100 FT Waterfront on Massalina Bayou - Rare Opportunity! Best

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Home For Sale

326 Massalina Drive

Panama City, Florida 32401

Bay County

Waterfront: Yes

Community: Sudduths 1st Add

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$649,000 5 br, 4.0 bath 3441 sq. ft. 0.750 acres

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!

Interior:
  • Bedrooms: 5
  • Baths: 4.0
  • Sq Ft: 3441
  • Year Built: 1950
  • Utilities: 
  • Fireplaces: 
  • Stories: 1
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.750 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: 
  • Yard: 
  • Siding: 
  • Roof: 
  • Property Taxes: $1,376
  • MLS #: 765914
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Contact Information:
Beach Home For Sale in Panama City, Florida
Listing Agent: Melana Weems, Realty Check, 850-381-0109, 850-522-9522 Listing Site, Listing Status: Active
Copyright © 2025 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 5616319
Viewed 132 times.
Updated: Oct 15, 2025

This property is a Home located at 326 Massalina Drive, Panama City, Florida 32401, and is currently For Sale at $649,000. This Home has 5 bedrooms, 4.0 baths, 3441 sq ft.