$605,000

246 E 3rd Pl Panama City, FL 32401

$7,184
Closing credit¹
4 beds
3 full, 1 partial
2,764 sqft
$219 / sqft
Townhouse

Property details

About 246 E 3rd Pl

Waterfront Living in the Heart of Panama CityWelcome to 246 E 3rd Place, where waterfront living meets timeless elegance. Perfectly positioned in the historic Cove neighborhood and just minutes from vibrant downtown Panama City, this stunning 3-story townhome offers the ultimate blend of comfort, convenience, and coastal charm.With 4 spacious bedrooms, 3.5 bathrooms, and a 2-car garage, this home boasts breathtaking views of Massalina Bayou and direct Gulf access via your deeded deep-water boat slip--14x40 feet, wide and deep enough to accommodate both sailboats and larger dream vessels.Step inside to find a thoughtfully designed layout that maximizes both space and privacy. A power chair lift provides easy access to the main level. The first floor features a generous bedroom with a full bath and access to a large private deck overlooking the water--perfect for guests or a serene office space.The second floor is the heart of the home, where soaring 9-foot ceilings, Brazilian hardwood floors, and abundant natural light create a warm and welcoming atmosphere. The open-concept living and dining areas flow into a well-appointed kitchen featuring emerald black granite countertops, custom cabinetry, and an oversized pantry.On the third floor, the luxurious primary suite offers a peaceful retreat with its own private balcony and panoramic views of the harbor. There's even space for a home office or workout area. The ensuite bathroom features double vanities, a jetted soaking tub, a walk-in shower, and a spacious walk-in closet. An additional bedroom on this level comes with its own full bathroom and could easily serve as a second primary suite.Built with quality in mind, this home includes a 6-year-old roof, brand-new water heater, fresh interior paint, hurricane shutters, a fire sprinkler system, and 2x6 exterior framing. It's also prepped for an elevator, making it future-ready.Whether you're an avid boater, seeking a low-maintenance waterfront escape, or looking to enjoy the lifestyle and charm of downtown living--this home has it all.Don't miss your chance to live where every day feels like a vacation. Schedule your private tour today.

Highlights

Home typeTownhouse
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size2,764 sqft
Year built2003
ParkingAttached, Boat, Driveway, Garage
MLS #772324
Attached garage2 spaces
WaterfrontDock, Boat Slip, Bayou, Dock Access, Seawall, Waterfront
ViewBayou

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Washer
  • Interior: Kitchen Island, Pantry, Recessed Lighting
  • Total Bedroom Count: 4
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Boat, Driveway, Garage
  • Waterfront: Dock, Boat Slip, Bayou, Dock Access, Seawall, Waterfront
  • View: Bayou
  • Exterior: Covered Patio, Outdoor Shower, Storm/Security Shutters
  • Architectural Style: Contemporary
  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • List Price: $605,000
  • Price/SqFt: $218
  • HOA Amount: $150
  • HOA Frequency: Monthly
  • Annual Tax Amount: $470
  • Tax Year: 2023
  • Lot: Other, Waterfront
  • Directions: From down town panama city on Harrison and 4th go south on Harrison then east on w Beach drive. cross the bridge into the cove and turn left on e 2nd court then left on Wilson, at the end of the road go left and look for the listing Sign.
  • Year Built: 2003
  • Living Area: 2,764 SqFt
  • MLS Number: 772324
  • MLS Name: BCAR
  • Office Name: Anchor Realty Florida

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2025 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2025, 6:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of dock with a lawn, a water view, and boat lift

$605,000

246 E 3rd Pl

$7,184

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$282,593$470
2022$274,362$435
2021$185,723$435
2020$192,701$447
2018$283,698$-
2017$286,078$-

History based on county public records data.

Nearby schools

4

Merriam Cherry Street Elementary School

Public District PK-5

0.7 mi

1125 Cherry St

4

Palm Bay Elementary School

Public Charter KG-5

1.6 mi

1104 Balboa Ave

1

St. Andrew School at Oakland Terrace

Public District PK-5

2.5 mi

2010 W 12th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $38,032. Typical income of Panama City, FL residents is less than $<35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

47%
<35k
36%
35k-100k
16%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

58%
Single, No Kids
5%
Single, with Kids
29%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
4%
12-17 yrs old
17%
18-34 yrs old
45%
35-64 yrs old
26%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • PGA/LPGAPGA/LPGA
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Chico'sChico's
  • Stein MartStein Mart
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Bonefish GrillBonefish Grill
  • ChipotleChipotle

What do the neighbors drive?

  • OldsmobileOldsmobile
  • LincolnLincoln
  • MazdaMazda

What do the neighbors listen to?

  • NewsNews
  • ClassicalClassical
  • RockRock
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 246 E 3rd Pl

The listing price of 246 E 3rd Pl property is $605,000.

The property 246 E 3rd Pl is a townhouse located in Panama City, Florida, 32401.

Active Listing: 246 E 3rd Pl is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 246 E 3rd Pl are: Merriam Cherry Street Elementary School (GreatSchools Rating 4/10), Palm Bay Elementary School (GreatSchools Rating 4/10), St. Andrew School at Oakland Terrace (GreatSchools Rating 1/10), Jinks Middle School (GreatSchools Rating 2/10), University Academy Sabl Inc (GreatSchools Rating 10/10), Bay Haven Charter Middle School (GreatSchools Rating 6/10), Bay High School (GreatSchools Rating 5/10), Rosenwald High School (GreatSchools Rating 1/10), Palm Bay Preparatory Academy 6-12 (GreatSchools Rating 7/10).

According to the records, the last property tax for 2023 is $470 (source: MLS/based on county public records data).

The property at 246 E 3rd Pl has 4 bedrooms and 3 full and 1 half bathrooms.

The property 246 E 3rd Pl is 2,764 SqFt (source: MLS/tax record).

The year of construction for 246 E 3rd Pl is 2003.

This home is located at 246 E 3rd Pl in Panama City, FL and zip code 32401. This 2,764 square foot home was built in 2003. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 30, 2025 and is currently priced at $605,000.

Panama City, FL housing market in March 2025 saw over 13 listings sold above listed price, more than 51 sold at listed price and over 146 sold below. In March 2025 in Panama City, FL there were 5.8% more homes for sale than in February. Listings spent 90 days on the market in March 2025, and had a median list price of $335,149 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More resources