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Sold for $489,975
  • $489,975

    120 Palo Verde Way, Panama City Beach, FL 32407

    5beds
    2,511sqft
    Single Family Residence
    Built in 2023
    -- sqft lot
    $483,300 Zestimate®
    $195/sqft
    $3,192 Estimated rent

    Home value

    $483,300

    $459,000 - $507,000

    $3,192/mo

    Zestimate® history
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    $3,179/mo

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    What's special

    Tierra Verde is located on the desirable south side of Highway 98, providing easy access to shops, restaurants, a short drive to the beach and is 4.3 Miles to Naval Surface Warfare Center and 20 miles to Tyndall Airforce base. The "Carol" plan features a spacious back porch, Hardie siding, 9' ceilings on the first floor 8ft on the 2nd floor, EVP flooring, Ivory shaker style cabinetry in the kitchen and bathrooms, quartz countertops, and a modern tile shower. This energy efficient home offers "Home is Connected" Smart Home package, DEAKO switches, 1-year builder warranty and 10-year structural warranty. Pictures, photographs, floor plans, elevations, features, colors and sizes are approximate for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation.

    Zillow last checked:

    Listing updated:

    Source: DR HortonMLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Interior area
    • Total interior livable area: 2,511 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: 2.0
    • Stories: 2
    Details
    • Parcel number: 34887550540

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2023
    Details
    • Builder name: D.R. Horton - Panama City West

    Community & HOA

    Community
    • Subdivision: Tierra Verde Phase III
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $195/sqft
    • Tax assessed value: $434,030
    • Annual tax amount: $4,893
    • Date on market: 10/3/2023

    Price history

    DateEventPrice
    12/29/2023Sold$489,975-3%$195/sqft
    Source: Public Record Report a problem
    11/13/2023Pending sale$504,900$201/sqft
    Source: CPAR #738494 Report a problem
    11/3/2023Listed for sale$504,900-1.3%$201/sqft
    Source: CPAR #738494 Report a problem
    9/13/2023Contingent$511,525$204/sqft
    Source: CPAR #738494 Report a problem
    7/12/2023Pending sale$511,525$204/sqft
    Source: CPAR #738494 Report a problem
    5/31/2023Price change$511,525+4.4%$204/sqft
    Source: CPAR #738494 Report a problem
    5/24/2023Price change$489,900-4.2%$195/sqft
    Source: CPAR #738494 Report a problem
    5/16/2023Price change$511,525+2.3%$204/sqft
    Source: CPAR #738494 Report a problem
    5/12/2023Price change$499,900-2.3%$199/sqft
    Source: CPAR #738494 Report a problem
    5/8/2023Price change$511,525+1%$204/sqft
    Source: CPAR #738494 Report a problem
    5/5/2023Price change$506,525-1%$202/sqft
    Source: CPAR #738494 Report a problem
    3/8/2023Listed for sale$511,525$204/sqft
    Source: CPAR #738494 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,893 +406.4%$434,030 +492.8%
    2023$966 +298.5%$73,222 +722.3%
    2022$242 $8,904
    Find assessor info on the county website

    Neighborhood: 32407

    Nearby schools

    GreatSchools rating
    Schools provided by the MLS
    • Elementary: Hutchison Beach Elementary
    • Middle: Surfside Middle School
    • High: J. R. Arnold High School
    • District: Bay County School District

    Source: DR Horton. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $483,300
    2% more
    +$9,666
    With Zillow Showcase(estimated)
    $492,966