405 Massalina Drive, Panama City, FL 32401
MULTI_FAMILY - Panama City, FL
- Added:
- Jul 6, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 8 at 4:06 am
Property Features for 405 Massalina Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Bedrooms
- 7
- Bathrooms
- 6
- Rooms
- Bedroom 3, Bathroom 1, Bathroom 6, Bedroom 5, Bathroom 3, Bedroom 7, Bathroom 4, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 5, Bedroom 6, Bedroom 1
- Patio and Porch features
- Porch
- Appliances
- GasRange, TanklessWaterHeater
- Standard status
- Active
- APN
- 20456-000-000
- Size
- 2,988 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Description
- SUDDUTHS 1ST ADD. LOT 20 BLK 8 ORB 4783 P 213 MAP 105C2
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Ceiling Fan(s), Central Air
- Water front features
- Seawall
- Water front
- 1
Building Details
- Year built
- 2025
- Building materials
- HardiplankType
- Roof type
- Metal
Listing agent Mike S Herring License #3256219 (850) 321-0917
Listing office Keller Williams Realty Emerald 3925 W County Hwy 30a Suite 1, Destin, FL (850) 654-2900
Listing date Jul 6, 2026
Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Under construction with a 2025 build year
- Deep water waterfront with a seawall and shared dock with fish cleaning station
- Rental income stated at $7,100/month ($85,200/year) from carriage house and quadplex/fourplex
- Carriage house and fourplex unit rent breakdown provided: $1,750 + $1,450 + $1,450 + $1,000 + $1,450 per month
- Metal roof and Hardiplank‑type exterior construction
- Carriage house appliances and systems include gas range and tankless water heater; heating and cooling include central air and central/electric heating
Overview
Located at 405 Massalina Drive in Panama City, Florida, the home offers waterfront access with a shared dock described as providing deep-water access to Massalina Bayou and the Bay and Gulf of Mexico. The listing also references decking and a fish cleaning station as part of the dock area. The lot size is listed as 0.14 acres.
This configuration is well suited for owners seeking an income-producing residential setup with multiple separate units plus an additional carriage house that can serve as a flexible option for additional tenants or on-site use. The property also includes boat parking per the listing, which can be an important fit for tenants or residents who prioritize waterfront access and storage convenience.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Panama City
- County
- Walton
- State
- Florida
- Longitude
- -85.655483
- Latitude
- 30.155515
