$196,600
Panama City, FL 32405
MLS# 773676
Status: Sold
3 beds | 3 baths | 1401 sqft

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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!
Details
Maps
Contract Info
Status: Sold
List Date: 2025-05-19
List Price: $200,000
List Price/SqFt: 142.76
Current Price: $196,600
Location
Area: 02 - Bay County - Central
Street #: 505
Street Name: Palermo
Street Suffix: Road
State: FL
Zip Code: 32405
County: Bay
Sub Area: 0204 - Bay - Central NW
Subdivision: Venetian Villa 2nd Add Replat
Community/Resort: Venetian Villa
Waterfront: No
Parcel ID: 11677-156-000
Elementary School: Northside
Middle School: Mowat
High School: Mosley
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.
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
General Property Info
Sub-Type: Attached Single Unit
Design: Townhome
Apx SqFt(Htd/Cooled): 1401
SqFt Source: Prop App Site
Bedrooms: 3
Full Baths: 2
Half Baths: 1
Total Baths: 3
Year Built: 1983
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Lot Dimensions: 21.50 x 168
Acreage: 0.08
Lot Size (SqFt): 3528
Pool: No
Status Change Info
Under Contract Date: 2025-07-20
Sold Date: 2025-09-12
Sold Price: $196,600
Sold Price/SqFt: 140.33
Sold Price/Acre: 2457500
Property Features
Appliances: Dishwasher; Dryer; Range - Electric; Refrigerator; Washer; Water Heater - Electric
Master Bedroom: Second
Bedroom: Second
Cooling: Ceiling Fan(s); Central Air; Electric
Heating: Central; Electric
Exterior: Fenced Privacy; Porch Covered
Financing: Cash; Conventional; FHA; VA
Furnished: Unfurnished
Interior: Floor - Carpet
Lot Access: Paved Road
Parking Features: Driveway
Rooms: Bedroom; Master Bedroom
Utilities: Cable - Available; Electricity - Connected; Public Sewer - Connected; Public Water - Connected
Present Zoning: Resid Single Family
Room Information
Room Name | Level | Dimensions | Length | Width | Dimensions |
Master Bedroom | Second | 15 x 12 | 15.00 | 12.00 | 15 x 12 |
Bedroom | Second | 12 x 10 | 12.00 | 10.00 | 12 x 10 |
Bedroom | Second | 11 x 9 | 11.00 | 9.00 | 11 x 9 |
Listing Office: Think Real Estate
Last Updated: September - 12 - 2025
Information deemed reliable but not guaranteed.