being provided by Emerald Coast Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Emerald Coast Association Of REALTORS®. CENTURY 21 Ryan Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Ryan Realty, a broker participant of Emerald Coast Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Emerald Coast Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Emerald Coast Association Of REALTORS®. All rights reserved.

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