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$182,000 Just Listed
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Property Description
Corner house with a spacious Living room and Master Bedroom. Centrally located, Close to Malls, Restaurants and Parks. Close to an amazing School District. Also close to Panama City Beach and the Naval Base. This townhouse has it all. Call your Agent to look at it. CLOSING COST OFFER: Seller will pay $4000/- towards Buyer's closing cost. Grab the opportunity! This will not remain in the market for long.
Full Property Details
Full Property Details for 501 Palermo Rd
General
- Price: $182,000
- Taxes: $2,764 (2025)
- Status: Active
- Type: Townhouse
- Source: Bay_County
- MLS ID: 788159
- Updated: 4/11/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 5
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Location
- County: Bay
- Subdivision: Venetian Villa
- Driving Directions: North on Highway 390 towards HW-77. Left on Venetian Way. Left on Solano Road and all the way to the end is 501 Palermo Road right in front.
School Information
- Elementary School: Northside
- Middle School: Mowat
- High School: Mosley
Community
- Community Name: 02 - Bay County - Central
Utilities
- Sewer: Public Sewer
Structural Information
- Structure Type: Townhouse
- Stories/Levels: 2
- Sq. Ft. Source: Owner
- Year Built: 1983
Lot Features
- Lot Dimensions: 27 x 160 x 27 x 159
- Frontage: City Street
- Fencing (Description): Fenced
Financial Considerations
- Tax Amount: $2,764
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: 17 3S 14W -10.158- 90A ST A BAY DEV CO PLAT BEG 2221.20' E OF SW COR TH E 27' N 159.89' W 27.01' S 160.50' TO POB UNIT 1-0 TOG W/ ESMT ORB 4729 P 255
- Property ID: 11677-158-000
Listed by Shaukat Vohra Realty
Get Pre-Approved Today
Schools
Schools serving 501 Palermo Rd
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Northside Elementary School 2001 Northside Drive, Panama City, FL 32405 | PK-5 | 2.4 mi |
Mowat Middle School 1903 County Road 390, Lynn Haven, FL 32444 | 6-8 | 2.4 mi |
A. Crawford Mosley High School 501 Mosley Drive, Lynn Haven, FL 32444 | 9-12 | 1.5 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 501 Palermo Rd
Date
Details
Price
Change
Source
4/10/2026
Listed
$182,000
5.51%
MLS
9/07/2023
Sold
$172,500
—
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 501 Palermo Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,464
-7%
$156,031
4%
2024
$2,657
64%
$149,479
36%
2023
$1,620
27%
$109,543
58%
2022
$1,274
9%
$69,469
19%
2021
$1,173
—
$58,363
1%
2021
$1,173
49%
$57,977
19%
2019
$788
-14%
$48,757
-20%
2018
$920
—
$60,774
-1%
2017
$918
-3%
$61,225
-1%
2016
$947
-3%
$61,748
-1%
2015
$980
—
$62,157
-1%
2014
$981
5%
$62,728
-3%
2013
$933
—
$64,466
—
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 501 Palermo Rd
501 Palermo Road, Panama City, FL 32405 (MLS# 788159) is a Townhouse property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 501 Palermo Road is currently listed for $182,000 and was received on April 10, 2026. Want to learn more about 501 Palermo Road? Do you have questions about finding other Townhouse 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.

