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Size: 0.25 Acres
Home: 9 beds - 7 full baths - 4,698 Sq Ft

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MULTI_FAMILY - Panama City, FL

ATTENTION!! ATTENTION!! ATTENTION!! 3 SEPARATE STRUCTURES, 2 SEPARATE PARCELS, 1 AWESOME PRICE!! 401 AND 405 Massalina Drive - Waterfront Opportunity on Massalina Bayou! Discover an exceptional investment OR lifestyle opportunity with 2 separate parcels sold together on the scenic Massalina Bayou. This RARE WATERFRONT package includes a NEW CONSTRUCTION (2025) 3-bed, 2-bath MAIN home with a private pool, a NEW CONSTRUCTION (2025) 2-bed, 1-bath CARRIAGE house, AND (4) four 1-bed, 1-bath waterfront apartments-all positioned to generate immediate SHORT -TERM or LONG-TERM income. Property Features: Main Residence (New Construction), 3 Bedrooms - 2 Bathrooms, Private pool with water views, Scheduled to be fully furnished within the next few weeks. Turn-key as a primary residence or ready for both short- and long-term rentals. High-end finishes and thoughtful coastal design throughout Carriage...

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Source:First Street

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Source: ListHub, MLS# 781413
Listing status: Active
Listing last updated: February 17, 2026 at 3:35 PM
Listing last checked: February 24, 2026 at 3:30 PM
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