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- Overview
- Description
- Property Details
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New Construction
Street View
$865,000
7 Beds
6 Baths6 full baths
2,988sqft
405 Massalina Dr, Panama City, FL 32401
$865,000
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Quadruplex
Built in 2025
$-- HOA
0.13 acre lot
$289/sq.ft
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 because he takes c...
- Houzeo last checked: 1 minute ago
- Listing updated: August 27, 2026 at 11:06 pm
- Listing Provided by: Mike Herring DRE #3256219 | Keller Williams Realty Emerald (850) 654-2900
- Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 792225
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
2025
HOA Fees
-
Finished Area
2,988 sqft
Lot Size
0.13 acre lot
Basement Area
- sqft
MLS Name
Bay/Panama City/Central Panhandle MLS
MLS Number
792225
MLS Status
Active
Days on Market
71
Cumulative Days on Market
53
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