#772038, Listing office: LoKation Real Estate
$215,000 List price
509 Palermo Rd Panama City, FL 32405
3 beds
2 full, 1 partial
1,471 sqft
$146 / sqft
Townhouse
Property details
About 509 Palermo Rd
GREAT PRICE ADJUSTMENT AND EXCELLENT OPORTUNITY to own a 3-bedroom townhome with an extra space for an office or 4th bedroom. 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.
Highlights
Home typeTownhouse
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size1,471 sqft
Year built1983
ParkingParking Lot
MLS #767574
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
- Total Bedroom Count: 3
- Parking: Parking Lot
- Heating: Central, Electric
- Cooling: Central Air, Ceiling Fan(s), Electric
- List Price: $215,000
- Price/SqFt: $146
- Annual Tax Amount: $1,952
- Tax Year: 2023
- 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.
- Year Built: 1983
- Living Area: 1,471 SqFt
- MLS Number: 767574
- MLS Name: BCAR
- Office Name: Home Prime Realty
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© 2025 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: 7/23/2025, 4:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 28, 2021 | Home Sold | $166,000 |
| Apr 03, 2019 | Home Sold | $130,000 |
| Jun 30, 2006 | Home Sold | $120,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $143,774 | $1,952 |
| 2022 | $139,586 | $1,885 |
| 2021 | $115,288 | $1,885 |
| 2020 | $113,696 | $1,413 |
| 2018 | $68,938 | $1,043 |
| 2017 | $69,486 | $1,041 |
History based on county public records data.
Nearby schools
5
Lynn Haven Elementary School
Public District PK-5
2.0 mi
•301 W 9th St
3
Northside Elementary School
Public District PK-5
2.4 mi
•2001 Northside Dr
6
Bay Haven Charter Academy
Public Charter KG-5
2.4 mi
•2501 Hawks Landing Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $65,399. Residents of Panama City, FL typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
21%
<35k
46%
35k-100k
31%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
38%
Single, No Kids
8%
Single, with Kids
29%
Married, No Kids
25%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
44%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Minor League Baseball Games
Horse Races
NBA/WNBA
Where do the neighbors shop?
New York & Company
Stein Mart
Chico's
Where do the neighbors go to eat?
Chick-fil-A
LongHorn Steakhouse
Qdoba
What do the neighbors drive?
Kia
Buick
Infiniti
What do the neighbors listen to?
Talk/Personality- Contemporary Inspirational
Active Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 509 Palermo Rd
The listing price of 509 Palermo Rd property is $215,000.
The property 509 Palermo Rd is a townhouse located in Panama City, Florida, 32405.
Active Listing: 509 Palermo Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 509 Palermo Rd are: Lynn Haven Elementary School (GreatSchools Rating 5/10), Northside Elementary School (GreatSchools Rating 3/10), Bay Haven Charter Academy (GreatSchools Rating 6/10), Mowat Middle School (GreatSchools Rating 5/10), University Academy Sabl Inc (GreatSchools Rating 10/10), Bay Haven Charter Middle School (GreatSchools Rating 6/10), A Crawford Mosley High School (GreatSchools Rating 6/10), Central High School (GreatSchools Rating 2/10), Bay Virtual Franchise (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $1,952 (source: MLS/based on county public records data).
The last sale was on April 28, 2021 for $166,000 (source: MLS/tax record).
The property at 509 Palermo Rd has 3 bedrooms and 2 full and 1 half bathrooms.
The property 509 Palermo Rd is 1,471 SqFt (source: MLS/tax record).
The year of construction for 509 Palermo Rd is 1983.
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 1983. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 22, 2025 and is currently priced at $215,000.
While more than 26 listings in Panama City, FL in June 2025 were sold above asking price, there were more than 47 listings sold at asking price, and more than 144 were sold below. The number of listings in Panama City, FL decreased by 2.4% between May and June 2025. Listings spent 78 days on the market in June 2025, and had a median list price of $330,871 during the same period.
From Rocket Homes Real Estate and based on county public records data.