Sold
Last Sold Price
3 beds1,401 sqft

505 Palermo Rd, Panama City, FL 32405

TownhouseProperty Type
0.08 acresLot Size
1983Year Built
$140/sq ftPrice per sq ft

Description

Looking for a move-in ready home that won't break the bank? Welcome to 505 Palermo Road—an updated townhome with solid bones, fresh finishes, and no HOA to hold you back. Whether you're a first-time buyer, an investor, or just looking to simplify life without sacrificing comfort, this one's a winner. Step inside to find stylish LVP flooring throughout the main living area, fresh paint, and a clean layout that gives you space to breathe. The open-concept living and dining combo flows into the kitchen,...Looking for a move-in ready home that won't break the bank? Welcome to 505 Palermo Road—an updated townhome with solid bones, fresh finishes, and no HOA to hold you back. Whether you're a first-time buyer, an investor, or just looking to simplify life without sacrificing comfort, this one's a winner. Step inside to find stylish LVP flooring throughout the main living area, fresh paint, and a clean layout that gives you space to breathe. The open-concept living and dining combo flows into the kitchen, where you've got classic wood cabinetry, plenty of prep space, and a breakfast bar for casual mornings or quick meals on the go. The spacious living area leads to a private fenced backyard—perfect for grilling, pets, or just kicking back under the shade tree. Upstairs, the oversized primary bedroom features an en suite bath. Two additional bedrooms and a full bath round out the upstairs, offering room for family, guests, or a dedicated home office. NO HOA—so say goodbye to surprise fees and hello to freedom. Conveniently located near schools, shopping, and a quick drive to the beach, 505 Palermo is the kind of place that makes sense—whether you're building equity or building a portfolio. Schedule your tour today!
  • Listed by: Joshua Hoey • Think Real Estate
Listing closed: 09/12/2025 12:00 AM • Source: CPAR, MLS#: 773676
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Location

Listing Courtesy of Think Real Estate

Sold By Corcoran Reverie

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Payment Calculator

$1,103 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,050

Property Taxes

$54

HOA Dues

$0

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Property Information for 505 Palermo Road

Property Details

  • Taxes: $645 / year
  • MLS Type: Residential / Attached / Attached
  • County: Bay County
  • Subdivision Name: Venetian Villa 2nd Add Replat
  • Zoning Description: Resid Single Family

Building Information

  • Year Built: 1983
  • Lot Size: 0.08 AC / 3,484 SF

Summary

Location and General Information
  • City: Panama City
  • County Or Parish: Bay
  • Directions: From the Hathaway Bridge traveling east, take 23rd St. and turn left onto Hwy 390. Continue for approximately 3 miles, then turn left onto Venetian Way. Turn left onto Solano Rd which turns slightly onto Palermo Rd. Unit will be on the left.
  • State Region: FL
  • Postal Code: 32405
  • Latitude: 30.218899
  • Longitude: -85.667592
  • State Or Province: FL
  • MLS Area Major: 02 - Bay County - Central
  • MLS Area Minor: 0204 - Bay - Central NW
Taxes and HOA Information
  • Parcel Number: 11677-156-000
  • Association: No
  • Tax Annual Amount: $645.00
  • Tax Legal Description: 17 3S 14W -10.156- 90A ST A B DEV CO PLAT BEG 2177.20' E OF SW COR TH E 22' N 161' W 21.44' S 161.12 TO POB AKA UNIT 3-0 ORB 1342 P 133
  • Tax Year: 2024
School Information
  • Elementary School: Northside
  • High School: Mosley
  • Middle Or Junior School: Mowat
Parking
  • Attached Garage: No
  • Garage: No

Property

Lot Information
  • Building Area Total: 1401.0
  • Lot Features: Paved
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Dimensions: 21.50 x 168
  • Lot Size Units: Acres
  • Lot Size Square Feet: 3528.0
  • Living Area Source: Appraiser
  • Structure Type: Townhouse
Property and Assessments
  • Year Built: 1983
  • New Construction: No
  • Human Modified: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Available

Interior and Exterior Features

Exterior Features
  • Fencing: Privacy
  • Community Features: Short Term Rental Allowed
  • Patio And Porch Features: Covered, Porch
Interior Features
  • Flooring: Luxury Vinyl Plank
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total: 3
  • Bedrooms Total: 3
  • Rooms Total: 3
  • Cooling: Yes
  • Cooling: Central Air, Ceiling Fans
  • Heating: Yes
  • Heating: Central, Electric
  • Appliances: Electric Range, Electric Water Heater

Room Information

Room 1
  • Room Dimensions: 11 x 9
  • Room Length: 11.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 9.0
Room 2
  • Room Dimensions: 12 x 10
  • Room Length: 12.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 10.0
Room 3
  • Room Dimensions: 15 x 12
  • Room Length: 15.0
  • Room Level: Second
  • Room Type: Primary Bedroom
  • Room Width: 12.0

Multi Family

Multi-Family Information
  • Units Furnished: None

Mobile Home

Mobile Home Information
  • Mobile Dim Units: Feet

Rental

Rental Information
  • Occupant Type: Vacant

Property History for 505 Palermo Road

DateEvent & SourcePriceAppreciation
Sep 12, 2025

Sold

CPAR #773676

$196,600—
Sep 11, 2025

Sold (Public Record)

Public Record #1912696390

$196,600—
Jul 20, 2025

Pending

CPAR #773676

—
DateEvent & SourcePrice
09/12/2025

Sold

CPAR #773676

$196,600
09/11/2025

Sold (Public Record)

Public Record #1912696390

$196,600
07/20/2025

Pending

CPAR #773676

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 505 Palermo Road

Taxable Value

Land

$18,815

Additions

$117,830
Total$136,645

Tax Record

2025

$2,158 ($180 / month)

Home Facts

Beds

3

Total Finished SqFt

1,401 SqFt

Above Grade Finished SqFt

1,401 SqFt

Stories

2

Lot Size

3,528 SqFt

Style

Townhouse

Year Built

1983

Year Renovated

1993

Zoning

PC05

County

BAY

APN

11677-156-000

Schools near 505 Palermo Road

This home is within Bay District Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Northside Elementary School
PublicPK to 5

Mowat Middle School
Public6 to 8

A. Crawford Mosley High School
Public9 to 12

University Academy (Sabl, Inc.)
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Think Real Estate

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