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401 & 405 Massalina DriveListing photo id 1 for 401 & 405 Massalina Drive Listing photo id 2 for 401 & 405 Massalina Drive Listing photo id 3 for 401 & 405 Massalina Drive Listing photo id 4 for 401 & 405 Massalina Drive Listing photo id 5 for 401 & 405 Massalina Drive Listing photo id 6 for 401 & 405 Massalina Drive Listing photo id 7 for 401 & 405 Massalina Drive Listing photo id 8 for 401 & 405 Massalina Drive Listing photo id 9 for 401 & 405 Massalina Drive Listing photo id 10 for 401 & 405 Massalina Drive Listing photo id 11 for 401 & 405 Massalina Drive Listing photo id 12 for 401 & 405 Massalina Drive Listing photo id 13 for 401 & 405 Massalina Drive Listing photo id 14 for 401 & 405 Massalina Drive Listing photo id 15 for 401 & 405 Massalina Drive Listing photo id 16 for 401 & 405 Massalina Drive Listing photo id 17 for 401 & 405 Massalina Drive Listing photo id 18 for 401 & 405 Massalina Drive Listing photo id 19 for 401 & 405 Massalina Drive Listing photo id 20 for 401 & 405 Massalina Drive Listing photo id 21 for 401 & 405 Massalina Drive Listing photo id 22 for 401 & 405 Massalina Drive Listing photo id 23 for 401 & 405 Massalina Drive Listing photo id 24 for 401 & 405 Massalina Drive Listing photo id 25 for 401 & 405 Massalina Drive Listing photo id 26 for 401 & 405 Massalina Drive Listing photo id 27 for 401 & 405 Massalina Drive Listing photo id 28 for 401 & 405 Massalina Drive Listing photo id 29 for 401 & 405 Massalina Drive Listing photo id 30 for 401 & 405 Massalina Drive Listing photo id 31 for 401 & 405 Massalina Drive Listing photo id 32 for 401 & 405 Massalina Drive Listing photo id 33 for 401 & 405 Massalina Drive Listing photo id 34 for 401 & 405 Massalina Drive Listing photo id 35 for 401 & 405 Massalina Drive Listing photo id 36 for 401 & 405 Massalina Drive Listing photo id 37 for 401 & 405 Massalina Drive Listing photo id 38 for 401 & 405 Massalina Drive Listing photo id 39 for 401 & 405 Massalina Drive Listing photo id 40 for 401 & 405 Massalina Drive Listing photo id 41 for 401 & 405 Massalina Drive Listing photo id 42 for 401 & 405 Massalina Drive Listing photo id 43 for 401 & 405 Massalina Drive Listing photo id 44 for 401 & 405 Massalina Drive Listing photo id 45 for 401 & 405 Massalina Drive Listing photo id 46 for 401 & 405 Massalina Drive Listing photo id 47 for 401 & 405 Massalina Drive Listing photo id 48 for 401 & 405 Massalina Drive Listing photo id 49 for 401 & 405 Massalina Drive Listing photo id 50 for 401 & 405 Massalina Drive Listing photo id 51 for 401 & 405 Massalina Drive Listing photo id 52 for 401 & 405 Massalina Drive Listing photo id 53 for 401 & 405 Massalina Drive Listing photo id 54 for 401 & 405 Massalina Drive Listing photo id 55 for 401 & 405 Massalina Drive Listing photo id 56 for 401 & 405 Massalina Drive Listing photo id 57 for 401 & 405 Massalina Drive Listing photo id 58 for 401 & 405 Massalina Drive Listing photo id 59 for 401 & 405 Massalina Drive Listing photo id 60 for 401 & 405 Massalina Drive Listing photo id 61 for 401 & 405 Massalina Drive Listing photo id 62 for 401 & 405 Massalina Drive Listing photo id 63 for 401 & 405 Massalina Drive Listing photo id 64 for 401 & 405 Massalina Drive Listing photo id 65 for 401 & 405 Massalina Drive Listing photo id 66 for 401 & 405 Massalina Drive Listing photo id 67 for 401 & 405 Massalina Drive Listing photo id 68 for 401 & 405 Massalina Drive Listing photo id 69 for 401 & 405 Massalina Drive
  • MLS#: 781413 ( Residential )
  • Street Address: 401 & 405 Massalina Drive
  • Viewed: 119
  • Price: $1,850,000
  • Price sqft: $394
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Bayou
  • Year Built: 2025
  • Bldg sqft: 4698
  • Bedrooms: 9
  • Total Baths: 7
  • Full Baths: 7
  • Garage / Parking Spaces: 1
  • Days On Market: 91
  • Additional Information
  • Geolocation: 30.1553 / -85.6553
  • County: BAY
  • City: Panama City
  • Zipcode: 32401
  • Subdivision: Bunkers Cove
  • Elementary School: Cherry Street
  • Middle School: Jinks
  • High School: Bay
  • Provided by: Beach Haven Realty
  • DMCA Notice
  • Description
    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 apartmentsall 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 house (new construction). 2 bedrooms 1 bathroom. Currently leased with a 6 month tenantincome from day one, modern layout with premium materials and stunning waterfront backdrop. Four waterfront apartments, each unit: 1 bedroom 1 bathroom. Two of the four units currently rented and producing income. Ideal for long term tenants or short term rentals, waterfront setting offers exceptional demand and rental potential additional highlights newly constructed dock connecting both parcels, creating the feel of one expansive waterfront estate. Beautifully manicured landscaping throughout. Direct views of massalina bayou offering serene surroundings and a true coastal lifestyle. Prime location near top shopping, dining, entertainment, and local attractions. This unique combination of parcels provides endless possibilitiesmultigenerational living, a fully income producing investment, or a luxurious primary residence with rental opportunities built in. With its unmatched flexibility, new construction quality, and breathtaking bayou views, 401 & 405 massalina drive is a one of a kind chance to secure a premier waterfront property with incredible income potential. The number of bedrooms , bathrooms, and square footage represented in the listing is a total of all 3 structures that are being offered for sale. All measurements and dimensions to be verified by the buyer.
Features
Waterfront Description
  1. Bayou
Appliances
  1. GasRange
  2. TanklessWaterHeater
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. CentralAir
  2. CeilingFans
Covered Spaces
  1. 1.00
Exterior Features
  1. Dock
  2. OutdoorKitchen
Garage Spaces
  1. 1.00
Heating
  1. Central
High School
  1. Bay
Insurance Expense
  1. 0.00
Legal Description
  1. SUDDUTHS 1ST ADD. LOT 21 BLDG 8 ORB 1256 P 962 ORB 2286 P 546 MAP 105C2 SUDDUTHS 1ST ADD. LOT 20 BLK 8 ORB 4783 P 213 MAP 1052C
Levels
  1. Two
Living Area
  1. 0.00
Lot Features
  1. SprinklerSystem
  2. Paved
Middle School
  1. Jinks
Area Major
  1. 02 - Bay County - Central
Net Operating Income
  1. 0.00
New Construction Yes / No
  1. Yes
Occupant Type
  1. Vacant
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 20456-010-000 & 20456-000-000
Pet Deposit
  1. 0.00
Pool Features
  1. Gunite
  2. InGround
  3. Private
Property Type
  1. Residential
Road Frontage Type
  1. CityStreet
School Elementary
  1. Cherry Street
Security Deposit
  1. 0.00
Sewer
  1. PublicSewer
Tax Year
  1. 2024
The Range
  1. 0.00
Trash Expense
  1. 0.00
Utilities
  1. SewerAvailable
View
  1. Bayou
Views
  1. 119
Year Built
  1. 2025