$700,000

333 Massalina Dr Panama City, FL 32401

$8,313
Closing credit¹
4 beds
3 full
2,141 sqft
0.3 acres
$327 / sqft
House

Property details

About 333 Massalina Dr

Welcome to 333 Massalina drive. This is a VERY rare opportunity to own a Historic home in the Cove on Massalina Bayou for well under $1 Million. It was built in 1936 by the Knowles family. One of the first big commercial fishing families in Panama City. It was kept in the family and passed down from generation to generation until it was sold for the first time in its existence in 2021. In 2021 it was taken down to the studs and thoughtfully renovated, Preserving Its old Florida charm mixed with modern high-end finishes and amenities. Fixed on a high .29-acre waterfront lot with 50 feet of waterfrontage and a dock. You can hop on your boat and do some fishing in the gulf or hang out at shell island in less than 10 minutes. Upon entering the home, you are greeted with the original hardwood flooring throughout, and 14-foot vaulted ceiling in the main room. This home features a custom kitchen with Calcutta quartz countertops, soft close cabinets, gas range, with a pot filler, and stainless, fridge and dishwasher. this home also features a large primary suite, with a custom walk-in closet, and luxurious on suite bathroom finished with a double vanity, and a wet room style walk-in shower and claw foot tub. The most unique feature of this house sits in the back yard. A very charming 1 bed, 1 bath 621 sqft cottage. The cottage was also gut renovated in 2021 as well and has its own private access via the Alley way that runs behind the property and is on separate utilities as well. Perfect for a mother-in-law suite or supplemental income. Currently it is rented out long term to a wonderful tenant for $1200 per month. The back yard also features a 1 car garage. Do not miss this very rare opportunity to own a home in one of the most sought-after neighborhoods, on some of the most desirable waterfront in Panama City.

Highlights

Home typeSingle Family Residence
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric, Heat Pump
Size2,141 sqft
Lot size0.29 Acres
Year built1936
ParkingAdditional Parking, Alley Access, Driveway, Detached, Garage, Garage Door Opener
MLS #765975
Garage1 space
WaterfrontBayou, Dock Access, Riparian Rights, Deeded Access, Waterfront
ViewBayou

Summary

  • MLS Number: 765975
  • MLS Name: BCAR
  • Office Name: Think Real Estate

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: 3/15/2025, 10:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade with fence

$700,000

333 Massalina Dr

$8,313

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 03, 2021
Home Sold
$275,000

Tax history

YearAssessmentProperty Tax
2023$328,062$4,939
2022$242,937$4,097
2021$228,291$4,097
2020$132,496$2,330
2018$121,965$1,846
2017$119,198$1,786

History based on county public records data.

Nearby schools

4

Merriam Cherry Street Elementary School

Public District PK-5

0.6 mi

1125 Cherry St

4

Palm Bay Elementary School

Public Charter KG-5

1.7 mi

1104 Balboa Ave

1

Cedar Grove Elementary School

Public District PK-5

2.4 mi

2826 E 15th 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. The most common annual income of people living in Panama City, FL is less than $<35k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

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

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Frequently asked questions

About 333 Massalina Dr

This home is located at 333 Massalina Dr in Panama City, FL and zip code 32401. This 2,141 square foot home, which was built in 1936, sits on a 0.29 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 9, 2024 and is currently priced at $700,000.

While more than 5 listings in Panama City, FL in February 2025 were sold above asking price, there were more than 36 listings sold at asking price, and more than 98 were sold below. The inventory of homes for sale in Panama City, FL between January and February 2025 increased by 6.1%. In February 2025 median list price was $337,016 and the average listing age was 87 days.

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

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