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Off market
  • $517,400

    242 E 3rd Pl, Panama City, FL 32401

    3beds
    2,764sqft
    Townhouse
    Built in 2003
    0.58 Acres Lot
    $517,400 Zestimate®
    $187/sqft
    $2,919 Estimated rent

    Home value

    $517,400

    $486,000 - $554,000

    $2,919/mo

    Zestimate® history
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    $3,337/mo

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    What's special

    Waterfront Cove Townhouse with deep water boat slip on Massalina Bayou. Over 2,700 heated and cooled square feet. This three-bedroom, three and a half bath home has water views from every room. The modern kitchen is open and inviting. Three large decks provide additional space to overlook the sailboats moored in the protective harbor. Low HOA fees, two-car garage, and quiet neighborhood provide a relaxed atmosphere off the beaten path. Massalina Bayou is perfectly located next to downtown Panama City and a direct shot to Gulf of Mexico.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Forced air
    Cooling
    • Other
    Appliances
    • Included: Dishwasher
    Features
    • Flooring: Tile, Hardwood
    Interior area
    • Total interior livable area: 2,764 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Exterior features: Stucco, Wood
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.58 Acres
    Details
    • Parcel number: 20169020000

    Construction

    Type & style
    • Home type: Townhouse
    Materials
    • Wood
    • Roof: Shake / Shingle
    Condition
    • Year built: 2003

    Community & HOA

    Location
    • Region: Panama City

    Financial & listing details

    • Price per square foot: $187/sqft
    • Tax assessed value: $390,498
    • Annual tax amount: $4,989

    Price history

    DateEventPrice
    7/28/2021Sold$430,000-4.2%$156/sqft
    Source: CPAR #703736 Report a problem
    4/29/2021Pending sale$449,000$162/sqft
    Source: CPAR #703736 Report a problem
    6/30/2020Listed for sale$449,000$162/sqft
    Source: Berkshire Hathaway HomeServices Beach Properties of Florida #699067 Report a problem
    4/1/2020Listing removed$449,000$162/sqft
    Source: Berkshire Hathaway HomeServices of Florida #691267 Report a problem
    11/26/2019Listed for sale$449,000+19.7%$162/sqft
    Source: Berkshire Hathaway Home Services Beach Properties of Florida #691267 Report a problem
    7/14/2004Sold$375,000+43%$136/sqft
    Source: Public Record Report a problem
    4/19/2004Sold$262,300$95/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,989 -6.2%$348,431 +3%
    2023$5,319 +9.1%$338,283 +3%
    2022$4,874 $328,430
    2021-- --
    2020$2,042 +16.8%$147,191 -1.2%
    2019$1,749 $149,018 -46.3%
    2018$1,749 -51.3%$277,308 -0.8%
    2017$3,595 -0.1%$279,572 -1.2%
    2016$3,599 -20.3%$282,986 -1.2%
    2015$4,516 $286,400 -1.5%
    2014$4,516 $290,666 -1.2%
    2013-- $294,080 -0.1%
    2012-- $294,372 -4.3%
    2011-- $307,607 -1.1%
    2010-- $311,025 -8.9%
    2009-- $341,443 -1.9%
    2008-- $347,993 -3.6%
    2007-- $361,148 +6.2%
    2006-- $340,034 +15.4%
    2005-- $294,744 +19.5%
    2004-- $246,648
    Find assessor info on the county website

    Neighborhood: 32401

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Cherry Street
    • Middle: Jinks
    • High: Bay

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $517,400
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    +$10,348
    With Zillow Showcase(estimated)
    $527,748