505 Palermo Road, Panama City, FL 32405 - Photo 1

1/1

$196,600

Sold
Closed
Townhouse
3 Beds
2 Full Baths
1 Partial Bath

1/1

Property Description

Looking for a move-in ready home that won't break the bank? Welcome to 505 Palermo Road-an updated townhome with solid bones, fresh finishes, and no HOA to hold you back. Whether you're a first-time buyer, an investor, or just looking to simplify life without sacrificing comfort, this one's a winner. Step inside to find stylish LVP flooring throughout the main living area, fresh paint, and a clean layout that gives you space to breathe. The open-concept living and dining combo flows into the kitchen, where you've got classic wood cabinetry, plenty of prep space, and a breakfast bar for casual mornings or quick meals on the go. The spacious living area leads to a private fenced backyard-perfect for grilling, pets, or just kicking back under the shade tree. Upstairs, the oversized primary bedroom features an en suite bath. Two additional bedrooms and a full bath round out the upstairs, offering room for family, guests, or a dedicated home office. NO HOA-so say goodbye to surprise fees and hello to freedom. Conveniently located near schools, shopping, and a quick drive to the beach, 505 Palermo is the kind of place that makes sense-whether you're building equity or building a portfolio. Schedule your tour today!

Full Property Details

Full Property Details for 505 Palermo Rd

General

Sold For: $196,600
Taxes: $645 (2024)
Status: Closed
Type: Townhouse
Source: Bay_County
MLS ID: 773676
Added to Site: 243 day(s) ago

Interior

Number of Rooms: 3
Appliances: Electric Range, Electric Water Heater
Flooring: Luxury Vinyl Plank

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 2
Half Bathrooms: 1

Bedrooms

Total Bedrooms: 3

Exterior

Porch/Patio/Deck: Covered, Porch

Location

County: Bay
Subdivision: Venetian Villa 2nd Add Replat
Driving Directions: From the Hathaway Bridge traveling east, take 23rd St. and turn left onto Hwy 390. Continue for approximately 3 miles, then turn left onto Venetian Way. Turn left onto Solano Rd which turns slightly onto Palermo Rd. Unit will be on the left.

School Information

Elementary School: Northside
Middle School: Mowat
High School: Mosley

Community

Community Name: 02 - Bay County - Central

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Central Air, Ceiling Fan(s)
Heating Type: Central, Electric

Utilities

Sewer: Public Sewer
Utility Description: Electricity Available

Structural Information

Structure Type: Townhouse
Sq. Ft. Source: Appraiser
Year Built: 1983

Lot Features

Lot Size (Acres): 0.08
Lot Size (Sq. Ft.): 3,528
Lot Size: .08
Lot Dimensions: 21.50 x 168
Lot Features: Paved
Zoning: Resid Single Family
Fencing (Description): Privacy

Financial Considerations

Tax Amount: $645
Tax Year: 2024

Disclosures and Reports

Legal Description: 17 3S 14W -10.156- 90A ST A B DEV CO PLAT BEG 2177.20' E OF SW COR TH E 22' N 161' W 21.44' S 161.12 TO POB AKA UNIT 3-0 ORB 1342 P 133
Property ID: 11677-156-000

Listed by Think Real Estate
Sold by Corcoran Reverie

What's Your Home Worth?

* Indicates a required field

For a complimentary comparative market analysis, please contact us so we can discuss your home's value.

Your Property Information

Address optional

City *State *

Zip Code *

Your Contact Information

First Name *Last Name *

Email Address *

Phone Number *

Comment *

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Submit, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

Listing agent

— 505 Palermo Rd —

Think Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

Get Pre-Approved

Schools

Schools serving 505 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	1.6 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 505 Palermo Rd

Date

Details

Price

Change

Source

9/12/2025

Sold

$196,600

-1.7%

MLS

6/11/2025

Price Reduced

$200,000

-9.09%

MLS

5/19/2025

Listed

$220,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

12 Cornelia St, Freeport, FL 32439 - Photo 1

Just Listed

$369,500

Open House

12 Cornelia St Freeport, FL 32439

Single Family
Active
Updated 4 days ago

4
Beds
3
Total Baths
2,039
Sq. Ft.

Listed by Beverly Buck Team (850) 650-4563

41 Sweetclover St, Freeport, FL 32439 - Photo 1

Just Listed

$439,153

41 Sweetclover St Freeport, FL 32439

Single Family
Active
Updated 6 days ago

4
Beds
3
Total Baths
2,532
Sq. Ft.

941 W Florida 20 Hwy, Freeport, FL 32439 - Photo 1

Just Listed

$2,000,000

941 W Florida 20 Hwy Freeport, FL 32439

Commercial Investment
Active

180 Gulf Pines Ct, Freeport, FL 32439 - Photo 1

Just Listed

$544,000

180 Gulf Pines Ct Freeport, FL 32439

Single Family
Active
Updated 1 day ago

4
Beds
3
Total Baths
2,495
Sq. Ft.

400 Pitts Bayshore Dr, Freeport, FL 32439 - Photo 1

Price Reduced

-$184,000 (-11.26%)

$1,450,000

400 Pitts Bayshore Dr Freeport, FL 32439

Single Family
Active
Updated 3 days ago

4
Beds
3
Total Baths
2,734
Sq. Ft.

Listed by Cheri Dickson (850) 612-1281 and Nick Brown (540) 379-4435

96 Benton Blvd, Freeport, FL 32439 - Photo 1

Price Reduced

-$20,900 (-5.97%)

$329,000

96 Benton Blvd Freeport, FL 32439

Single Family
Active
Updated 4 days ago

4
Beds
2
Total Baths
1,778
Sq. Ft.

61 S Main Deck Dr S, Freeport, FL 32439 - Photo 1

Price Reduced

-$10,000 (-3.71%)

$259,900

61 S Main Deck Dr S Freeport, FL 32439

Townhouse
Active
Updated 3 days ago

3
Beds
3
Total Baths
1,470
Sq. Ft.

186 Huckleberry St, Freeport, FL 32439 - Photo 1

Price Reduced

-$7,700 (-2.58%)

$290,900

186 Huckleberry St Freeport, FL 32439

Single Family
Active
Updated 3 days ago

3
Beds
2
Total Baths
1,487
Sq. Ft.

3906 Venetian Cir, Panama City, FL 32405 - Photo 1

Sold

$196,883

3906 Venetian Cir Panama City, FL 32405

Condo / Townhouse
Closed
Updated 1 day ago

3
Beds
2
Total Baths

Sold

$196,883

3906 Venetian Cir Panama City, FL 32405

Single Family
Closed
Updated 1 day ago

3
Beds
2
Total Baths
1,084
Sq. Ft.

428 Venetian Way, Panama City, FL 32405 - Photo 1

Sold

$177,500

428 Venetian Way Panama City, FL 32405

Townhouse
Closed

2
Beds
2
Total Baths

4008 Woodridge Rd, Panama City, FL 32405 - Photo 1

Sold

$205,000

4008 Woodridge Rd Panama City, FL 32405

Single Family
Closed

3
Beds
2
Total Baths

505 Palermo Road, Panama City, FL 32405 (MLS# 773676) is a Townhouse property that was sold at $196,600 on September 12, 2025. Want to learn more about 505 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.

505 Palermo Rd Panama City, FL 32405