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Property Description
Discover the potential of this vacant lot located at 563 Palermo Road in Panama City, Florida! The property previously featured a residence that has since been demolished, leaving a cleared lot ready for its next chapter. Whether you're looking to build a custom home or explore an investment opportunity, this property offers a blank canvas to bring your vision to life. Conveniently located near shopping, dining, schools, and everyday amenities, this property provides easy access to everything Panama City has to offer. Take advantage of this opportunity to create something new in an established area.
Full Property Details
Full Property Details for 563 Palermo Rd
General
- Price: $40,000
- Taxes: $335 (2025)
- Status: Active
- Type: Land Residential
- Source: Bay_County
- MLS ID: 796438
- Updated: 10/9/2026
- Added to Site: 1 day(s) ago
Location
- County: Bay
- Subdivision: St And Bay Dev Co
- Driving Directions: From Highway 98, turn north onto Highway 390. Turn left onto Venetian Way, then left onto Solano Road. Follow Solano Road as it curves right and becomes Palermo Road. The property will be on your left.
School Information
- Elementary School: Northside
- Middle School: Mowat
- High School: Mosley
Community
- Community Name: 02 - Bay County - Central
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,792
- Lot Size: .11
- Lot Dimensions: 29.0 ft x 172.0 ft
Financial Considerations
- Tax Amount: $335.88
- Tax Year: 2025
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 Think 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 ATTOM Data Solutions 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
10/09/2026
Listed
$40,000
233.33%
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
—
$19,715
-5%
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# 796438) is a Land Residential property with a lot size of 0.11 acres. 563 Palermo Road is currently listed for $40,000 and was received on October 09, 2026. Want to learn more about 563 Palermo Road? Do you have questions about finding other Land Residential 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.

