$605,000

246 E 3rd Place Panama City, FL 32401

Estimated payment $3,502/month

Total Views 4,170
4 Beds
3.5 Baths
2,764 Sq Ft
$219 Price per Sq Ft

Highlights

  • Boat Dock
  • Fishing
  • Contemporary Architecture
  • Home fronts a seawall
  • Bayou View
  • Covered patio or porch

About This Home

Waterfront Living in the Heart of Panama CityWelcome 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 4 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--14x40 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 2x6 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 Agent

Vianah Seamon

Anchor Realty Florida License #SL3379653 Listed on: 04/22/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $471

Year Built

  • Built in 2003

Lot Details

  • Lot Dimensions are 90x22
  • Home fronts a seawall
  • Property fronts a bayou
  • Property fronts a private road

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Property Attached
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,764 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Bayou Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Accessible Home Design

  • Adaptable For Elevator
  • Accessible Bedroom
  • Stairway

Outdoor Features

  • Outdoor Shower
  • Covered patio or porch

Schools

  • Cherry Street Elementary School
  • Jinks Middle School
  • Bay High School

Utilities

  • Central Heating and Cooling System
  • Water Rights

Community Details

Overview

  • Association fees include management, legal/accounting, ground maintenance, pest control, sprinkler, trash
  • Massalina Bayou Townhouses Subdivision

Recreation

  • Boat Dock
  • Fishing

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$471

Year Built

Built in 2003

Lot Details

0

HOA Fees

$150 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Accessibility Features: Adaptable For Elevator, Accessible Stairway, Accessible Bedroom, Accessible Central Living Area
  • Year Built: 2003
  • Property Sub Type: Attached
  • Lot Size: 90x22
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Massalina Bayou Townhouses
  • Architectural Style: Contemporary
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Washer
  • Interior Amenities: Kitchen Island, Pantry, Recessed Lighting
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Living Area: 2764.0
  • Dining Room Type: Bedroom, Dining Room, Garage, Kitchen, Living Room, Primary Bedroom, Patio
  • Stories: 3
  • Window Features: Double Pane Windows, Storm Window(s)

Exterior Features

  • Pool Features: None
  • View: Bayou
  • Waterfront Features: Boat Dock/Slip, Bayou, Dock Access, Seawall, Waterfront
  • Waterfront: Yes
  • Disclosures: Water Rights
  • Construction Type: Stucco
  • Exterior Features: Covered Patio, Outdoor Shower, Storm/Security Shutters
  • Patio And Porch Features: Covered, Open, Porch
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Boat, Driveway, Garage
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Security Features: Fire Sprinkler System, Smoke Detector(s), Security System
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 150.0
  • Community Features: Boat Slip, Dock, Fishing, Waterfront
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Legal/Accounting, Maintenance Grounds, Other, Pest Control, Sprinkler, See Remarks, Trash

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Features: Other, Waterfront
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Negotiable

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $471 $291,071 -- --
2023 $471 $282,593 $0 $0
2022 $435 $274,362 $55,990 $218,372
2021 $443 $185,723 $50,930 $134,793
2020 $447 $192,701 $41,800 $150,901
2019 $0 $194,621 $40,896 $153,725
2018 $0 $283,698 $0 $0
2017 $0 $286,078 $0 $0
2016 -- $289,608 $0 $0
2015 -- $293,138 $0 $0
2014 -- $297,520 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 For Sale $605,000 -- $219 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $313,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,400 Unknown
Source: Public Records

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Source: Central Panhandle Association of REALTORS®

MLS Number: 772324

Central Panhandle Association of REALTORS®

APN: 20169-070-000