Welcome to 333 Massalina drive. This is a VERY rare opportunity to own a Historic home in the Cove on Massalina Bayou for well under $1 Million. It was built in 1936 by the Knowles family. One of the first big commercial fishing families in Panama City. It was kept in the family and passed down from generation to generation until it was sold for the first time in its existence in 2021. In 2021 it was taken down to the studs and thoughtfully renovated, Preserving Its old Florida charm mixed with modern high-end finishes and amenities. Fixed on a high .29-acre waterfront lot with 50 feet of waterfrontage and a dock. You can hop on your boat and do some fishing in the gulf or hang out at shell island in less than 10 minutes. Upon entering the home, you are greeted with the original hardwood flooring throughout, and 14-foot vaulted ceiling in the main room. This home features a custom kitchen with Calcutta quartz countertops, soft close cabinets, gas range, with a pot filler, and stainless, fridge and dishwasher. this home also features a large primary suite, with a custom walk-in closet, and luxurious on suite bathroom finished with a double vanity, and a wet room style walk-in shower and claw foot tub. The most unique feature of this house sits in the back yard. A very charming 1 bed, 1 bath 621 sqft cottage. The cottage was also gut renovated in 2021 as well and has its own private access via the Alley way that runs behind the property and is on separate utilities as well. Perfect for a mother-in-law suite or supplemental income. Currently it is rented out long term to a wonderful tenant for $1200 per month. The back yard also features a 1 car garage. Do not miss this very rare opportunity to own a home in one of the most sought-after neighborhoods, on some of the most desirable waterfront in Panama City.