Sold for $196,600 on 09/12/25
$196,600
505 Palermo Rd, Panama City, FL 32405
3beds
1,401sqft
Townhouse
Built in 1983
3,484.8 Square Feet Lot
$197,300 Zestimate®
$140/sqft
$1,761 Estimated rent
Home value
$197,300
$180,000 - $217,000
$1,761/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
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!
Zillow last checked: 8 hours ago
Listing updated: September 12, 2025 at 11:19am
Listed by:
Joshua Hoey 850-303-4050,
Think Real Estate
Bought with:
Paul D Gibney, SL3315203
Corcoran Reverie
Source: CPAR,MLS#: 773676
Originating MLS: Central Panhandle Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: Second
- Dimensions: 15 x 12
Bedroom
- Level: Second
- Dimensions: 12 x 10
Bedroom
- Level: Second
- Dimensions: 11 x 9
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dryer, Dishwasher, Refrigerator, Washer
Features
- Breakfast Bar
- Flooring: Carpet, Luxury Vinyl Plank
Interior area
- Total structure area: 1,401
- Total interior livable area: 1,401 sqft
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Patio & porch: Covered, Porch
- Fencing: Privacy
Lot
- Size: 3,484 sqft
- Dimensions: 21.50 x 168
- Features: Paved
Details
- Parcel number: 11677156000
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
- Attached to another structure: Yes
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1983
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Electricity Available
Community & neighborhood
Location
- Region: Panama City
- Subdivision: Venetian Villa 2nd Add Replat
Other
Other facts
- Listing terms: Cash,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/15/2025 | Listing removed | $1,750$1/sqft |
Source: CPAR #781091 Report a problem | ||
| 10/31/2025 | Listed for rent | $1,750$1/sqft |
Source: CPAR #781091 Report a problem | ||
| 9/12/2025 | Sold | $196,600-1.7%$140/sqft |
Source: | ||
| 7/21/2025 | Pending sale | $200,000$143/sqft |
Source: | ||
| 6/11/2025 | Price change | $200,000-9.1%$143/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $645 -8.5% | $68,892 +3% |
| 2023 | $705 +2.7% | $66,885 +24% |
| 2022 | $686 | $53,928 |
Find assessor info on the county website
Neighborhood: 32405
Nearby schools
GreatSchools rating
- 3/10Northside Elementary SchoolGrades: PK-5Distance: 2.4 mi
- 4/10Mowat Middle SchoolGrades: 6-8Distance: 2.4 mi
- 6/10A. Crawford Mosley High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Northside
- Middle: Mowat
- High: Mosley
Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$197,300
2% more+ $3,946
With Zillow Showcase(estimated)
$201,246


