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For sale
    • $559,999

    138 Palm Grove Blvd, Panama City Beach, FL 32408

    3beds
    2,211sqft
    : 
    $3,568/mo
    Get pre-qualified
    Single Family Residence
    Built in 1994
    0.27 Acres Lot
    $540,400 Zestimate®
    $253/sqft
    $48/mo HOA

    What's special

    Gas fireplacePolaris pool cleanerScotchshield security window filmGlass top stoveTiftuf bermuda grassOpen floor planIrrigation system
    Newly reduced! This elegant, executive home in the very desirable Palm Bay neighborhood in Panama City Beach is priced for quick sale. The open floor plan includes a large Great Room with built-in bookcases and cabinetry, a gas fireplace and a large, wall mounted, flat screen, smart TV. The spacious kitchen has a large breakfast bar with quartz countertops, glass top stove and breakfast nook, which also has an installed flat screen TV. Filling out the main living space is a dining area that could also accommodate a pool table. The large Owners Retreat looks out onto the amazing pool area; the master bath has a Jacuzzi tub, separate shower and double vanity. There are 2 additional bedrooms, one of which includes a half bath. There is a full bathroom with access to the pool area. The large custom paver pool area has an outdoor shower and abundant seating space for hosting friends and family fun. Rounding out this beautiful home is a two-car garage with built in cabinetry and work bench, and a paver driveway. Palm Bay is a family-friendly community close to the Navy base, schools, shopping, restaurants, marinas, and the beach! The two wall mounted indoor televisions, patio television wall mount, a large additional refrigerator in garage, the security system, Polaris pool cleaner and the automatic pool filler all convey with sale. Additional Highlights include: - New Exterior Paint-2026, - Pool Paver area and sidewalks sanded and sealed-2026 - Transferable Florida Pest Control Termite Bond-Paid 2026 - New Roof-2024 - A/C-2017, - TifTuf Bermuda Grass - Scotchshield Security window film - Drip Irrigation around paver pool area - 5 Outdoor Water Spigots (2 in pool area and on 3 sides of the home) - Irrigation system - Outlets in all external areas - Low HOA fees Age, Square Footage, Lot and Room Sizes are approximate, please verify if important.
    174 days
    |
    547
    |
    40
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Laurie R Martin 850-866-3316,

    Bay Homes Real Estate, Inc

    Source: CPAR,MLS#: 785807MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Bedroom, Dining Room, Great Room, Primary Bedroom
      Primary bedroom
      • Level: First
      • Dimensions: 18 x 15
      Bedroom
      • Level: First
      • Dimensions: 16 x 12
      Bedroom
      • Level: First
      • Dimensions: 13 x 11
      Dining room
      • Level: First
      • Dimensions: 12 x 10
      Great room
      • Level: First
      • Dimensions: 24 x 14
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Electric Cooktop, Electric Oven, Electric Water Heater
      Features
      • Double Vanity, Jetted Tub, Main Level Primary, Sitting Area in Primary, Separate Shower, Walk-In Closet(s)
      Interior area
      • Total structure area: 2,211
      • Total interior livable area: 2,211 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage, Garage Door Opener
      • Garage spaces: 2
      Features
      • Patio & porch: Covered, Patio, Porch
      • Exterior features: Patio, Outdoor Shower
      • Has private pool: Yes
      • Pool features: Gunite, In Ground, Private
      • Has spa: Yes
      • Fencing: Full,Fenced,Privacy
      Lot
      • Size: 0.27 Acres
      • Dimensions: 129 x 93 x 111 x 52 x 27 x 18
      • Features: Sprinkler System, Paved
      Details
      • Parcel number: 30188995566
      • Zoning description: Resid Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • Stucco, Vinyl Siding
      • Roof: Composition,Shingle
      Condition
      • New construction: No
      • Year built: 1994

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: Electricity Available

      Community & HOA

      Community
      • Subdivision: Palm Bay Unit 4
      HOA
      • Has HOA: Yes
      • Services included: Association Management, Legal/Accounting, Maintenance Grounds
      • HOA fee: $580 annually
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $253/sqft
      • Tax assessed value: $414,366
      • Annual tax amount: $3,562
      • Date on market: 2/25/2026
      • Cumulative days on market: 110 days
      • Electric utility on property: Yes

        Estimated market value

        $540,400

        $513,000 - $567,000

        $2,930/mo

        Price history

        DateEventPrice
        5/14/2026Price change$559,999-1.8%$253/sqft
        Source: CPAR #785807 Report a problem
        3/10/2026Price change$570,000-2.6%$258/sqft
        Source: CPAR #785807 Report a problem
        2/25/2026Listed for sale$585,000+72.4%$265/sqft
        Source: CPAR #785807 Report a problem
        12/24/2018Sold$339,313+1.5%$153/sqft
        Source: CPAR #676814 Report a problem
        9/28/2018Listed for sale$334,313+2.9%$151/sqft
        Source: Coldwell Banker Residential Real Estate - Panama City Beach - Thomas Dr. #676814 Report a problem
        11/6/2008Sold$325,000-5.8%$147/sqft
        Source: Public Record Report a problem
        9/2/2008Price change$345,000-4%$156/sqft
        Source: Coldwell Banker** #383453 Report a problem
        8/8/2008Price change$359,500-7.1%$163/sqft
        Source: Coldwell Banker** #383453 Report a problem
        6/28/2008Listed for sale$387,000-18.7%$175/sqft
        Source: Coldwell Banker** #383453 Report a problem
        5/11/2005Sold$476,000+86.7%$215/sqft
        Source: Public Record Report a problem
        9/5/2002Sold$255,000$115/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,562 +1.6%$325,754 +3%
        2023$3,506 +11.3%$316,266 +3%
        2022$3,151 $307,054
        2021-- --
        2020$3,157 -12.2%$293,995 +1.9%
        2019$3,594 $288,490 +37.1%
        2018$3,594 +63.7%$210,488 +2.1%
        2017$2,196 +1.6%$206,159 +2.1%
        2016$2,160 -1.5%$201,919 +0.7%
        2015$2,193 $200,515 +0.8%
        2014$2,193 $198,924 +1.5%
        2013-- $195,984 -1.3%
        2012-- $198,489 +6.1%
        2011-- $187,095 +1.5%
        2010-- $184,330 +2.7%
        2009-- $179,484 -40.3%
        2008-- $300,686 -7.8%
        2007-- $326,240 -10.7%
        2006-- $365,226 +40.2%
        2005-- $260,514 +9.2%
        2004-- $238,598 +2%
        2003-- $233,842 +74.4%
        2002-- $134,108 +1.6%
        2001-- $131,996 +0.1%
        2000-- $131,924
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Upper Grand Lagoon

        Getting around

        7 / 100
        Car-Dependent
        42 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Breakfast Point
        • Middle: Breakfast Point
        • High: Arnold

        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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