Last Sold Price
3 beds1,349 sqft$93/sqft
561 Palermo Rd, Panama City, FL 32405

Description

Townhome with an outstanding rental record. Adjoining unit was demolished so unit is priced to accomodate the cost of replacing siding on the West wall. (contractor estimate is $14,912). This unit is tenant occupied, leased through August 2020. Sale of this property is subject to the lease.Townhome with an outstanding rental record. Adjoining unit was demolished so unit is priced to accomodate the cost of replacing siding on the West wall. (contractor estimate is $14,912). This unit is tenant occupied, leased through August 2020. Sale of this property is subject to the lease.
LISTING CLOSED: 04/30/2020 12:00 AM

  1. Listed by Tom S Neubauer • ERA Neubauer Real Estate Inc

Property Details for 561 Palermo Road

Status
MLS #
690438
Days on Market
125
Taxes
$987 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Attached / Attached
Year Built
1982
Lot Size
0.08 AC / 3,484 SF
Waterfront
No
Subdivision Name
No Named Subdivision
Zoning Description
Resid Single Family

Recent comparable sales

Median sold price

$165,000

Avg days on market

53

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
$134,000 | 1206 Stephen Drive, Unit 2, Panama City, FL 32405
1/19
3

$134,000

Sold 11/12/24

3
Bedrooms
1,416
Square Feet
0.06
Acres
$195,000 | 545 Palermo Road, Panama City, FL 32405
1/29
4

$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
5

$196,600

Sold 09/12/25

3
Bedrooms
1,401
Square Feet
0.08
Acres
6

$105,600

Sold 07/02/26

3
Bedrooms
2.5
Bathrooms
1,381
Square Feet
0.07
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
$157,500 | 1210 Stephen Drive, Unit 2, Panama City, FL 32405
1/11
9

$157,500

Sold 08/21/26

3
Bedrooms
1,416
Square Feet
0.07
Acres

Location

Listing Courtesy of ERA Neubauer Real Estate Inc

Sold By Coldwell Banker Carroll Realty

Add your commute

Building Information for 561 Palermo Road

Stories-Residences-Year Built1982Building Size-Lot Size0.08 AC / 3,484 SF

Payment Calculator

$718 per month

30 year fixed, 6.55% Interest

Principal and Interest

$635

Property Taxes

$82

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 561 Palermo Road

Summary
Location and General Information
  • City: Panama City
  • County Or Parish: Bay
  • Directions: From Hwy 390, East on Ventian Way to Molina, left on Molina one vlock to Palermo, home is on the right.
  • State Region: FL
  • Postal Code: 32405
  • Latitude: 30.218925
  • Longitude: -85.669769
  • 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: 11677-128-000
  • Association: No
  • Tax Annual Amount: $987.00
  • Tax Legal Description: 17 3S 14W -10.128- 90A ST A B DEV CO PLAT BEG 1491.20' E OF SW COR TH E 22' N 162.19' WLY 28.97' S 180.95' TO POB UNIT 3-F
  • Tax Year: 2018
School Information
  • Elementary School: Northside
  • High School: Mosley
  • Middle Or Junior School: Mowat
Property
Lot Information
  • Building Area Total: 1349.0
  • Lot Features: Paved
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Dimensions: 22 x 162.19x 28.97 x 180.95
  • Lot Size Units: Acres
  • Lot Size Square Feet: 3398.0
  • Living Area Source: Appraiser
  • Structure Type: Townhouse
Property and Assessments
  • Year Built: 1982
  • Human Modified: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Available, Phone Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Exterior Features: Patio
  • Fencing: Fenced
  • Pool Features: Other, See Remarks
  • Construction Materials: Vinyl Siding, Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Security Features: Smoke Detectors
  • Roof: Fiberglass
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
  • 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: 11 x 8
  • Room Length: 11.0
  • Room Level: First
  • Room Type: Kitchen
  • Room Width: 8.0
Room 3
  • Room Dimensions: 17 x 13
  • Room Length: 17.0
  • Room Level: First
  • Room Type: Living Room
  • Room Width: 13.0
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: 17 x 12
  • Room Length: 17.0
  • Room Level: Second
  • Room Type: Primary Bedroom
  • Room Width: 12.0
Room 6
  • Room Dimensions: 10 x 12.9
  • Room Length: 10.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 12.9
Multi Family
Multi-Family Information
  • Units Furnished: None
Mobile Home
Mobile Home Information
  • Mobile Dim Units: Feet
Rental
Rental Information
  • Occupant Type: Vacant
  • Land Lease: No

Property History for 561 Palermo Road

DateEvent & SourcePriceAppreciation
Apr 30, 2020

Sold

CPAR #690438

$125,000
Mar 6, 2020

Pending

CPAR #690438

Nov 3, 2019

Listed (Active)

CPAR #690438

$125,000
DateEvent & SourcePrice
04/30/2020

Sold

CPAR #690438

$125,000
03/06/2020

Pending

CPAR #690438

11/03/2019

Listed (Active)

CPAR #690438

$125,000

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

Public Records for 561 Palermo Road

Taxable ValueLand-Additions-Total-
Tax Record2025$1,250 ($104 / month)
Home Facts
Beds3Total Finished SqFt1,349 SqFtAbove Grade Finished SqFt1,349 SqFtStories2Lot Size4,269 SqFtStyleTownhouseYear Built1982Year Renovated1992ZoningPC05CountyBAYAPN11677-128-000

Schools near 561 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: 561 Palermo Road, Panama City, FL 32405
$125,000
3
1,349
3,484
$224,500
3
1,349
3,920
3
3
1,349
4,400
$210,000
3
1,349
3,920
$210,000
3
3
1,349
3,790
$170,000
3
1,349
3,484

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 ERA Neubauer Real Estate Inc

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.