246 E 3rd Place, Panama City, FL 32401

• 3 beds |
• 4 baths |
• 2,764 sqft

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.

Listing Status:

Active

Date Added:

January 5, 2026

Data Last Updated:

May 24, 2026 at 10:19PM

Listing Office:

Anchor Realty Florida : 850-899-7999

MLS ID:

772324

Interior

• General: Handicap AccessInterior Steps
• Appliances: Electric Range
• A/C: Central AirCeiling Fan(s)
• Heating: CentralElectric
• Disability Feature: Adaptable For ElevatorAccessible StairwayAccessible BedroomAccessible Central Living Area

Exterior

• General: Boat SlipCovered PatioDeckDockOutdoor ShowerRV/Boat Storage
• Style: Contemporary
• Other Structures: RV/Boat StoragePorchDeckCoveredOpen

Construction

• Roofing: Shingle
• Windows: Double Pane WindowsStorm Window(s)
• General: Stucco3

Location

• Road/Access: Private Road
• Originating MLS: CPAR_CPAR
• County: Bay

Lot

• Zoning: DAVIS PLAT COM AT NE COR BLK B ON E SIDE OF MASSALINA BAYOU S 120 TO SE COR BLK B & N R/W 3RD PL W 58.24' FOR POB TH CONT W 22.05 N 91.10' E 5.69' S 8' E 16.35' S 83.10' TO POB ORB 4703 P 162620169-070-000
• View: Bayou

Utilities

• Utilities: Electricity Available
• Sewer: Public Sewer

Financial

• Source: CPAR_CPAR