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About This Property
Active | MLS #772324 | Listed Apr 22, 2025
Waterfront Living in the Heart of Panama City
Welcome to 246 E 3rd Place, where waterfront living meets timeless elegance. Perfectly positioned in the historic Cove neighborhood and just minutes from vibrant downtown Panama City, this stunning 3-story townhome offers the ultimate blend of comfort, convenience, and coastal charm.
With 3 spacious bedrooms, 3.5 bathrooms, and a 2-car garage, this home boasts breathtaking views of Massalina Bayou and direct Gulf access via your deeded deep-water boat slip—14×40 feet, wide and deep enough to accommodate both sailboats and larger dream vessels.
Step inside to find a thoughtfully designed layout that maximizes both space and privacy. A power chair lift provides easy access to the main level. The first floor features a generous bedroom with a full bath and access to a large private deck overlooking the water—perfect for guests or a serene office space.
The second floor is the heart of the home, where soaring 9-foot ceilings, Brazilian hardwood floors, and abundant natural light create a warm and welcoming atmosphere. The open-concept living and dining areas flow into a well-appointed kitchen featuring emerald black granite countertops, custom cabinetry, and an oversized pantry.
On the third floor, the luxurious primary suite offers a peaceful retreat with its own private balcony and panoramic views of the harbor. There's even space for a home office or workout area. The ensuite bathroom features double vanities, a jetted soaking tub, a walk-in shower, and a spacious walk-in closet. An additional bedroom on this level comes with its own full bathroom and could easily serve as a second primary suite.
Built with quality in mind, this home includes a 6-year-old roof, brand-new water heater, fresh interior paint, hurricane shutters, a fire sprinkler system, and 2×6 exterior framing. It's also prepped for an elevator, making it future-ready.
Whether you're an avid boater, seeking a low-maintenance waterfront escape, or looking to enjoy the lifestyle and charm of downtown living—this home has it all.
Don't miss your chance to live where every day feels like a vacation. Schedule your private tour today.
Property Features
- Appliances: Electric Range
- Architectural Style: Contemporary
- Construction Materials: Stucco
- Cooling: Central Air,Ceiling Fan(s)
- Elementaryschool: Cherry Street
- Exterior Features: Boat Slip,Covered Patio,Deck,Dock,Outdoor Shower
- Heating: Central,Electric
- Highschool: Bay
- Lot Features: Paved
- Middleorjuniorschool: Jinks
- MLS Area: 02 – Bay County – Central
- MLS Sub Area: 0203 – Bay – Central SW
- Property Sub Type: Attached
- Subdivision Name: Massalina Bayou Townhouses
- Utilities: Electricity Available
- View: Bayou
- Waterfront Features: Bayou,Seawall
- Waterfront: Yes
Location
246 E 3rd Place, Panama City, FL, 32401
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Price History
| Date | Event | Price |
|---|---|---|
| Jun 9, 2026 | Price change | $565,000 |
| Apr 6, 2026 | Price change | $550,000 |
| Aug 8, 2025 | Price change | $580,000 |
| Apr 22, 2025 | Listed for sale | $605,000 |
Listing updated: Jun 9, 2026
Listed by: Anchor Realty Florida
Source: Central Panhandle Association of REALTORS®, Inc., MLS#: 772324
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JSON Data
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