Home / Panama City / Cozy & Economical Unit In The Cove W/waterfront Views Of Massalina Bayou & Marina!
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Updated 1 hour ago

Cozy & Economical Unit In The Cove W/waterfront Views Of...


388 Massalina Dr Panama City, FL

2 Bed
2 Bath

800 Sq. Ft.

Available starting Jun. 5th
2 Beds • 2 Bath
$1,800
800 ft2
1 Available
Managed By: Era Neubauer Real Estate, Inc.
-
$1,800
Available Jun 5th, 2026
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Where you'll live
Street View
Map View
Satellite View
Amenities
Fireplace
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Property details
Description

Experience the perfect blend of serene waterfront living and urban convenience in this beautifully updated 2-bedroom, 2-bathroom duplex. Located directly across from Massalina Bayou, this home offers unparalleled vistas of breathtaking sunrises and sunsets, best enjoyed from your expansive front deck.
Key Features:
Unrivaled Bayou Views: The large front deck provides a front-row seat to the tranquil waters of Massalina Bayou, offering a daily spectacle of nature's beauty.
Proximity to Downtown: A short stroll leads you to Historic Downtown Panama City, renowned for its vibrant Social District. Here, you can explore a variety of shops, art galleries, and a diverse selection of local restaurants and cafes.
Modern Upgrades: The kitchen has been thoughtfully updated with brand-new appliances, sleek hardware, and fresh paint, creating a contemporary and inviting space for cooking and entertaining.
Convenient Living: Lawn care is included, ensuring a hassle-free experience.
Additional Details:
Living Space: The open-concept living and dining area is bathed in natural light, highlighting the freshly painted walls and modern fixtures.
Bedrooms: Two spacious bedrooms feature ample closet space and new carpeting, providing cozy retreats for rest and relaxation.
Bathrooms: Each of the two bathrooms has been updated with contemporary fixtures and stylish vanities, ensuring both comfort and functionality.
Location Highlights:
Massalina Bayou: Enjoy fishing, boating, and other water activities just steps from your front door.
Downtown Social District: Experience the lively atmosphere of downtown Panama City, with its array of dining, shopping, and entertainment options.
This duplex offers a rare opportunity to enjoy waterfront living with modern comforts and easy access to the best of Panama City. Don't miss out on making this exceptional property your new home!
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*Lawncare Included!*
*ALL pets are subject to owner approval & non-refundable fees.*
**Fireplace(s) are Ornamental ONLY; Not Functional**

Additional Details
Total Unit Count: 1
Last Updated: Updated 1 hour ago
Contact Number: (850) 785-1581
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
WideOpenWest Finance, LLC 1000.0 50.0
WideOpenWest Finance, LLC 1000.0 50.0
Comcast Corporation 987.0 35.0
ViaSat, Inc. 35.0 3.0
Hughes Network Systems, LLC 25.0 3.0
Data from June 2020 provided by the FCC
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Cozy & Economical Unit In The Cove W/waterfront Views Of Massalina Bayou & Marina! by bedroom type below.
2 Bedroom
Suggested income:
$64,800
per year
Rent report

Cozy & Economical Unit In The Cove W/waterfront Views Of Massalina Bayou & Marina! Rent vs. Panama City Average

 Cozy & Economical Unit In The Cove W/waterfront Views Of Massalina Bayou & Marina!      Panama City Average
2BR
$1,800
$1,417
$0
$600
$1,200
$1,800
$2,400

Cozy & Economical Unit In The Cove W/waterfront Views Of Massalina Bayou & Marina! is asking 27% more than the average 2 bedroom apartment in Panama City.

If you upsized to an average priced Panama City 3 bedroom apartment, you would pay 26% more per month.

If you downsized to an average priced Panama City 1 bedroom apartment, you would pay 19% less per month.

Cozy & Economical Unit In The Cove W/waterfront Views Of Massalina Bayou & Marina! provides 20% less square footage than the average Panama City 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Cozy & Economical Unit In The Cove W/waterfront Views Of Massalina Bayou & Marina!
2BR $1,800 $2.30 $5,400
Panama City Average
Studio $1,308 $2.90 $3,923
1BR $1,195 $1.90 $3,584
2BR $1,417 $1.40 $4,252
3BR $1,909 $1.30 $5,727
4BR $2,316 $1.20 $6,947

Availability in Panama City

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 69 2BR units on the market in Panama City. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
2% 20% 37% 32% 7%
Available Units in Panama City
Studio 4
1BR 38
2BR 69
3BR 59
4BR 14
Location
Nearby Hospitals
Name Distance
Select Specialty Hospital Panama City 0.53 mi.
Bay Area Center Sacred Heart Health System 0.54 mi.
Emerald Coast Behavioral Hospital 2.0 mi.
Nearby Fire Stations
Name Distance
Springfield Fire Department 0.43 mi.
Panama City Fire Department 2.18 mi.
Springfield Fire Department 2.7 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on June 05, 2026.
What's the square footage of the available units?
It's 800 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
Cozy & Economical Unit In The Cove W/waterfront Views Of Massalina Bayou & Marina! has a 2 bedroom unit starting at $1,800.
Where is this property located?
This property is at 388 Massalina Dr in Panama City, FL. It's 0.5 miles northeast from the center of Panama City.
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