
326 Massalina Dr Panama City, FL 32401
Estimated payment $3,644/month
Highlights
- Property fronts a bayou
- No HOA
- Entrance Foyer
- Great Room
- Living Room
- Utility Room
About This Home
100 FT Waterfront on Massalina Bayou - Rare Opportunity! Best Opportunity in the Cove!🌊 Deep Water Access | Private Boat Launch | Existing Dock🚤 Cruise from your backyard past the Bay County Courthouse, under the Tarpon Dock drawbridge, through St. Andrews Bay and straight into the Gulf of Mexico! Fishermen, take note: two deep water fishing boats have docked here in the past!📍 Located in The Cove - A Beloved, Golf Cart-Friendly Community!Enjoy holiday parades, neighborhood events, and stunning sunsets just minutes from vibrant downtown Panama City. Close to Ascension Hospital, schools, churches, dining, and shopping.Property Features:.75 Acres | 100 FT Waterfront | High & Dry Lot2 Homes Included!Main Home: ~2,600 sqft heated/cooled (approx. 2,900 sqft under roof)Cottage: 1 Bed, 1 Bath - Move-in ReadyMain Home Highlights:🏠 4 Bedrooms | 3 Bathrooms | 2-Story Brick HomesteadIncredible water views from the panoramic window seat in the living room, with a cozy fireplace backdropOriginal hardwood flooring in all bedrooms and hallwaysMixed flooring throughout including ceramic tile, terrazzo, and mosaic in living areasSpacious layout with tons of potential - ready for your personal touch and coastal lifestyle renovationsCottage Features:🌴 Charming, Renovated Guest House1 Bedroom, 1 BathNew flooring and windowsWasher/dryer hookupHardwood floors and full kitchenOpen-concept living/dining areaBeachy vibes throughout - ideal guest home or live-in opportunity while updating the main houseEasy access via back paved alley - perfect for boat or camper parking (note: camper/boat in photos not included in sale)🛑 Never Before on the Market - 1 Family Home📅 Showings require 24-hour notice📣 Opportunity is knocking - schedule your tour today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,376
Year Built
- Built in 1950
Lot Details
- 0.75 Acre Lot
- Lot Dimensions are 110x325
- Property fronts a bayou
Interior Spaces
- 3,441 Sq Ft Home
- 1-Story Property
- Entrance Foyer
- Great Room
- Family Room
- Living Room
- Utility Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Schools
- Cherry Street Elementary School
- Jinks Middle School
- Bay High School
Community Details
- No Home Owners Association
- Sudduths 1St Add Subdivision
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,376 | $173,697 | -- | -- |
2023 | $1,376 | $156,363 | $0 | $0 |
2022 | $814 | $103,639 | $0 | $0 |
2021 | $802 | $100,683 | $0 | $0 |
2020 | $799 | $98,928 | $0 | $0 |
2019 | $1,149 | $144,410 | $0 | $0 |
2018 | $1,262 | $153,911 | $0 | $0 |
2017 | $1,239 | $151,351 | $0 | $0 |
2016 | $933 | $129,570 | $0 | $0 |
2015 | $969 | $129,007 | $0 | $0 |
2014 | $954 | $128,343 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/19/2025 08/19/25 | Price Changed | $649,000 | -5.1% | $189 / Sq Ft |
06/24/2025 06/24/25 | Price Changed | $684,000 | -2.1% | $199 / Sq Ft |
06/09/2025 06/09/25 | For Sale | $699,000 | 0.0% | $203 / Sq Ft |
06/08/2025 06/08/25 | Off Market | $699,000 | -- | -- |
12/06/2024 12/06/24 | For Sale | $699,000 | -- | $203 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | -- |
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Source: Central Panhandle Association of REALTORS®
MLS Number: 765914

APN: 20594-000-000
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