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.
Sold for $632,500 on 05/08/25
$632,500
333 Massalina Dr, Panama City, FL 32401
4beds
2,141sqft
Single Family Residence
Built in 1936
0.29 Acres Lot
$636,400 Zestimate®
$295/sqft
$2,686 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 05, 2025 at 09:51am
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#: 765975
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Cooling
- Central Air, Ceiling Fan(s), Heat Pump
Appliances
- Included: Refrigerator
Features
- Flooring: Hardwood
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, Driveway, Detached, Garage, Garage Door Opener
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck
- Exterior features: Deck, Dock, Sprinkler/Irrigation
- Fencing: Fenced
- Has view: Yes
- View description: Bayou
- Has water view: Yes
- Water view: Bayou
- Waterfront features: Bayou, Riparian Rights, Deeded Access, Waterfront
- Frontage length: 50
Lot
- Size: 0.29 Acres
- Dimensions: 50 x 250
- Features: Waterfront, 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 & neighborhood
Location
- Region: Panama City
- Subdivision: Cove
Other
Other facts
- Has irrigation water rights: Yes
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$636,400
2% more+$12,728
With Zillow Showcase(estimated)$649,128