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$499,000
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Property Description
Introducing an exceptionally refined 3-bedroom, 2-bath residence offering 1,407 sq. ft. of impeccably finished, heated and cooled living space in the prestigious, historic Cove neighborhood-just minutes from Downtown Panama City's waterfront, dining, and the renowned St. Andrews Yacht Club. Reimagined with uncompromising craftsmanship, this home has undergone a complete high-end renovation, seamlessly blending timeless character with elevated modern luxury. Every major system has been renewed-including a 2018 Metal Roof, new electrical, new plumbing, and a tankless water heater-providing true peace of mind and effortless, turnkey living. Inside, refinished original hardwood floors set the stage for a sophisticated design palette and curated finishes throughout. The exquisite chef's kitchen features state-of-the-art appliances, premium quartz countertops, and a fire-clay cast-iron porcelain enamel sink with custom accessories. Champagne bronze fixtures add understated elegance, while bespoke Swedish wall murals-artfully installed in the kitchen, bar, and primary bath-introduce a distinctive touch of artistry. All design selections were thoughtfully crafted by the acclaimed 1715 Design Company. The primary suite exudes serenity as a color-drenched retreat, offering a spa-inspired atmosphere enhanced by a marble stone shower floor, refined fixtures, and custom mural work that transforms the space into a private sanctuary. Outside, the property continues to impress with a fully fenced backyard, rear alley access, a detached garage, and a charming playhouse, blending convenience, functionality, and character. Luxury Features & Highlights 3 Bedrooms "¢ 2 Full Baths 1,407Sq. Ft. of Fully Renovated Living Space Refinished Original Hardwood Floors 2018 Metal Roof, Electrical, Plumbing & Tankless Water Heater Premium Quartz Countertops & Champagne Bronze Fixtures Fire-Clay Cast-Iron Porcelain Enamel Sink with Accessories Spa-Caliber Primary Bath with Marble Stone Shower Floor Color-Drenched Primary Suite with Custom Swedish Mural Custom Swedish Murals in Kitchen, Bar & Primary Bath Design by 1715 Design Company Detached Garage & Playhouse "¢ Fully Fenced Yard "¢ Rear Alley Access Prestigious Cove Location Near Downtown & Yacht Club
Full Property Details
Full Property Details for 324 S Palo Alto Ave
General
- Price: $499,000
- Taxes: $3,072 (2024)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 782615
- Updated: 12/16/2025
- Added to Site: 39 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: Instant Hot Water
- Appliances: Electric Oven, Electric Range
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Location
- County: Bay
- Subdivision: Sudduths 10Th Add
- Driving Directions: From Beach Dr in Panama City, Travel East and South to Cherry St. Turn Right on S Palo Alto. Home is on the left
School Information
- Elementary School: Cherry Street
- Middle School: Jinks
- High School: Bay
Community
- Community Name: 02 - Bay County - Central
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Florida
- Sq. Ft. Source: Listing Agent
- Year Built: 1946
Lot Features
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 10,498
- Lot Size: .24
- Lot Dimensions: 75 x 140
Financial Considerations
- Tax Amount: $3,072
- Tax Year: 2024
Disclosures and Reports
- Legal Description: SUDDUTHS 10TH ADD. LOT 15 BLK 56 ORB 4622 P 526
- Property ID: 21439-000-000
Listed by Think Real Estate
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Schools
Schools serving 324 S Palo Alto Ave
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Merriam Cherry Street Elementary School 1125 Cherry Street, Panama City, FL 32401 | PK-5 | 0.3 mi |
Jinks Middle School 600 West 11th Street, Panama City, FL 32401 | 6-8 | 2.3 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 324 S Palo Alto Ave
Date
Details
Price
Change
Source
12/11/2025
Listed
$499,000
155.9%
MLS
3/21/2025
Sold
$195,000
—
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 324 S Palo Alto Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,072
8%
$175,791
13%
2023
$2,839
68%
$155,552
21%
2022
$1,686
3%
$128,783
3%
2021
$1,637
—
$125,032
1%
2021
$1,637
33%
$123,306
6%
2019
$1,229
-1%
$116,864
-4%
2018
$1,245
—
$122,115
—
2017
$1,239
-2%
$122,098
—
2016
$1,260
-2%
$121,604
1%
2015
$1,288
—
$120,759
—
2014
$1,283
9%
$121,055
1%
2013
$1,178
—
$119,708
—
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 324 S Palo Alto Ave
324 S Palo Alto Avenue, Panama City, FL 32401 (MLS# 782615) is a Single Family property with 3 bedrooms and 2 full bathrooms. 324 S Palo Alto Avenue is currently listed for $499,000 and was received on December 11, 2025. Want to learn more about 324 S Palo Alto Avenue? Do you have questions about finding other Single Family real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

