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Waterfront masterpiece with deep water access to the Bay and the Gulf of Mexico. This property is the most versatile home in Panama City with virtually unlimited uses. Perfect for a primary residence or second home. Also, the potential for massive short term rental opportunity exists. Sold fully furnished with all new furnishings. 401 Massalina Drive is under a lease for 5 months with potential for 2 month extension. $3600 per month and includes utilities and pool service. Built in 2025, this 3-bedroom 2-bathroom with den/office offers gorgeous views from covered porches on both floors. First floor has open kitchen with Forno Italian stainless appliances, large Island, gas stove, double door refrigerator with ice maker and wine cooler. The living / dining walks out large sliding doors to covered porch, outdoor Thor stainless summer kitchen and pool/bayou views. Master bedroom and master bath with large custom shower, double vanity sink and walk in closet. Second floor open family room, den/office, large sliding doors to walk to walk out to covered porch overlooking pool/bayou. Two additional bedrooms and one bath. So much to offer with beautifully designed tile flooring throughout, tankless water heater and extra storage. New custom landscaping and pool to relax and enjoy. Beautiful decking, shared dock with fish cleaning station. Location is easy to access to newly renovated downtown entertainment with shopping, dining, concerts and ongoing festivities.
Data source: Emerald Coast Association of REALTORS®
Team Turner (Counts Real Estate Group) can set up a private showing or send you full details.
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$865,000
7 bd · 6 ba · 2,988 sf
405 Massalina Drive, Panama City, FL 32401
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$799,900
5 bd · 3 ba · 3,285 sf
1708 Daffodil Street, Panama City, FL 32405
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$775,000
2 bd · 2 ba · 1,280 sf
11535 Poston Road, Panama City, FL 32404
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$742,500
4 bd · 3 ba · 1,708 sf
1325 Calabria Road, Panama City, FL 32405
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$739,000
3 bd · 3 ba · 2,571 sf
4405 De Len Drive, Panama City, FL 32404
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$699,000
4 bd · 4 ba · 2,854 sf
2204 Penny Royal Street, Panama City, FL 32405
Counts Real Estate Group
Courtesy of Keller Williams Realty SRB · Mike Herring · klrw209@kw.com
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Counts Real Estate Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.
Listing data last updated 2026-08-23 20:30:31.