Last Sold Price
3 beds1,330 sqft$79/sqft
551 Palermo Rd, Panama City, FL 32405

Description

All ages and sizes are approximate... Please verify if important. Centrally located spacious 3 bedroom unit with large living and dining area, half bath downstairs, screened in porch, and good sized master bedroom, new carpet, new tile. Perfect for the first time home buyer or investor. Townhouse is in great condition and move-in ready. Don't miss out on this great deal. Call today for your own private showing. Sellers will be moving in Feb 2008 --would like to move only one time----All ages and sizes are approximate... Please verify if important. Centrally located spacious 3 bedroom unit with large living and dining area, half bath downstairs, screened in porch, and good sized master bedroom, new carpet, new tile. Perfect for the first time home buyer or investor. Townhouse is in great condition and move-in ready. Don't miss out on this great deal. Call today for your own private showing. Sellers will be moving in Feb 2008 --would like to move only one time----
LISTING CLOSED: 06/20/2008 12:00 AM

  1. Listed by D. Paul Calhoun • CENTURY 21 Commander Realty

Property Details for 551 Palermo Road

Status
MLS #
374916
Days on Market
208
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Attached / Attached
Year Built
1983
Lot Size
0.07 AC / 3,058 SF
Subdivision Name
Venetian Villa 2nd Add Replat
Zoning Description
City, Resid Multi-Family

Recent comparable sales

Median sold price

$195,000

Avg days on market

56

Sale-to-list ratio

89.7%

Panama City, FL

9 comparable properties found

$195,000 | 545 Palermo Road, Panama City, FL 32405
1/29
1

$195,000

Sold 08/20/26

3
Bedrooms
1,337
Square Feet
0.07
Acres
2

$105,600

Sold 07/02/26

3
Bedrooms
2.5
Bathrooms
1,381
Square Feet
0.07
Acres
$196,600 | 505 Palermo Road, Panama City, FL 32405
1/26
3

$196,600

Sold 09/12/25

3
Bedrooms
1,401
Square Feet
0.08
Acres
$160,000 | 3902 Solano Road, Panama City, FL 32405
1/29
4

$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
5

$165,000

Sold 02/10/26

3
Bedrooms
1,401
Square Feet
0.06
Acres
$134,000 | 1206 Stephen Drive, Unit 2, Panama City, FL 32405
1/19
6

$134,000

Sold 11/12/24

3
Bedrooms
1,416
Square Feet
0.06
Acres
$315,000 | 1209 Capri Drive, Unit D, Panama City, FL 32405
1/58
7

$315,000

Sold 02/17/26

3
Bedrooms
1,572
Square Feet
0.18
Acres
$251,000 | 118 Ridgecrest Court, Panama City, FL 32405
1/37
8

$251,000

Sold 12/05/24

3
Bedrooms
1,569
Square Feet
0.1
Acres
$290,000 | 1012 Venetian Way, Panama City, FL 32405
1/31
9

$290,000

Sold 11/04/24

3
Bedrooms
1,332
Square Feet
0.23
Acres

Location

Listing Courtesy of CENTURY 21 Commander Realty

Sold By CENTURY 21 Commander Realty

Add your commute

Building Information for 551 Palermo Road

Stories-Residences-Year Built1983Building Size-Lot Size0.07 AC / 3,058 SF

Payment Calculator

$534 per month

30 year fixed, 6.55% Interest

Principal and Interest

$534

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 551 Palermo Road

Summary
Location and General Information
  • City: Panama City
  • County Or Parish: Bay
  • Directions: From Hwy 390 and Baldwin Rd (by the airport) East on Hwy 390 towards Lynn Haven, Left on Venetian Way, Left on Solano, Turns into Palemro Rd, Unit is on Left
  • State Region: FL
  • Postal Code: 32405
  • Latitude: 30.218892
  • Longitude: -85.669387
  • 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: 11677-077-000
  • Association: No
  • Tax Legal Description: 17 3S 14W -10.72- 90AST AND BAY DEV CO PLATBEG 1611.20' E OF SW COR TH N
  • Tax Year: 2006
School Information
  • Elementary School: Northside
  • High School: Mosley
  • Middle Or Junior School: Mowat
Parking
  • Attached Garage: No
Property
Lot Information
  • Building Area Total: 1330.0
  • Lot Features: Paved
  • Lot Size Dimensions: 22X139+/-
  • Structure Type: Townhouse
Property and Assessments
  • Year Built: 1983
  • Human Modified: No
Utilities
  • Utilities: Cable Connected, Electricity Available
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch
  • Fencing: Chain Link
  • Pool Features: Other, See Remarks
  • Community Features: Playground
  • Construction Materials: Frame, Hardiplank Type, Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio, Porch, Screened
  • Security Features: Smoke Detectors
  • Roof: Composition, Shingle
Interior Features
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total: 3
  • Bedrooms Total: 3
  • Rooms Total: 7
  • Cooling: Yes
  • Cooling: Central Air
  • Heating: Yes
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Appliances: Electric Range, Electric Water Heater
  • Interior Features: Utility Room
Room Information
Room 1
  • Room Dimensions: 9 x 4
  • Room Length: 9.0
  • Room Level: First
  • Room Type: Dining Room
  • Room Width: 4.0
Room 2
  • Room Dimensions: 14 x 12
  • Room Length: 14.0
  • Room Level: Second
  • Room Type: Primary Bedroom
  • Room Width: 12.0
Room 3
  • Room Dimensions: 6 x 6
  • Room Length: 6.0
  • Room Level: First
  • Room Type: Utility Room
  • Room Width: 6.0
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: 10 x 9
  • Room Length: 10.0
  • Room Level: First
  • Room Type: Kitchen
  • Room Width: 9.0
Room 6
  • Room Dimensions: 14 x 13
  • Room Length: 14.0
  • Room Level: First
  • Room Type: Living Room
  • Room Width: 13.0
Room 7
  • Room Dimensions: 12 x 10
  • Room Length: 12.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 10.0
Mobile Home
Mobile Home Information
  • Mobile Dim Units: Feet
Rental
Rental Information
  • Occupant Type: Occupied

Property History for 551 Palermo Road

DateEvent & SourcePriceAppreciation
Jun 20, 2008

Sold

CPAR #374916

$105,000
May 27, 2008

Pending

CPAR #374916

Nov 6, 2007

Listed (Active)

CPAR #374916

$139,500
DateEvent & SourcePrice
06/20/2008

Sold

CPAR #374916

$105,000
05/27/2008

Pending

CPAR #374916

11/06/2007

Listed (Active)

CPAR #374916

$139,500

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

Schools near 551 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.

Similar Homes

New listings in 32405

$299,000 | 2536 East 37th Plaza, Panama City, FL 32405
1/40
New

$299,000

3
Bedrooms
1,030
Square Feet
0.28
Acres
$299,000 | 3728 Greentree Place, Panama City, FL 32405
1/37
New

$299,000

4
Bedrooms
1,350
Square Feet
0.23
Acres
$286,000 | 826 Brandeis Avenue, Panama City, FL 32405
1/37
Open: 8/29 10:00AM - 12:00PMNew

$286,000

4
Bedrooms
1,764
Square Feet
0.37
Acres
$273,000 | 3005 Nowell Court, Panama City, FL 32405
1/43
Listed By Coldwell Banker Realty

$273,000

3
Bedrooms
1,362
Square Feet
0.17
Acres
$171,000 | 3715 Burnham Way, Panama City, FL 32405
1/17

$171,000

2
Bedrooms
800
Square Feet
0.06
Acres
$310,000 | 2503 Game Farm Road, Panama City, FL 32405
1/48

$310,000

4
Bedrooms
1,820
Square Feet
0.25
Acres
$425,000 | 830 Brandeis Avenue, Panama City, FL 32405
1/46

$425,000

3
Bedrooms
2,200
Square Feet
0.43
Acres
$49,999 | 2409 East 16th Street, Panama City, FL 32405

$49,999

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.15
Acres
$599,000 | 3001 Osprey Circle, Panama City, FL 32405
1/33

$599,000

5
Bedrooms
2,985
Square Feet
0.2
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 551 Palermo Road, Panama City, FL 32405
$105,000
3
1,330
3,058
3
3
1,349
3,746
$210,000
3
1,349
3,920
$210,000
3
3
1,349
3,790
$50,000
3
2.5
1,337
2,657
$224,500
3
1,349
3,920

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 CENTURY 21 Commander 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.