242 E 3rd Pl, Panama City, FL 32401
Property image
Property image
OFF MARKET

242 E 3rd Pl
Panama City, FL 32401

  • 3 Beds
  • 3.5 Baths
  • 2,764 sqft (on 0.58 acres)

$518,800

Trulia Estimate
as of Aug 7, 2026
Est. Refi. Payment $3,302/mo*
Refinance Your Home

$518,800

Trulia Estimate
as of Aug 7, 2026
Est. Refi. Payment $3,302/mo*
Refinance Your Home
3 Beds
3.5 Baths
2,764 sqft
(on 0.58 acres)

Local Information

  • Map ViewExplore the area around 242 E 3rd Pl.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Townhouse
Year Built
2003
Lot Size
0.58 acres
Living Area
2,764 sqft
Price/Sqft
$188
Parking
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. It is currently off market. The Trulia Estimate is $518,800, with a rent estimate of $2,786/month.

Home Details for 242 E 3rd Pl

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: OtherHeating Fuel: Forced Air
Interior Details
Types of Rooms: Walk In Closet, Dining Room
Appliances & Utilities
Dishwasher
Levels, Entrance, & Accessibility
Floors: Tile, Hardwood

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: Stucco, Wood
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 2003
Property Type / Style
Property Type: TownhouseArchitecture: Contemporary

Community

Units in Building: 1

Lot Information

Lot Area: 0.58 acres

Price History for 242 E 3rd Pl

DatePriceEventSource
07/28/2021$430,000Sold
CPAR #703736
04/29/2021$449,000PendingCPAR #703736
06/30/2020$449,000Listed For SaleAgent Provided
04/01/2020$449,000ListingRemovedAgent Provided
11/26/2019$449,000Listed For SaleAgent Provided
07/14/2004$375,000Sold
N/A
04/19/2004$262,300Sold
N/A

Market trends in Panama City

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$289K
$8.67KMoM
Sale-to-List Price
97.0%
0.5%MoM
Price per sq ft
$183
$3MoM
Available listings
456
9MoM
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Property Tax and Assessment

Year2024
Tax$4,989
Assessment$390,498
Home facts updated by county records

Comparable Sales for 242 E 3rd Pl

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
244 E 3rd Pl, Panama City, FL
0.00
Townhouse
$540,000
01/15/26
3
3.5
2,764
305 Wilson Ave #13, Panama City, FL
0.03
Townhouse
$200,000
03/17/26
1
1.5
570
1001 Oak Ave, Panama City, FL
1.10
Townhouse
$295,000
01/10/26
4
2
2,113
319 Abbie Rd, Panama City, FL
1.16
Townhouse
$538,000
04/29/26
3
3
2,078
910 Premier Dr, Panama City, FL
1.10
Townhouse
$188,000
08/13/25
2
2.5
1,260
1025 W 11th Ct, Panama City, FL
1.72
Townhouse
$185,000
04/09/26
3
2
1,218
1535 Chandlee Ave, Panama City, FL
1.87
Townhouse
$285,000
11/25/25
3
2
1,164
1325 W 12th St #A8, Panama City, FL
2.00
Townhouse
$157,500
06/22/26
2
2.5
1,198
1025 W 19th St #27D, Panama City, FL
2.27
Townhouse
$216,000
10/08/25
3
2
1,671
2026 Baker Ct #13, Panama City, FL
2.35
Townhouse
$225,000
03/27/26
3
2
1,509

Nearby homes

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Assigned Schools

These are the assigned schools for 242 E 3rd Pl.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Panama City

At least 484 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 it's walkable to grocery stores

  • 38 % Say there's wildlife

  • 37 % Say it's walkable to restaurants

  • 26 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Aaliyah Beam
    "A lot of people let their dogs free roam around which can be bothersome. They will come into your yard if they want and if you have a reactive dog it can cause a lot of problems"
    1
    Flag
  • Kelliej1313
    "Annual gatherings & parades.everybody meets up for potlucks, holiday gatherings and golf cart parades. We are very close to downtown where there are often festivals and markets. There are also events for the children at Halloween."
    1
    Flag
  • Nino Maruashvili
    "It's very safe and friendly neighborhood. In college station community you can see kids walking and playing around like in our childhood. I love everything about it. It has easy access to grocery stores and shopping. "
    0
    Flag
  • Emili Turnage
    "i live in st andrews & i love it here! the area is super fun, super safe, & there is always something interesting going on. we're also very close to the water & downtown! "
    0
    Flag
  • Dana Dubose
    "Fun beach time in our backyard is our best attribute, we have sunset celebrations ceremonies every evening in the summers."
    2
    Flag
  • Albertcross37
    "My commute in and around my neighborhood is exceptional. There are no barriers or obstacles that prevents a smooth commute"
    1
    Flag
  • Trulia User
    "Traffic is too fast and dangerous it’s not safe area for children to play they drive too fast and everybody is looking at cellphones "
    1
    Flag
  • Trulia User
    "we have a rap party a couple times a month at the end of the street. block parties every other weekend "
    0
    Flag
  • Trulia User
    "dogs roaming free and never maintained. cars speeding down the roads loud noises. unruly kids the kids can be mean to animals "
    1
    Flag
  • Trulia User
    "It’s known to have high rates of crime. The schools located in this neighborhood have extreme violence. "
    2
    Flag
  • Trulia User
    "I see people walking dogs all the time and they are all very well trained dogs.Makes it nice to see them so wl behaved. "
    0
    Flag
  • Trulia User
    "Everyone pitches is when there’s a need. Holidays are always special with Easter egg hunts or Christmas progressive diners. A real sense of community. "
    1
    Flag
  • Michael A
    "Dogs seem welcomed and most people have at least one dog. The only problem I have is with people walking their dog from outside the immediate area, across the road into a different neighborhood and coming over to the area around me and not picking up behind them "
    0
    Flag
  • Kiara G.
    "To many strays running lose and some people don’t clean up behind their dogs at all i live in magnolia pointe "
    0
    Flag
  • Susan L.
    "People walk their dogs here. It's safe to to so, even at night. I've never seen dogs running loose. "
    1
    Flag
  • George B.
    "I've lived here 32 years and love it. Beach is gorgeous and in town has a nice charm.Good community "
    0
    Flag
  • Jennifer N.
    "In this neighborhood I don’t see many dog walkers because they all have a yard for their dogs so not many have to walk their dogs. When I do see a person walking their dog in this neighborhood they are friendly and always walk their dogs on a leash in this neighborhood. "
    0
    Flag
  • Kristi W.
    " several other dogs in the neighborhood, all well trained, and maintained by their owners "
    0
    Flag
  • Margarita C.
    "Best place to live, friendly and the safest place I've ever lived in and or visited. love driving through and seeing how clean the areas are from gas stations to parks, it is absolutely beautiful . The beaches are amazing, we truly love fishing from the pier and afterwards enjoying a delicious and affordable dinner along the beaches many wonderful restarunts. "
    0
    Flag
  • Lmas0602
    "great place to raise children. Schools are wonderful. Teachers really care about the students and ensure they are learning"
    0
    Flag
  • Laderriabyrden
    "It is a quiet family friendly environment that is neatly kept for the most part. The only issues I have had is people stealing from cars where doors are unlocked, but this can happen anywhere."
    0
    Flag
  • Mary F.
    "Even dough this is a pretty safe neighborhood I would say please keep an eye on there kids since the storm you never know what can happen."
    0
    Flag
  • Tim G.
    "Lived here for 11 years now and went through Hurricane Michael. Convenient to downtown and St. Andrews. Local restaurants and beach attractions. "
    0
    Flag
  • Pamelia1966
    "Neighbors are very friendly and they watch out for each other. Nothing is too far from the neighborhood "
    6
    Flag
  • Marissamarie961
    "This town was ok for the most part until hurricane micheal. Now its unlivable with high rental prices the average worker cant afford. Kindness has left this town and all that's left is snooty rich people and the average people living in tents cars or campers in front of torn apart houses."
    0
    Flag
  • Laderriabyrden
    "I've lived here for years and have never had concerns for my safety until after the hurricane. The neighborhood is quiet and clean and for the most part neighbors are courteous."
    0
    Flag
  • Peg S. J.
    "Ive lived here 18 years, neighbors are good people we respect each other’s privacy while at the same time being available to help each other if needed"
    13
    Flag
  • Laurette C.
    "Great park for kids safe area. family and pet friendly. you can ride a bike or walk to Piggly Wiggly and a couple of Dollar stores. "
    0
    Flag
  • Stephcrites
    "I have lived here for 2 years and absolutely LOVE our neighborhood. If you are in need of anything, most any of the neighbors will help you out. (Neighborhood Facebook page gives everyone access to each other). Great schools and access."
    14
    Flag
  • Randy W.
    "Easy and quick. I only live 2.3 miles from my work. Traffic is usually always really light when I’m heading into the office. So everything is perfect here! "
    0
    Flag
  • Jrblaster
    "Great neighbors and serene community. Great and quick access to amenities. I enjoy this place. "
    0
    Flag
  • JB
    "We just experienced a category 4.99 Hurricane... we are a stronger community and neighborhood for it. "
    0
    Flag
  • Shirley C.
    "My neighborhood is very nice. Well kept houses and considerate neighbors. I enjoy living here very much. "
    3
    Flag
  • Carmel
    "Prior to Hurricane Michael my commute and traffic were not really an issue for me a long commute for me was an extra 5 minutes of I had to stop for a train or there was an accident. Since Hurricane Michael I have to plan ny cross town travelers around the traffic flows. "
    0
    Flag
  • Hannah
    "I drive my car but you can take a trolley as well. I’m not sure what else to say because that really the only options I do see people walking and riding bikes"
    0
    Flag
  • Barbara A.
    "my neighborhood has a lot of traffic. its near movie theater and stores.its walking distance. Not a quite neighborhood. but I have been living here for 7 years."
    0
    Flag
  • Meloberlander
    "busy af in the morning. traffic lights haven't been updated since the 70s. busy af at night. if theres a car crash you're going to be stuck for awhile "
    0
    Flag
  • Heather W.
    "Veteran's day parade to the Veteran's Park. Every Christmas Santa rides a fire truck through the neighborhoods and waves to the children."
    0
    Flag

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Homes for sale near 242 E 3rd Pl

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Off Market Homes Near 242 E 3rd Pl

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