321 Massalina Drive, Panama City, FL 32401

Panama City
Local realty services provided by:Better Homes and Gardens Real Estate Emerald Coast
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:6 day(s) ago
  • Updated:November 09, 2026 at 08:42 AM

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)
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