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Waterfront Land in Panama City
For Sale
$125,000

507 Massalina Drive, Panama City, FL 32401

LAND - Panama City, FL

Property SizeContact for details
Lot Size0.13 Acres
Days on Market186

Property Features for 507 Massalina Drive

General Information

Property type Land
Property subtype Other
Subdivision Sudduths 1st Add
Elementary school Cherry Street
Middle school Jinks
High school Bay
Directions Frankfort east to south onto W Beach Dr then right toward E 6th St to Ty onto Massalina Dr
Standard status Active
APN 20448-010-000
Lot size 0.13 Acres

Taxes and HOA fees

Tax Description SUDDUTHS 1ST ADD. LOT 5 BLK 8 ORB 3824 P 1931 MAP
Legal Description SUDDUTHS 1ST ADD. LOT 5 BLK 8 ORB 3824 P 1931 MAP

Utilities

Water front 1
Listing Agency: Sugar Shore Properties
Listed By: Tricia McGrath · License #BK0687801
Added: Feb 5 Changed: May 14 Last Checked: Aug 10 at 1:06PM
MLS# 784736

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.

Investment Insights

Based on property information with market context.

This 0.13-acre waterfront land is located in Panama City, Florida, specifically on Massalina Drive in the 32401 postal code. Situated in the popular Cove area along Massalina Bayou, the deep wooded lot offers privacy for a waterfront home.

Key Highlights

  • Waterfront home opportunity on Massalina Bayou
  • Deep wooded lot offers tucked‑in privacy
  • Located in the popular Cove area

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Bakery Garden Center Grocery & Convenience Store Catering Service (Bike/Boat/Book/etc) Store Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,624
Businesses Nearby

Demographics for 32401, FL

20,487
Population
10,239
Households
2
Avg Household Size
42
Median Age
20%
College-Educated
86%
High-School Grad
12.5 sq mi
ZIP Area
1,639
Density / Sq Mi
$49,901
Median Household Income
$35,885
Median Earnings
$1,194
Median Rent
$207,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Waterfront land in Panama City's Cove area.
Where is this waterfront land located?
The property is located at 507 Massalina Drive Panama City, FL.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Waterfront home opportunity on Massalina Bayou; Deep wooded lot offers tucked‑in privacy; Located in the popular Cove area
More about this property
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