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509 Palermo Rd, Panama City, FL, 32405

$235,000

Home List Price

$2,791*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,471 SqFt
$160/SqFt
Townhouse
Schools Nearby

Location

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509 Palermo Rd, Panama City$235,000

Buyer Closing Credits

$2,791*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTownhouse
ParkingParking Lot
Year Built2003
HeatingElectric
CoolingCentral Air, Ceiling Fan(s), Electric
MLS #753765
StatusActive

About 509 Palermo Rd

GREAT OPPORTUNITY to own a 3-bedroom townhome with an extra space for an office. It is right in the middle of everything! Not quite Lynn Haven or the town! Venetian Villa townhomes are only two minutes away from Publix, Walmart, Winn-Dixie and many great restaurants. New roof installed in 2020; A/C units were changed in 2023; Tile floors and fans were replaced in 2022. This end unit has large living room that leads directly into the huge air-controlled patio or den that could be use as another bedroom or EXTRA OFFICE ROOM. Private fence in backyard to complete the perfect starter home package! Kitchen has dark oak cabinets and large walk-in pantry. All three bedrooms are upstairs.

Property Details

Property Features

Property Information:

  • Year Built: 2003
  • Living Area: 1,471 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Refrigerator
  • Flooring Type: Laminate, Tile
  • Interior: Natural Woodwork

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Parking Lot

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

School Info

Assigned Schools Information:

  • A. Crawford Mosley High School, Public District Grades 9-12
  • Mowat Middle School, Public District Grades 6-8
  • Northside Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Publix in Lynn Haven, start out going south toward Hammock Square Dr. Turn left onto Hammock Square Dr. Turn right onto W 24th St. Take the 1st right onto Petty Dr. Turn right onto W 26th St. Turn right onto Jenks Ave. Take the 1st left onto W Highway 390/FL-390. Take the 1st right onto Venetian Way. Take the 2nd left onto Solano Rd. Solano Rd becomes Palermo Rd. Property is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $235,000
  • Price Per SqFt: $160/SqFt

Tax Information:

  • Annual Amount: $1,414
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Panama City, FL.

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Panama City, FL

City

Med. Sold Price

$347.1K

Med. Price/SqFt

$204

Avg. Days On Market

82

# of Sold Homes

196

509 Palermo Rd vs Panama City

54 DAYS ON ROCKET

-28 Days

$235,000

-$112.1K Less

$160/SqFt

-$44 Less

KEY TAKEAWAY

This property is $112.1K less than the Median Sold Price and $44/SqFt less than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #753765

Listing Office:

  • Office Name: Coldwell Banker Realty

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 2:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 28, 2021Home Sold
$166,000
Apr 03, 2019Home Sold
$130,000
Jun 30, 2006Home Sold
$120,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,414$113,696
2018$1,043$68,938
2017$1,041$69,486

History based on county public records data.

Payment Calculator

$1,240

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$771

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3157213
5
/10

  • Northside Elementary School

  • 2001 Northside Dr

  • 2.41 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3157214
4
/10

  • Mowat Middle School

  • 1903 W Highway 390

  • 0.95 miles

  • Public District Grades 6-8

High School

school-card-donut-3157215
5
/10

  • A. Crawford Mosley High School

  • 501 Mosley Dr

  • 1.63 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,399. The most common annual income of people living in Panama City, FL is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 509 Palermo Rd

What is the listing price of this property?

The listing price of 509 Palermo Rd property is $235,000.

What type of property is this?

The property 509 Palermo Rd is a townhouse located in Panama City, Florida, 32405.

Is this property for sale now?

Active Listing: 509 Palermo Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 509 Palermo Rd are:
Northside Elementary School: GreatSchools Rating 5/10
Mowat Middle School: GreatSchools Rating 4/10
A. Crawford Mosley High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,414 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 28, 2021 for $166,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 509 Palermo Rd has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 509 Palermo Rd is 1,471 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 509 Palermo Rd is 2003.

Rocket Homes›Florida›Bay County›Panama City›32405›509 Palermo Rd

This home is located at 509 Palermo Rd in Panama City, FL and zip code 32405 in the Venetian VIllas neighborhood. This 1,471 square foot home was built in 2003. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 06, 2024 and is currently priced at $235,000.

Over 13 listings were sold over their listed price in March 2024 in Panama City, FL. In the same period over 120 listings were sold below the listed price and 63 listings were sold for the listed price. The inventory of homes for sale in Panama City, FL between February 2024 and March 2024 increased by 3.2%. Listings spent 82 days on the market in March 2024, and had a median list price of $347,126 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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