$525,900
- 3 Beds
- 3.5 Baths
- 2,764 sqft (on 0.58 acres)
242 E 3rd Pl, Panama City, FL 32401
Est. Refi. Payment $3,428/mo*
Refinance Your HomeCurrently Off Market - Sold Jul 28, 2021 for $430,000
Home Value
Trulia Estimate
$526KSince last month
Increased$15K (+2.9%)Since last year
Increased$15K (+2.9%)Since last sale
Increased$96K (+22.4%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +37% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $526K |
| August 2026 | $512K |
| July 2026 | $519K |
| June 2026 | $523K |
| May 2026 | $525K |
| April 2026 | $521K |
| March 2026 | $528K |
| February 2026 | $516K |
| January 2026 | $505K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.00 | Townhouse | $540,000 | 01/15/26 | 3 | 3.5 | 2,764 | |
0.03 | Townhouse | $200,000 | 03/17/26 | 1 | 1.5 | 570 | |
1.10 | Townhouse | $295,000 | 01/10/26 | 4 | 2 | 2,113 | |
1.16 | Townhouse | $538,000 | 04/29/26 | 3 | 3 | 2,078 | |
1.72 | Townhouse | $185,000 | 04/09/26 | 3 | 2 | 1,218 | |
1.87 | Townhouse | $285,000 | 11/25/25 | 3 | 2 | 1,164 | |
2.00 | Townhouse | $157,500 | 06/22/26 | 2 | 2.5 | 1,198 | |
2.31 | Townhouse | $242,500 | 08/27/26 | 3 | 2.5 | 1,376 | |
2.27 | Townhouse | $216,000 | 10/08/25 | 3 | 2 | 1,671 | |
2.35 | Townhouse | $225,000 | 03/27/26 | 3 | 2 | 1,509 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $565,000 | 3 | 3.5 | 2,764 | For Sale | |
0.02 | $551,100 | 3 | 3.5 | 2,764 | Off Market | |
0.03 | $200,000 | 1 | 1.5 | 570 | Recently Sold | |
0.08 | $269,900 | 2 | 2 | 1,402 | Recently Sold | |
0.10 | $235,000 | 3 | 1 | 1,015 | Recently Sold | |
0.19 | $820,000 | 3 | 3 | 2,831 | Recently Sold | |
0.19 | $627,000 | 4 | 3 | 2,141 | Off Market | |
0.17 | $4,500,000 | - | - | - | For Sale | |
0.19 | $206,600 | 3 | 2 | 1,260 | Off Market | |
0.18 | $249,000 | 3 | 2 | 1,140 | Off Market | |
0.18 | $296,000 | 3 | 2 | 1,329 | Recently Sold | |
0.18 | $296,900 | 2 | 2 | 1,364 | Off Market |
Local Information
-- mins to
Home Highlights
Townhouse
Built in 2003
0.58 acre lot
2,764 sqft
$190/sqft
Garage
About this House
Waterfront Cove Townhouse with deep water boat slip on Massalina Bayou. Over 2,700 heated and cooled square feet. This three-bedroom, three and a half bath home has water views from every room. The modern kitchen is open and inviting. Three large decks provide additional space to overlook the sailboats moored in the protective harbor. Low HOA fees, two-car garage, and quiet neighborhood provide a relaxed atmosphere off the beaten path. Massalina Bayou is perfectly located next to downtown Panama City and a direct shot to Gulf of Mexico.
242 E 3rd Pl, Panama City, FL 32401 is a 3 bedroom, 4 bathroom, 2,764 sqft townhouse built in 2003. It last sold for $430,000 on Jul 28, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $525,900, with a rent estimate of $2,895/month.
Home Details for 242 E 3rd Pl
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Heating & Cooling Heating: Forced AirAir ConditioningHeating Fuel: Forced Air |
Interior Details Types of Rooms: Walk In Closet, Dining Room |
Appliances & Utilities Dishwasher |
Levels, Entrance, & Accessibility Floors: Tile, Hardwood |
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Exterior Home Features Roof: Shake ShingleExterior: Stucco, Wood |
Parking & Garage GarageParking Spaces: 2Parking: Garage Attached |
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Year Built Year Built: 2003 |
Property Type / Style Property Type: TownhouseArchitecture: Contemporary |
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Units in Building: 1 |
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Lot Area: 0.58 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 28, 2021 Source: CPAR #703736 | Sold | $430,000 |
Apr 29, 2021 Source: CPAR #703736 | Pending | $449,000 |
Jun 30, 2020 Source: Agent Provided | Listed For Sale | $449,000 |
Apr 1, 2020 Source: Agent Provided | ListingRemoved | $449,000 |
Nov 26, 2019 Source: Agent Provided | Listed For Sale | $449,000 |
Jul 14, 2004 Source: N/A | Sold | $375,000 |
Apr 19, 2004 Source: N/A | Sold | $262,300 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $4,989 | $390,498 |
Home facts updated by county records
Market trends in Panama City
Last updated August 2026
Avg. sale price
$290K
$2.1KMoM
Sale-to-List Price
97.6%
0.4%MoM
Price per sq ft
$181
$0MoM
Available listings
411
40MoM
Around this home
What Locals Say about Panama City
At least 485 Trulia users voted on each feature.
87 % Say car is needed
82 % Say parking is easy
81 % Say it's dog friendly
80 % Say yards are well-kept
75 % Say there's holiday spirit
67 % Say kids play outside
64 % Say it's quiet
61 % Say people would walk alone at night
52 % Say they plan to stay for at least 5 years
51 % Say neighbors are friendly
46 % Say there are sidewalks
45 % Say streets are well-lit
38 % Say there's wildlife
37 % Say it's walkable to restaurants
37 % Say it's walkable to grocery stores
26 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 242 E 3rd Pl
- What is 242 E 3rd Pl estimated to be worth?Trulia's estimated value for 242 E 3rd Pl in Panama City, FL is $525,900.
- What is the price history for 242 E 3rd Pl?242 E 3rd Pl in Panama City, FL last sold for $430,000 in July 2021.
- Is Panama City a buyer's or seller's market?Panama City is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Panama City?The median sale price in Panama City is $290K. That is down $2.1K from the prior month.
- Does 242 E 3rd Pl have a garage?Yes, 242 E 3rd Pl in Panama City, FL has a garage.

