Sold
Last Sold Price
3 beds1,271 sqft$126/sqft
523 Palermo Rd,Ā Panama City, FLĀ 32405
TownhouseProperty Type
3,920 sq ftLot Size
1980Year Built
$126/sq ftPrice per sq ft

Description

'CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS'This immaculate Townhome located in the heart of Lynn Haven and Panama City invites comfort and exudes modern elegance. With 3 bedrooms, 2 and a half baths, generous living space and stylish finishes, you'll enjoy the perfect setting for relaxing and entertaining. The recently renovated gourmet inspired kitchen will spark your inner chef with its granite counters, new cabinets, large pantry,recessed lighting and new stainless-steel appliances....'CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS'This immaculate Townhome located in the heart of Lynn Haven and Panama City invites comfort and exudes modern elegance. With 3 bedrooms, 2 and a half baths, generous living space and stylish finishes, you'll enjoy the perfect setting for relaxing and entertaining. The recently renovated gourmet inspired kitchen will spark your inner chef with its granite counters, new cabinets, large pantry,recessed lighting and new stainless-steel appliances. All the bathrooms have been updated with new tubs/shower fixtures, vanities and flooring. Other special highlights include the tasteful interior paint, huge double pane windows, new roof, new HVAC system, large laundry room,large cooled workshop/storage, covered patio and fenced in backyard.
Listing closed: 08/07/2020 12:00 AM • Source: CPAR, MLS#: 696563

Recent comparable sales

Median sold price

$195,000

Avg days on market

65

Sale-to-list ratio

87.5%

Panama City, FL

9 comparable properties found

$160,000 | 3902 Solano Road, Panama City, FL 32405
1/29
1

$160,000

Sold 07/01/26

3
Bedrooms
1,401
Square Feet
0.05
Acres
$165,000 | 3938 Solano Road, Panama City, FL 32405
1/13
2

$165,000

Sold 02/10/26

3
Bedrooms
1,401
Square Feet
0.06
Acres
$195,000 | 545 Palermo Road, Panama City, FL 32405
1/29
3

$195,000

Sold 08/20/26

3
Bedrooms
1,337
Square Feet
0.07
Acres
$196,600 | 505 Palermo Road, Panama City, FL 32405
1/26
4

$196,600

Sold 09/12/25

3
Bedrooms
1,401
Square Feet
0.08
Acres
$134,000 | 1206 Stephen Drive, Unit 2, Panama City, FL 32405
1/19
5

$134,000

Sold 11/12/24

3
Bedrooms
1,416
Square Feet
0.06
Acres
$157,500 | 1210 Stephen Drive, Unit 2, Panama City, FL 32405
1/11
6

$157,500

Sold 08/21/26

3
Bedrooms
1,416
Square Feet
0.07
Acres
$196,883 | 3906 Venetian Circle, Panama City, FL 32405
1/40
7

$196,883

Sold 01/15/26

3
Bedrooms
1,084
Square Feet
0.08
Acres
$211,713 | 1757 Jakes Drive, Panama City, FL 32405
1/36
8

$211,713

Sold 04/25/25

3
Bedrooms
1,459
Square Feet
0.05
Acres
$211,713 | 1715 Jakes Drive, Panama City, FL 32405
1/38
9

$211,713

Sold 04/28/25

3
Bedrooms
1,484
Square Feet
0.05
Acres

Location

Listing Courtesy of Keller Williams Success Realty

Sold By Horsley Real Estate Group

Add your commute

Payment Calculator

$870 per month

30 year fixed, 6.55% Interest

Principal and Interest

$813

Property Taxes

$57

HOA Dues

$0

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Property Information for 523 Palermo Road

Property Details
  • Taxes: $682 / year
  • MLS Type: Residential / Attached / Attached
  • County: Bay County
  • Waterfront: No
  • Parking Features: Additional Parking, No Garage
  • Subdivision Name: Venetian Villa
  • Zoning Description: Resid Multi-Family
Building Information
  • Year Built: 1980
  • Lot Size: 0.09 AC / 3,920 SF
Summary
Location and General Information
  • City: Panama City
  • County Or Parish: Bay
  • Directions: West on Hwy 390; right on Venetian Way; left on Palermo Road; home on left
  • State Region: FL
  • Postal Code: 32405
  • Latitude: 30.218876
  • Longitude: -85.668286
  • State Or Province: FL
  • Road Frontage Type: City Street
  • Road Responsibility: Public Maintained Road
  • MLS Area Major: 02 - Bay County - Central
  • MLS Area Minor: 0204 - Bay - Central NW
Taxes and HOA Information
  • Parcel Number: 11677-011-000
  • Association: No
  • Tax Annual Amount: $682.00
  • Tax Legal Description: 17/18 3S 14W -10.4- 90A BEG 1954.20' E OF SW COR TH N 139.89' E 27' S 139.89' W 27 TO POB ORB 4119 P 1115
  • Tax Year: 2019
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: 1271.0
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Dimensions: 22X139
  • Lot Size Units: Acres
  • Lot Size Square Feet: 3746.0
  • Living Area Source: Appraiser
  • Structure Type: Townhouse
Property and Assessments
  • Year Built: 1980
  • Human Modified: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Available, Water Connected
Interior and Exterior Features
Exterior Features
  • Fencing: Fenced
  • Community Features: Playground, Tennis Courts
  • Construction Materials: Hardiplank Type
  • Patio And Porch Features: Covered, Patio
  • Security Features: Smoke Detectors
Interior Features
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total: 3
  • Bedrooms Total: 3
  • Rooms Total: 6
  • Cooling: Yes
  • Cooling: Central Air, Ceiling Fans
  • Heating: Yes
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Appliances: Electric Range, Electric Water Heater
  • Window Features: Double Pane Windows
Room Information
Room 1
  • Room Dimensions: 14 x 10
  • Room Length: 14.0
  • Room Level: First
  • Room Type: Dining Room
  • Room Width: 10.0
Room 2
  • Room Dimensions: 12 x 9
  • Room Length: 12.0
  • Room Level: First
  • Room Type: Kitchen
  • Room Width: 9.0
Room 3
  • Room Dimensions: 17 x 14
  • Room Length: 17.0
  • Room Level: First
  • Room Type: Living Room
  • Room Width: 14.0
Room 4
  • Room Dimensions: 11 x 10
  • Room Length: 11.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 10.0
Room 5
  • Room Dimensions: 12 x 10
  • Room Length: 12.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 10.0
Room 6
  • Room Dimensions: 17 x 12
  • Room Length: 17.0
  • 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 523 Palermo Road

DateEvent & SourcePriceAppreciation
Aug 7, 2020

Sold

CPAR #696563

$160,000—
Jul 2, 2020

Pending

CPAR #696563

—
Apr 18, 2020

Listed (Active)

CPAR #696563

$175,000—
DateEvent & SourcePrice
08/07/2020

Sold

CPAR #696563

$160,000
07/02/2020

Pending

CPAR #696563

—
04/18/2020

Listed (Active)

CPAR #696563

$175,000

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

Public Records for 523 Palermo Road

Taxable ValueLand-Additions-Total-
Tax Record2025$1,659 ($138 / month)
Home Facts
Beds3Total Finished SqFt1,271 SqFtAbove Grade Finished SqFt1,271 SqFtStories2Lot Size3,746 SqFtStyleTownhouseYear Built1980Year Renovated2019ZoningPC05CountyBAYAPN11677-011-000

Schools near 523 Palermo Road

This home is within Bay.
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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 523 Palermo Road, Panama City, FL 32405
$160,000
3
1,271
3,920
–
3
3
1,349
3,746
$153,000
3
1,271
3,049
–
3
3
1,337
3,049
$180,000
3
1,334
3,753
$73,000
3
1,463
1,200

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Success Realty

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.