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$50,000
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Property Description
Owner financing is available! Great buildable lot in a centrally located Venetian Villa subdivision right off Hwy 390, close to schools, shopping, restaurants and entertainment. No HOA! The lot had a spacious 3 bedroom/3 bathroom 1547 sq. ft. townhome that was destroyed by the Hurricane Michael. There's no HOA. The land use is MU-3 (mixed use). Get a brand new townhome built and use it as a primary residence or short/long term rental unit. The City of Panama City shall allow to rebuild provided a new home meets current building codes and it must be of similar size and height.
Full Property Details
Full Property Details for 563 Palermo Rd
General
- Price: $50,000
- Taxes: $329 (2024)
- Status: Active
- Type: Vacant Land
- Source: Bay_County
- MLS ID: 781781
- Updated: 1/6/2026
- Added to Site: 60 day(s) ago
Location
- County: Bay
- Subdivision: Venetian Villa
- Driving Directions: off 390 west on to venetian way left on Molina and at the curve veer right the land is on the left
School Information
- Elementary School: Northside
- Middle School: Mowat
- High School: Mosley
Community
- Community Name: 02 - Bay County - Central
Utilities
- Sewer: Public Sewer
- Utility Description: Sewer Available
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,792
- Lot Size: .11
- Lot Dimensions: 29 x 172
- Frontage: City Street
Financial Considerations
- Tax Amount: $329
- Tax Year: 2024
Disclosures and Reports
- Legal Description: 17 3S 14W -10.43- 90A ST AND BAY DEV CO PLAT BEG 1464.20' E OF SW COR TH E 27' N 180.95' W 36.40' S 162.62' TO POB TOGETHER WITH NON-EXCL ESMT FOR INGRESS/ EGRESS & SUBJ TO DRAIN ESMT ORB 4389 P 631
- Property ID: 11677-063-000
Listed by Jason Mitchell Group Real Estate
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Schools
Schools serving 563 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 | 2.5 mi |
A. Crawford Mosley High School 501 Mosley Drive, Lynn Haven, FL 32444 | 9-12 | 1.7 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 563 Palermo Rd
Date
Details
Price
Change
Source
11/17/2025
Listed
$50,000
316.67%
MLS
4/08/2021
Sold
$12,000
—
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 563 Palermo Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$329
-30%
$20,700
22%
2023
$469
13%
$16,900
22%
2021
$414
-6%
$13,900
-10%
2022
$439
6%
$15,370
20%
2021
$414
100%
$12,787
—
2019
$207
-58%
$12,787
-81%
2018
$491
—
$68,392
—
2017
$493
-3%
$68,700
-1%
2016
$508
-4%
$69,297
—
2015
$529
—
$69,568
-1%
2014
$529
6%
$69,999
—
2013
$497
—
$70,052
—
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 563 Palermo Rd
563 Palermo Road, Panama City, FL 32405 (MLS# 781781) is a Vacant Land property with a lot size of 0.11 acres. 563 Palermo Road is currently listed for $50,000 and was received on November 18, 2025. Want to learn more about 563 Palermo Road? Do you have questions about finding other Vacant Land 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.

