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246 E 3rd Place

Panama City, FL 32401
  • $550,000
  • STATUS: Active
  • ON SITE: 392 Days
  • MLS #: 772324
UPDATED: 65 min ago
$550,000
  • 3
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 2,764
    SQFT
  • $199
    $/SQFT
Type:
Single-Family Home
Built:
2003
County:
Bay

School Information

Elementary School:
Middle School:
High School:
Bay

Description

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—14x40 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 2x6 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.

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© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Ryan Group | Christie's International Real Estate Emerald Coast. Data last updated: 2026-05-20T08:04:00.123.
www.30agulfcoasthomes.com/homes/162839557
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246 E 3rd Place Panama City, FL 32401

  • Price: $550,000
  • Status: Active
  • On Site: 392 Days
  • Updated: 65 min ago
  • MLS #: 772324
3
Beds
3
Baths
1
½ Baths
N/A
Acres
2,764
SQFT
$199
$/SQFT
2003
Built
Neighborhood:
Massalina Bayou Townhouses
County:
Bay
Area:
Bay County-Central
Elementary School:
Cherry Street
Middle School:
Jinks
High School:
Bay
Property Description
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—14x40 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 2x6 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.
Exterior Features

Architectural Style Contemporary Attached Garage YN No Construction Materials Stucco Exterior Features Boat Slip Covered Patio Deck Dock Outdoor Shower Garage YN Yes Levels Three Or More Lot Features Paved Other Structures RV / Boat Storage Patio And Porch Features Deck Covered Open Porch Road Frontage Type Private Road Roof Shingle Stories 3 View Bayou

Interior Features

Accessibility Features Adaptable For Elevator Accessible Stairway Accessible Bedroom Accessible Central Living Area Appliances Electric Range Building Features Dumpster Cooling Central Air Ceiling Fan(s) Cooling YN Yes Door Features Storm Door(s) Heating Central Electric Heating YN Yes Interior Features Handicap Access Interior Steps Rooms Patio (Third Level) Patio (Second Level) Patio (First Level) Garage (First Level) Bedroom (First Level) Bedroom (Third Level) Primary Bedroom (Third Level) Dining Room (Second Level) Kitchen (Second Level) Living Room (Second Level) Window Features Double Pane Windows Storm Window(s)

Property Features

Association YN Yes Community Features Dock Fishing Waterfront Listing Service Full Service Lot Size Dimensions 90x22 Occupant Type Occupied Property Sub Type Attached Property Sub Type Additional Attached Security Features Fire Sprinkler System Smoke Detector(s) Sewer Public Sewer Utilities Electricity Available Waterfront Features Bayou Seawall Waterfront YN Yes Zoning Description Resid Single Family

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Anchor Realty Florida: 850-899-7999. Listing information © 2026 Central Panhandle Association of Realtors MLS.


© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Ryan Group | Christie's International Real Estate Emerald Coast. Data last updated: 2026-05-20T08:04:00.123.
 
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