$356,000
SOLD MAY 9, 2025

356 Massalina Dr Panama City, FL 32401

0.32 Acre
$1,112,500 Price per Acre
13,939 Sq Ft Lot

Recently Sold

$328 Per Sq Ft

10% Below List Price

7 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • Property fronts a bayou
  • No HOA

About This Lot

As of May 2025

AMAZING, RARE OPPORTUNITY to purchase large, deep water access, beautiful, mature, residential property, with multi-slip dock capacity. Offering is based on LAND VALUE only, as improvements (residential home) is expected to be razed in favor of new build. Property has access from convenient alleywaybehind, and Massalina Dr. in the front, and parking alongside deepwater access dock. This is MUST SEE property has great elevation, that is one of very few opportunities to come along in a lifetime, in the beautiful, quiet, and historic Massalina Bayou neighborhood.

Last Agent to Sell the Property

Brian Hinton

ERA Neubauer Real Estate, Inc License #3066285 Listed on: 04/07/2025

ERA Neubauer Real Estate, Inc

Last Buyer's Agent

Buck Henry

CENTURY 21 Commander Realty

CENTURY 21 Commander Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,787

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 140' x 100'
  • Property fronts a bayou

Schools

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

Utilities

  • Co-Op Water

Community Details

Overview

  • No Home Owners Association
  • Massalina Commons Subdivision

Recreation

  • Water access To Gulf or Ocean

Property Details

Property Type

Land

Est. Annual Taxes

$3,787

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.32
  • Lot Size: 140' X 100'
  • Subdivision Name: Massalina Commons
  • ResoPropertyType: Land
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Waterfront Features: Bayou, Gulf Access
  • Waterfront: Yes

Utilities

  • Utilities: Water Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Size Sq Ft: 13983.0
  • Zoning Description: Resid Single Family

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2025
Closed on
May 8, 2025
Sold by
Sergo Joseph P
Bought by
Bcl Civil Contractors Inc
Seller's Agent
Brian Hinton
ERA Neubauer Real Estate, Inc
Buyer's Agent
Buck Henry
CENTURY 21 Commander Realty
List Price
$395,000
Sold Price
$356,000
Premium/Discount to List
-$39,000
-9.87%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.74%
Original Mortgage
$264,000
Outstanding Balance
$264,000
Interest Rate
6.65%
Mortgage Type
Credit Line Revolving
Estimated Equity
$98,226

Purchase Details

Closed on
Sep 1, 2021
Sold by
Dowdy Emily L
Bought by
Dowdy Emily L and Sergo Joseph P
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $356,000 Diamond Title
Interfamily Deed Transfer -- Accommodation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $264,000 Credit Line Revolving
Previous Owner $80,000 Credit Line Revolving
Previous Owner $90,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Price Changed $659,900 -5.6% --
07/09/2025 07/09/25 For Sale $699,000 +96.3% --
05/09/2025 05/09/25 Sold $356,000 -9.9% $328 / Sq Ft
04/14/2025 04/14/25 Pending -- -- --
04/07/2025 04/07/25 For Sale $395,000 -- $364 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History Compared to Growth

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 $3,787 $222,855 -- --
2023 $3,787 $259,215 $174,048 $85,167
2022 $3,013 $184,177 $154,252 $29,925
2021 $1,064 $93,834 $0 $0
2020 $1,057 $92,538 $0 $0
2019 $908 $96,952 $0 $0
2018 $837 $95,143 $0 $0
2017 $806 $93,186 $0 $0
2016 $795 $91,269 $0 $0
2015 $813 $90,635 $0 $0
2014 $796 $89,916 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 771554

Central Panhandle Association of REALTORS®

APN: 20574-000-000