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!
For sale
Price cut: $35K (8/19)
$649,000
326 Massalina Dr, Panama City, FL 32401
5beds
3,441sqft
Est.:
Single Family Residence
Built in 1950
0.75 Acres Lot
$-- Zestimate®
$189/sqft
$-- HOA
What's special
Existing dockPanoramic bumped-out window seatBoat launchCeramic tileBeach themeMosaic flooringHardwood floors
- 259 days
- on Zillow |
- 488 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: August 19, 2025 at 09:18am
Listed by:
Melana Weems 850-381-0109,
Realty Check Real Estate Services,
Dillon R Weems 850-481-3460,
Realty Check Real Estate Services
Source: CPAR,MLS#: 765914
Originating MLS: Central Panhandle Association of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Rooms
- Room types: Bedroom, Family Room, Full Bath, Foyer, Great Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Utility Room
Primary bedroom
- Description: Master bedroom
- Level: First
- Area: 169
- Dimensions: 13 x 13
Primary bedroom
- Description: Cottage Bedroom
- Level: First
- Area: 154
- Dimensions: 11 x 14
Bedroom
- Description: Upstairs bedroom
- Level: Second
- Area: 108
- Dimensions: 12 x 9
Bedroom
- Description: Guest bedroom downstairs
- Level: First
- Area: 117
- Dimensions: 13 x 9
Bedroom
- Description: Large Upstairs bedroom
- Level: Second
- Area: 208
- Dimensions: 13 x 16
Primary bathroom
- Description: full bathroom between bedrooms 1st floor
- Level: First
- Area: 48
- Dimensions: 8 x 6
Family room
- Description: Family room with bay window & fireplace
- Level: First
- Area: 324
- Dimensions: 27 x 12
Foyer
- Description: Foyer to stairway, family room to right, bedrooms to left
- Level: First
- Area: 21
- Dimensions: 7 x 3
Other
- Description: Upstairs bathroom
- Level: Second
- Area: 24
- Dimensions: 4 x 6
Other
- Description: Cottage Full bath
- Level: First
- Area: 35
- Dimensions: 7 x 5
Other
- Description: Upstairs bathroom
- Level: Second
- Area: 35
- Dimensions: 5 x 7
Great room
- Description: Adjoins Family room and utility room
- Level: First
- Area: 207
- Dimensions: 23 x 9
Kitchen
- Description: Kitchen and dining area
- Level: First
- Area: 162
- Dimensions: 9 x 18
Kitchen
- Description: Cottage Kitchen with room for table/island
- Level: First
- Area: 108
- Dimensions: 9 x 12
Laundry
- Description: Cottage Laudry/utility room
- Level: First
- Area: 70
- Dimensions: 7 x 10
Living room
- Description: Cottage Living/dining room
- Level: First
- Area: 216
- Dimensions: 12 x 18
Utility room
- Description: Utility room houses HVAC with workspace and storage
- Level: First
- Area: 128
- Dimensions: 8 x 16
Features
- Entrance Foyer, Utility Room
Interior area
- Total interior livable area: 3,441 sqft
Property
Features
- Levels: One
- Stories: 1
- Pool features: None
- Waterfront features: Bayou
Lot
- Size: 0.75 Acres
- Dimensions: 110 x 325
Details
- Parcel number: 20594000000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Condition
- Year built: 1950
Community & HOA
Community
- Features: Short Term Rental Allowed
- Subdivision: Sudduths 1st Add
HOA
- Has HOA: No
Location
- Region: Panama City
Financial & listing details
- Price per square foot: $189/sqft
- Tax assessed value: $429,614
- Annual tax amount: $1,376
- Date on market: 12/6/2024
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