405 Massalina Drive Panama City, FL 32401
PRICED AT $865,000
Listing Details
- $865,000
- MLS# 1006983
- Type Residential - Single Family
- Status Active
- 7 Bedrooms
- 6 full Bathrooms
- 2,988 Square Feet
- 60x100 Lot Size
- 2025 Year Built
Description
$7100 per month or $85,200 per year in rental income from the carriage house and quadplex/fourplex. Perfect for a DSCR loan where your rental income pays for your mortgage, plus you get a dock and a place to park your boat on deep water. Waterfront masterpiece with deep water access to the Bay and the Gulf of Mexico. This is the most versatile quadplex/fourplex plus carriage house (comes fully furnished) in Panama City. Here is the rental income breakdown: Carriage house = $1750 per month; Apartment 1 (Civil Contractor) = $1450 per month; Apartment 2 (Realtor) = $1450 per month; Apartment 3 (Property Maintenance Man) = $1,000 per month (reduced...read more
Features
- Dishwasher
- Disposal
- Microwave
- Refrigerator
- Stove/Oven Electric
- Water Heater - Gas
- Water Heater - Tnkls
- Central Air
- Central
- 2.0 Stories
- Built in 2025
Gallery
View SlideshowContact the Listing Agent
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 07/14/2026. The listing information on this page last changed on 07/14/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 07/14/2026 12:21:37 AM EST) or Pensacola MLS (last updated Tue 07/14/2026 12:13:10 AM EST) or Baldwin County MLS (last updated Tue 07/14/2026 12:11:13 AM EST) or Emerald Coast MLS (last updated Tue 07/14/2026 12:05:22 AM EST) or Navarre Area Board Of Realtors (last updated Mon 07/13/2026 11:48:02 PM EST) or Commercial Exchange (Levin Rinke) (last updated Mon 07/13/2026 7:19:21 PM EST). Real estate listings held by brokerage firms other than Levin Rinke Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
Privacy Policy / DMCA Notice / ADA Accessibility
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --
