''''CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS'''' Experience the ultimate waterfront lifestyle with this captivating property at 1045 La Paloma Terrace, located in the vibrant Panama City Market. This beautiful home boasts an impressive array of features that make it ideal for both a relaxing getaway or a full-time residence.
Nestled along the serene waterfront, the property includes a boathouse equipped with a lift and a spacious dock tailor-made for entertaining guests. Imagine enjoying the stunning sunsets by the water or setting out for a quick boat ride with unparalleled Gulf access just minutes away.
Inside, the home has been thoughtfully renovated, offering 3 comfortable bedrooms and 2 modern bathrooms. Music enthusiasts will appreciate the dedicated music studio, while the large storage shed right out the back door provides practical space for all your storage needs.
Set amidst beautiful landscaped grounds with mature trees, the property exudes a tranquil charm. Yet, all the excitement of downtown Panama City is just a Short distance away by car. Revel in the city's nightlife, restaurants, entertainment, and year-round fun activities and events.
Convenience is at your doorstep with Sacred Heart Bay Medical located just two blocks away. Whether you are seeking a peaceful retreat or an exciting urban lifestyle, this property caters to every desire. Embrace the opportunity to own this remarkable waterfront haven and call today to schedule your personal showing!
Sold for $430,000
$430,000
1045 La Paloma Trl, Panama City, FL 32401
3beds
1,453sqft
Single Family Residence
Built in 1950
0.43 Acres Lot
$426,100 Zestimate®
$296/sqft
$1,866 Estimated rent
Home value
$426,100
$388,000 - $469,000
$1,866/mo
Zestimate® history
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List your homeWhat's special
Spacious dockTranquil charmModern bathroomsComfortable bedroomsBeautiful landscaped groundsStunning sunsetsDedicated music studio
Zillow last checked:
Listing updated:
Listed by:
Thomas J Kindos 850-276-9007,
Beachy Beach Real Estate
Bought with:
Sostheim Group
Corcoran Reverie
Source: CPAR,MLS#: 776389
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Kitchen, Primary Bathroom
Bedroom
- Level: First
- Dimensions: 10 x 12
Primary bathroom
- Level: First
- Dimensions: 12 x 14
Kitchen
- Level: First
- Dimensions: 9 x 12
Heating
- Central, ENERGY STAR Qualified Equipment
Cooling
- Central Air, ENERGY STAR Qualified Equipment
Appliances
- Included: Electric Cooktop, Electric Water Heater
Interior area
- Total structure area: 1,453
- Total interior livable area: 1,453 sqft
Property
Parking
- Parking features: No Garage
Features
- Patio & porch: Patio
- Exterior features: Boat Lift, Dock, Patio, Fire Pit
- Fencing: Fenced
- Has view: Yes
- View description: Bayou
- Has water view: Yes
- Water view: Bayou
- Waterfront features: Bayou, Seawall
Lot
- Size: 0.43 Acres
- Dimensions: 362 x 341 x 40 x 100
Details
- Additional structures: Other, Shed(s)
- Parcel number: 21255000000
- Zoning description: City, Resid Single Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Single Family Residence
Materials
- Stone, Stucco
- Roof: Metal
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Natural Gas Available
Community & HOA
Community
- Features: Short Term Rental Allowed
- Subdivision: [No Recorded Subdiv]
HOA
- Has HOA: No
Location
- Region: Panama City
Financial & listing details
- Price per square foot: $296/sqft
- Tax assessed value: $183,821
- Annual tax amount: $150
- Date on market: 12/4/2025
- Cumulative days on market: 15 days
Price history
| Date | Event | Price |
|---|---|---|
| 12/29/2025 | Sold | $430,000-4.4%$296/sqft |
Source:  CPAR #776389 Report a problem | ||
| 12/4/2025 | Pending sale | $450,000$310/sqft |
Source: CPAR #776389 Report a problem | ||
| 12/2/2025 | Listing removed | $450,000$310/sqft |
Source: CPAR #776389 Report a problem | ||
| 9/3/2025 | Pending sale | $450,000$310/sqft |
Source: CPAR #776389 Report a problem | ||
| 7/31/2025 | Contingent | $450,000$310/sqft |
Source: CPAR #776389 Report a problem | ||
| 7/17/2025 | Listed for sale | $450,000+57.9%$310/sqft |
Source: CPAR #776389 Report a problem | ||
| 11/30/2018 | Listing removed | $285,000$196/sqft |
Source: Counts Real Estate Group #672058 Report a problem | ||
| 8/29/2018 | Price change | $285,000-4.4%$196/sqft |
Source: Counts Real Estate Group #672058 Report a problem | ||
| 6/27/2018 | Pending sale | $298,000$205/sqft |
Source: Counts Real Estate Group #672058 Report a problem | ||
| 5/22/2018 | Listed for sale | $298,000+119%$205/sqft |
Source: Counts Real Estate Group #672058 Report a problem | ||
| 1/26/2010 | Sold | $136,100$94/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $150 -47.7% | $165,443 +3% |
| 2023 | $287 -16.2% | $160,624 +3% |
| 2022 | $342 | $155,946 |
| 2021 | -- | -- |
| 2020 | $1,712 +18.1% | $129,348 -0.9% |
| 2019 | $1,450 | $130,507 -13.6% |
| 2018 | $1,450 -13.9% | $151,123 +13.3% |
| 2017 | $1,684 +19.6% | $133,386 -0.8% |
| 2016 | $1,408 -33.7% | $134,429 -0.3% |
| 2015 | $2,125 | $134,782 -5% |
| 2014 | $2,125 | $141,893 -2.5% |
| 2013 | -- | $145,590 -0.9% |
| 2012 | -- | $146,839 -9.7% |
| 2011 | -- | $162,642 -3.5% |
| 2010 | -- | $168,607 +10.3% |
| 2009 | -- | $152,802 +10% |
| 2008 | -- | $138,911 -10.4% |
| 2007 | -- | $155,014 +1.4% |
| 2006 | -- | $152,899 +5.8% |
| 2005 | -- | $144,560 +36.7% |
| 2004 | -- | $105,766 +16.7% |
| 2003 | -- | $90,601 +15% |
| 2002 | -- | $78,753 |
| 2001 | -- | $78,753 +0.5% |
| 2000 | -- | $78,325 |
Find assessor info on the county website
Neighborhood: 32401
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Nearby schools
GreatSchools rating
- 5/10Merriam Cherry Street Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 2/10Jinks Middle SchoolGrades: 6-8Distance: 1.5 mi
- 4/10Bay High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Cherry Street
- Middle: Jinks
- High: Bay
Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Florida
- Bay County
- Panama City
- 32401
- 1045 La Paloma Trl
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