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Sold for $632,500
  • $632,500

    333 Massalina Dr, Panama City, FL 32401

    4beds
    2,141sqft
    Single Family Residence
    Built in 1936
    0.29 Acres Lot
    $-- Zestimate®
    $295/sqft
    $1,982 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,982/mo

    Zestimate® history
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    What's special

    Waterfront lotGas rangeCalcutta quartz countertopsLarge primary suiteClaw foot tubOriginal hardwood flooringVaulted ceiling
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Christie 850-774-5796,

    Think Real Estate

    Bought with:

    Cari Henry, SL3468501

    CENTURY 21 Commander Realty

    Buck F Henry

    CENTURY 21 Commander Realty

    Source: CPAR,MLS#: 765975MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Bedroom, Living Room, Primary Bathroom, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 0 x 0
    Bedroom
    • Level: First
    • Dimensions: 0 x 0
    Bedroom
    • Level: First
    • Dimensions: 0 x 0
    Bedroom
    • Level: First
    • Dimensions: 0 x 0
    Primary bathroom
    • Level: First
    • Dimensions: 0 x 0
    Living room
    • Level: First
    • Dimensions: 0 x 0
    Cooling
    • Central Air, Ceiling Fan(s), Heat Pump
    Appliances
    • Included: Electric Water Heater, Gas Cooktop, Gas Oven
    Interior area
    • Total structure area: 2,141
    • Total interior livable area: 2,141 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Additional Parking, Alley Access, Garage, Garage Door Opener
    • Attached garage spaces: 1
    Features
    • Patio & porch: Deck
    • Exterior features: Deck, Dock
    • Fencing: Fenced
    • Has view: Yes
    • View description: Bayou
    • Has water view: Yes
    • Water view: Bayou
    • Waterfront features: Bayou, Riparian Rights
    • Frontage length: 50
    Lot
    • Size: 0.29 Acres
    • Dimensions: 50 x 250
    • Features: Sprinkler System
    Details
    • Additional structures: Garage(s), Guest House
    • Parcel number: 20614000000
    • Zoning description: Resid Single Family
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Florida
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1936

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electricity Available

    Community & HOA

    Community
    • Features: Short Term Rental Allowed
    • Subdivision: Cove
    HOA
    • Has HOA: No
    Location
    • Region: Panama City

    Financial & listing details

    • Price per square foot: $295/sqft
    • Tax assessed value: $333,919
    • Annual tax amount: $4,939
    • Date on market: 12/9/2024
    • Cumulative days on market: 124 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    5/8/2025Sold$632,500-6.3%$295/sqft
    Source: CPAR #765975 Report a problem
    4/12/2025Contingent$675,000$315/sqft
    Source: CPAR #765975 Report a problem
    3/25/2025Price change$675,000-2.9%$315/sqft
    Source: CPAR #765975 Report a problem
    3/17/2025Price change$695,000-0.7%$325/sqft
    Source: CPAR #765975 Report a problem
    3/3/2025Price change$700,000-4.1%$327/sqft
    Source: CPAR #765975 Report a problem
    2/7/2025Price change$729,999-3.9%$341/sqft
    Source: CPAR #765975 Report a problem
    1/28/2025Price change$760,000-0.7%$355/sqft
    Source: CPAR #765975 Report a problem
    1/6/2025Price change$765,000-1.3%$357/sqft
    Source: CPAR #765975 Report a problem
    12/9/2024Listed for sale$775,000+181.8%$362/sqft
    Source: CPAR #765975 Report a problem
    7/30/2021Sold$275,000$128/sqft
    Source: CPAR #714920 Report a problem
    1/6/2017Listing removed$800-46.7%
    Source: Zillow Rental Manager Report a problem
    8/31/2015Listing removed$1,500$1/sqft
    Source: Century 21 Ryan Realty Inc #632567 Report a problem
    7/25/2015Price change$1,500+15.4%$1/sqft
    Source: Century 21 Ryan Realty Inc #632567 Report a problem
    6/23/2015Price change$1,300-13.3%$1/sqft
    Source: CENTURY 21 Ryan Realty #632567 Report a problem
    5/21/2015Listed for rent$1,500$1/sqft
    Source: Century 21 Ryan Realty, Inc Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,910 -0.6%$333,919 +1.8%
    2023$4,939 +20.6%$328,062 +35%
    2022$4,097 $242,937
    2021-- --
    2020$2,330 +25.2%$132,496 +15%
    2019$1,862 $115,179 -5.6%
    2018$1,862 +0.8%$121,965 +2.3%
    2017$1,847 +3.4%$119,198 -0.5%
    2016$1,786 -5.9%$119,783 -0.5%
    2015$1,898 $120,367 +0.5%
    2014$1,898 $119,741 -4.1%
    2013-- $124,797 -14.1%
    2012-- $145,318 -10.2%
    2011-- $161,751 -13.1%
    2010-- $186,158 -28%
    2009-- $258,613 -3.8%
    2008-- $268,766 -12.5%
    2007-- $307,236 -1.4%
    2006-- $311,740 +222.8%
    2005-- $96,569 +38%
    2004-- $69,957 +16.6%
    2002-- $59,994 +2%
    2001-- $58,794 +13.6%
    2000-- $51,740
    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: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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