246 E 3rd Place Panama City, FL 32401
South Panama City NeighborhoodEstimated payment $3,100/month
Highlights
- Community Boat Dock
- Boat Slip
- Bayou View
- Home fronts a seawall
- Fishing
- Deck
About This Home
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—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.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2003
Lot Details
- Lot Dimensions are 90x22
- Home fronts a seawall
- Property fronts a bayou
- Property fronts a private road
Parking
- 2 Car Garage
Home Design
- Contemporary Architecture
- Property Attached
- Shingle Roof
- Stucco
Interior Spaces
- 3-Story Property
- Ceiling Fan
- Double Pane Windows
- Living Room
- Dining Room
- Bayou Views
- Electric Range
Bedrooms and Bathrooms
- 3 Bedrooms
Home Security
- Storm Windows
- Storm Doors
- Fire and Smoke Detector
- Fire Sprinkler System
Accessible Home Design
- Adaptable For Elevator
- Accessible Bedroom
- Stairway
- Handicap Accessible
Outdoor Features
- Outdoor Shower
- Boat Slip
- Docks
- Deck
- Covered Patio or Porch
Schools
- Cherry Street Elementary School
- Jinks Middle School
- Bay High School
Utilities
- Central Heating and Cooling System
Community Details
Overview
- Property has a Home Owners Association
- Massalina Bayou Townhouses Subdivision
Recreation
- Community Boat Dock
- Fishing
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | -- | $325,765 | $68,200 | $257,565 |
| 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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/09/2026 06/09/26 | Price Changed | $565,000 | +2.7% | $204 / Sq Ft |
| 04/06/2026 04/06/26 | Price Changed | $550,000 | -5.2% | $199 / Sq Ft |
| 01/05/2026 01/05/26 | For Sale | $580,000 | 0.0% | $210 / Sq Ft |
| 01/04/2026 01/04/26 | Off Market | $580,000 | -- | -- |
| 08/09/2025 08/09/25 | Price Changed | $580,000 | -4.1% | $210 / Sq Ft |
| 04/22/2025 04/22/25 | For Sale | $605,000 | -- | $219 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $100 | None Listed On Document | |
| Deed | $100 | None Listed On Document | |
| Warranty Deed | $313,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $250,400 | Unknown |
Source: Central Panhandle Association of REALTORS®
MLS Number: 772324
APN: 20169-070-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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