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$312,000
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Property Description
Excellent investment opportunity in the highly desirable Palmetto Trace community! This well-maintained 2-bedroom, 2-bath end-unit townhome is already tenant occupied, with a renter who would love to stay, offering immediate income potential from day one. The seller has completed numerous updates, including a **new roof in 2024**, new luxury vinyl plank flooring, fresh interior paint, updated light fixtures, new appliances, granite kitchen countertops, and quartz vanity tops in both bathrooms with new sinks and faucets, making this a truly turnkey investment. Also comes with metal hurricane shutters. Overlooking a peaceful pond, the home enjoys added privacy and relaxing water views from the back patio. Inside, you'll find a bright, open floor plan with spacious living areas, abundant natural light, and low-maintenance living. Residents of Palmetto Trace enjoy two community pools, sidewalks, beautifully landscaped green spaces, and a welcoming neighborhood atmosphere. Ideally located just minutes from Pier Park, Frank Brown Park, shopping, dining, and the sugar-white beaches of the Gulf, this home offers the perfect combination of convenience, comfort, and investment potential. Whether you're looking to expand your rental portfolio or secure a low-maintenance beach property, this is an opportunity you won't want to miss.
Full Property Details
Full Property Details for 43 Park Pl
General
- Price: $312,000
- HOA FEE: $150/month
- HOA FEE FREQ.: Quarterly
- Taxes: (2025)
- Status: Active
- Type: Townhouse
- Source: Bay_County
- MLS ID: 792492
- Updated: 8/14/2026
- Added to Site: 47 day(s) ago
Interior
- Number of Rooms: 2
- Appliances: Electric Cooktop, Electric Oven
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Gazebo
- Pool: Yes
- Pool Description: Community
Parking
- Garage: Yes
- Garage Spaces: 1
Location
- County: Bay
- Subdivision: Palmetto Trace Phase 2
- Driving Directions: From Panama City Beach Parkway (US-98), turn north onto Clara Avenue. Continue to the entrance of Palmetto Trace and turn left onto Park Place. Follow Park Place into the community, and 43 Park Place will be on your left.
School Information
- Elementary School: Hutchison Beach
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
- Association: Yes
- Assoc. Fees Include: Playground, Pool(s)
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Connected
Structural Information
- Structure Type: Townhouse
- Sq. Ft. Source: Appraiser
- Year Built: 2005
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,485
- Lot Size: .08
Financial Considerations
- Association Fee: $449
- Assoc Fee Freq.: Quarterly
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: PALMETTO TRACE PHASE TWO-B LOT 145 ORB 4842 P 41
- Property ID: 32738-905-000
Listed by Think Real Estate
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Schools
Schools serving 43 Park Pl
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Hutchison Beach Elementary School 12900 Middle Beach Rd, Panama City, FL 32407 | K-5 | 1.8 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 0.8 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 43 Park Pl
Date
Details
Price
Change
Source
7/10/2026
Listed
$312,000
2.97%
MLS
5/27/2022
Sold
$303,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 43 Park Pl
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,874
—
$259,873
—
2024
$2,874
—
$260,469
-1%
2023
$2,864
49%
$262,990
64%
2021
$1,921
-12%
$160,633
-20%
2022
$2,184
14%
$201,186
45%
2021
$1,921
17%
$138,941
13%
2019
$1,635
12%
$123,165
10%
2018
$1,454
15%
$111,968
4%
2017
$1,263
5%
$107,381
3%
2016
$1,207
-4%
$103,769
-1%
2015
$1,263
—
$105,284
—
2014
$1,257
9%
$104,977
-1%
2013
$1,151
—
$106,029
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 43 Park Pl
43 Park Place, Panama City Beach, FL 32413 (MLS# 792492) is a Townhouse property with 2 bedrooms and 2 full bathrooms. 43 Park Place is currently listed for $312,000 and was received on July 10, 2026. Want to learn more about 43 Park Place? Do you have questions about finding other Townhouse real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

