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 slip14x40 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 waterperfect 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 livingthis home has it all. Don't miss your chance to live where every day feels like a vacation. Schedule your private tour today.