Sold for $225,000
$225,000
531 Palermo Rd, Panama City, FL 32405
3beds
1,337sqft
Townhouse
Built in 1981
4,495 Square Feet Lot
$223,300 Zestimate®
$168/sqft
$1,820 Estimated rent
Home value
$223,300
$212,000 - $234,000
$1,820/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
*Under Contract - Seller is accepting Back-Up offers.* Seller is eager to sell and willing to negotiate closing cost concessions or a rate buy down with approved offer. Welcome to your new Venetian Villa townhome. This desirable end-unit has been completely renovated and is move-in ready. With 3 bedrooms, 2.5 bathrooms and 1337 sqft this home makes a perfect starter home or home for a growing family. Being STR eligible it would also make a great investment property. Downstairs you have an open concept living/dining room with ceramic tile flooring. The kitchen has been upgraded with granite countertops and lots of cabinetry. you will find a half bathroom underneath the stairs. There is a covered porch overlooking your quiet, privacy fenced backyard perfect for entertaining guests. Upstairs you have the main bedroom with en-suite and an additional 2 bedrooms and another full bathroom. This townhome is centrally located, close to shopping, entertainment, restaurants and schools. Don't wait, come and see this home today! All information and measurements are approximate and should be verified by buyer.
Zillow last checked: 8 hours ago
Listing updated: August 11, 2025 at 09:44pm
Listed by:
David Mashburn 850-640-7570,
Realty One Group Emerald Coast
Bought with:
Cathryn Hatcher, 3282652
Think Real Estate
Source: CPAR,MLS#: 743017
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dryer, Microwave, Refrigerator, Washer
Features
- Flooring: Tile
Interior area
- Total structure area: 1,337
- Total interior livable area: 1,337 sqft
Property
Features
- Patio & porch: Covered, Patio
- Fencing: Fenced
Lot
- Size: 4,495 sqft
- Dimensions: 29 x 155
Details
- Parcel number: 11677018000
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
- Attached to another structure: Yes
Materials
- Stucco
Condition
- Year built: 1981
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Water Connected
Community & neighborhood
Location
- Region: Panama City
- Subdivision: Venetian Villa
Other
Other facts
- Listing terms: Cash,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 12/29/2023 | Sold | $225,000$168/sqft |
Source: | ||
| 12/19/2023 | Pending sale | $225,000$168/sqft |
Source: | ||
| 12/4/2023 | Contingent | $225,000$168/sqft |
Source: | ||
| 11/19/2023 | Price change | $225,000-0.9%$168/sqft |
Source: | ||
| 11/6/2023 | Price change | $227,000-1.3%$170/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,353 +311.7% | $193,630 +162.1% |
| 2023 | $814 -3.5% | $73,886 +3% |
| 2022 | $844 | $71,734 |
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: 2.5 mi
- 6/10A. Crawford Mosley High SchoolGrades: 9-12Distance: 1.6 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.

