535 Palermo Road

Panama City, FL 32405

$130,000
Price
3
Beds
2
Baths
1
1/2 Bath
1,337 Sq. Ft.
$97 / Sq. Ft.
1,337
Sq. Ft.
$97
per Sq. Ft.

Description

Discover the potential of this awesome property located in the vibrant city of Panama City, where everything you need is just minutes away. With Publix, Walmart, Winn-Dixie, and an array of shopping and dining options within a 2-minute drive, convenience is at your doorstep. Whether you're looking to earn $40,000-50,000 in flip profits or generate steady rental income of $1,750 per month, this property offers endless possibilities for investors and flippers. Seize this opportunity to invest in Panama...Discover the potential of this awesome property located in the vibrant city of Panama City, where everything you need is just minutes away. With Publix, Walmart, Winn-Dixie, and an array of shopping and dining options within a 2-minute drive, convenience is at your doorstep. Whether you're looking to earn $40,000-50,000 in flip profits or generate steady rental income of $1,750 per month, this property offers endless possibilities for investors and flippers. Seize this opportunity to invest in Panama City's promising real estate market and unlock its potential! Contact us today to know more!
  1. Listed by Blake A Woodham • The Gulf Coast Property Group

Property Details for 535 Palermo Road

Waterfront
No
Subdivision Name
No Named Subdivision

Location

Listing Courtesy of The Gulf Coast Property Group
Add your commute
LISTING UPDATED: 05/31/2024 02:54 PM

Property Details for 535 Palermo Road

StatusActive
MLS #757027
Days on Market19
Taxes$1,430 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Attached / Townhouse
Year Built1980
CountyBay County

Location

Listing Courtesy of The Gulf Coast Property Group
Add your commute

Building Information for 535 Palermo Road

Building/Complex535 Palermo RdFloor-Stories-Residences-Pet Policy-Year Built1980

Payment Calculator

$829 per month

30 year fixed, 7.25% Interest

Principal and Interest

$709

Property Taxes

$119

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 535 Palermo Road

Summary
Location and General Information
  • City: Panama City
  • County Or Parish: Bay
  • Directions: From Ohio Ave, to Tennessee Ave, to Venetian Way, Solano Rd and then Palermo Rd.
  • Postal Code: 32405
  • Latitude: 30.218881
  • Longitude: -85.668766
  • State Or Province: FL
  • MLS Area Major: 02 - Bay County - Central
  • MLS Area Minor: 0204 - Bay - Central NW
Taxes and HOA Information
  • Parcel Number: 11677-026-000
  • Association: No
  • Tax Annual Amount: $1,430.00
  • Tax Legal Description: 17/18 3S 14W -10.21A- COM SW COR TH E 1807.20' FOR POB TH N 139.89' E 22' S 139.89' W 22' TO POB AKA UNIT 2-C ORB 4058 P 1820
  • Tax Year: 2023
School Information
  • Elementary School: Northside
  • High School: Mosley
  • Middle Or Junior School: Mowat
Parking
  • Garage: No
Property
Lot Information
  • Lot Size Dimensions: 22 x 139
  • Living Area: 1337.0
  • Living Area Source: Appraiser
  • Structure Type: Townhouse
Property and Assessments
  • Year Built: 1980
  • Human Modified: No
Utilities
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Community Features: Short Term Rental Allowed
Interior Features
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total: 3
  • Bedrooms Total: 3
  • Furnished: Unfurnished
Room Information
Room 1
  • Room Area: 121.0
  • Room Dimensions: 11 x 11
  • Room Length: 11.0
  • Room Level: Second
  • Room Type: Primary Bedroom
  • Room Width: 11.0
Room 2
  • Room Area: 110.0
  • Room Dimensions: 10 x 11
  • Room Length: 10.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 11.0
Room 3
  • Room Area: 100.0
  • Room Dimensions: 10 x 10
  • Room Length: 10.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 10.0
Rental
Rental Information
  • Occupant Type: Vacant

Property History for 535 Palermo Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 535 Palermo Road

Taxable ValueLand$16,000Additions$101,114Total$117,114
Tax Record2023$1,430 ($119 / month)
Home Facts
Beds3Total Finished SqFt1,337 SqFtAbove Grade Finished SqFt1,337 SqFtStories2Lot Size3,049 SqFtStyleTownhouseYear Built1980Year Renovated1990CountyBAYAPN11677-026-000

Schools near 535 Palermo Road

This home is within Bay.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Northside Elementary School
PublicPK to 5

Mowat Middle School
Public6 to 8

A. Crawford Mosley High School
Public9 to 12

University Academy (Sabl, Inc.)
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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535 Palermo Road is a condo for sale in Panama City, FL 32405. This property was listed for sale on May 13, 2024 by The Gulf Coast Property Group, it's currently listed at $130,000. It has been on the market for a total of 19 days and was last sold on November 7, 2018. This listing's school district is Bay. Nearby schools include Northside Elementary School, Mowat Middle School and A. Crawford Mosley High School. 535 Palermo Road is a 3-bed, 2.5-bath, 1,337 sqft condo built in 1980.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Gulf Coast Property Group

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.