Sold
Last Sold Price
3 beds1,349 sqft
559 Palermo Rd, Panama City, FL 32405
TownhouseProperty Type
0.09 acresLot Size
1982Year Built
$166/sq ftPrice per sq ft

Description

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Welcome to your new Venetian Villa townhome. This desirable unit has been completely renovated and is move-in ready. This unit offers 3 bedrooms, 2.5 bathrooms and is 1349 sqft. This home would make a perfect starter home or a great home for a growing family. Being Short term renal eligible it would also make a great investment property. Downstairs you have an open concept living/dining room area that is perfect for entertaining. The kitchen...CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Welcome to your new Venetian Villa townhome. This desirable unit has been completely renovated and is move-in ready. This unit offers 3 bedrooms, 2.5 bathrooms and is 1349 sqft. This home would make a perfect starter home or a great home for a growing family. Being Short term renal eligible it would also make a great investment property. Downstairs you have an open concept living/dining room area that is perfect for entertaining. The kitchen has been remodeled and painted. You will find a half bathroom underneath the stairs. There is a covered porch overlooking your quiet, privacy fenced backyard perfect for entertaining guests. Upstairs you have the main bedroom with en-suite and an additional 2 bedrooms and another full bathroom. This townhome is centrally located, close to shopping, entertainment, restaurants and schools. Don't wait, come and see this home today!
  • Listed by: Brandie Allon • Coastal Palms Real Estate
  • Listed by: Isabel D Ozipek • Coastal Palms Real Estate
Listing closed: 01/19/2024 12:00 AM • Source: CPAR, MLS#: 750764

Recent comparable sales

Median sold price

$229,900

Avg days on market

90

Sale-to-list ratio

89.6%

Panama City, FL

9 comparable properties found

$196,600 | 505 Palermo Road, Panama City, FL 32405
1/26
1

$196,600

Sold 09/12/25

3
Bedrooms
1,401
Square Feet
0.08
Acres
$195,000 | 545 Palermo Road, Panama City, FL 32405
1/29
2

$195,000

Sold 08/20/26

3
Bedrooms
1,337
Square Feet
0.07
Acres
$165,000 | 3938 Solano Road, Panama City, FL 32405
1/13
3

$165,000

Sold 02/10/26

3
Bedrooms
1,401
Square Feet
0.06
Acres
$251,000 | 118 Ridgecrest Court, Panama City, FL 32405
1/37
4

$251,000

Sold 12/05/24

3
Bedrooms
1,569
Square Feet
0.1
Acres
$160,000 | 3902 Solano Road, Panama City, FL 32405
1/29
5

$160,000

Sold 07/01/26

3
Bedrooms
1,401
Square Feet
0.05
Acres
$252,900 | 1704 Jakes Drive, Panama City, FL 32405
1/38
6

$252,900

Sold 08/15/25

3
Bedrooms
1,484
Square Feet
0.05
Acres
$229,900 | 1713 Jakes Drive, Panama City, FL 32405
1/27
7

$229,900

Sold 02/10/25

3
Bedrooms
1,484
Square Feet
0.05
Acres
$242,900 | 1734 Jakes Drive, Panama City, FL 32405
1/25
8

$242,900

Sold 02/12/25

3
Bedrooms
1,459
Square Feet
0.05
Acres
$230,000 | 1735 Jakes Drive, Panama City, FL 32405
1/36
9

$230,000

Sold 03/18/25

3
Bedrooms
1,459
Square Feet
0.05
Acres

Location

Listing Courtesy of Coastal Palms Real Estate

Sold By Miller & Associates Realty

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Payment Calculator

$1,233 per month

30 year fixed, 6.71% Interest

Principal and Interest

$1,160

Property Taxes

$73

HOA Dues

$0

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Property Information for 559 Palermo Road

Property Details
  • Taxes: $872 / year
  • MLS Type: Residential / Attached / Attached
  • County: Bay County
  • Waterfront: No
  • Subdivision Name: [No Recorded Subdiv]
Building Information
  • Year Built: 1982
  • 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. then take a right on Venetian Way. Then make a left on Salano. Turn right on Palermo townhouse is located at 559 PALERMO RD PANAMA CITY 32405
  • State Region: FL
  • Postal Code: 32405
  • Latitude: 30.218905
  • Longitude: -85.669716
  • 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: 11677-129-000
  • Association: No
  • Tax Annual Amount: $872.00
  • Tax Legal Description: 17 3S 14W -10.129- 85A ST AND BAY DEV CO PLAT BEG 1513.20' E OF SW COR TH E 22' N 150.25' WLY 25.08' S 162.19' TO POB UNIT 2-F ORB 3162 P 243
  • Tax Year: 2022
School Information
  • Elementary School: Northside
  • High School: Mosley
  • Middle Or Junior School: Mowat
Parking
  • Garage: No
Property
Lot Information
  • Building Area Total: 1349.0
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Dimensions: 24 x 156
  • Lot Size Units: Acres
  • Lot Size Square Feet: 3703.0
  • Living Area Source: Appraiser
  • Structure Type: Townhouse
Property and Assessments
  • Year Built: 1982
  • Human Modified: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Water Connected
Interior and Exterior Features
Exterior Features
  • Community Features: Short Term Rental Allowed
Interior Features
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total: 3
  • Bedrooms Total: 3
  • Rooms Total: 3
  • Cooling: Yes
  • Cooling: Central Air
  • Heating: Yes
  • Heating: Central
Room Information
Room 1
  • Room Description: Please check yourself if important.
  • Room Dimensions: 12 x 10
  • Room Length: 12.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 10.0
Room 2
  • Room Description: Please check yourself if important.
  • Room Dimensions: 12 x 10
  • Room Length: 12.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 10.0
Room 3
  • Room Description: Please check yourself if important.
  • 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 559 Palermo Road

DateEvent & SourcePriceAppreciation
Jan 19, 2024

Sold (Public Record)

Public Record #1526241197

$224,500

+10.5% / yr

Jan 19, 2024

Sold

CPAR #750764

$224,500
Jan 5, 2024

Pending

CPAR #750764

DateEvent & SourcePrice
01/19/2024

Sold (Public Record)

Public Record #1526241197

$224,500

+10.5% / yr

01/19/2024

Sold

CPAR #750764

$224,500
01/05/2024

Pending

CPAR #750764

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

Public Records for 559 Palermo Road

Taxable ValueLand$18,815Additions$171,525Total$190,340
Tax Record2024$1,899 ($158 / month)
Home Facts
Beds3Baths2.5Total Finished SqFt1,349 SqFtAbove Grade Finished SqFt1,349 SqFtStories2Lot Size3,702 SqFtStyleSingle Family ResidenceYear Built1982Year Renovated1982ZoningPC05CountyBAYAPN11677-129-000

Schools near 559 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: 559 Palermo Road, Panama City, FL 32405
$224,500
3
1,349
3,920
$125,000
3
1,349
3,484
$210,000
3
1,349
3,920
$210,000
3
3
1,349
3,790
3
3
1,349
4,400
$105,000
3
1,330
3,058

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 Coastal Palms Real Estate

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.