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!
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Sold for $75,000
$75,000
535 Palermo Rd, Panama City, FL 32405
3beds
1,337sqft
Townhouse
Built in 1980
3,058 Square Feet Lot
$166,100 Zestimate®
$56/sqft
$1,623 Estimated rent
Home value
$166,100
$140,000 - $193,000
$1,623/mo
Zestimate® history
Owner options
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$1,623/mo
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$1,623/mo
Rent Zestimate®
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$396/mo
Est. payment
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$396/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Blake A Woodham 904-434-8493,
The Gulf Coast Property Group
Bought with:
Lynn Boyd, 3210054
Keller Williams Success Realty
Source: CPAR,MLS#: 757027
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Bedroom, Primary Bedroom
Primary bedroom
- Level: Second
- Dimensions: 11 x 11
Bedroom
- Level: First
- Dimensions: 10 x 10
Bedroom
- Level: Second
- Dimensions: 10 x 11
Interior area
- Total structure area: 1,337
- Total interior livable area: 1,337 sqft
Property
Lot
- Size: 3,058 Square Feet
- Dimensions: 22 x 139
Details
- Parcel number: 11677026000
- Special conditions: Listed As-Is,Other,See Remarks
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
- Attached to another structure: Yes
Condition
- Year built: 1980
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Water Connected
Community & HOA
Community
- Features: Short Term Rental Allowed
- Subdivision: No Named Subdivision
HOA
- Has HOA: No
Location
- Region: Panama City
Financial & listing details
- Price per square foot: $56/sqft
- Tax assessed value: $129,586
- Annual tax amount: $1,430
- Date on market: 5/31/2024
- Cumulative days on market: 21 days
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2024 | Sold | $75,000-42.3%$56/sqft |
Source:  CPAR #757027 Report a problem | ||
| 6/5/2024 | Pending sale | $130,000$97/sqft |
Source: CPAR #757027 Report a problem | ||
| 5/31/2024 | Price change | $130,000-6.5%$97/sqft |
Source: CPAR #757027 Report a problem | ||
| 5/24/2024 | Pending sale | $139,000$104/sqft |
Source: CPAR #757027 Report a problem | ||
| 5/13/2024 | Listed for sale | $139,000+183%$104/sqft |
Source: CPAR #757027 Report a problem | ||
| 3/8/2017 | Listing removed | $925$1/sqft |
Source: Thompson Trust Realty Inc. Report a problem | ||
| 1/27/2017 | Listed for rent | $925$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 1/12/2016 | Sold | $49,110+22.8%$37/sqft |
Source: CPAR #638639 Report a problem | ||
| 12/14/2015 | Listed for sale | $40,000-40.7%$30/sqft |
Source: Coldwell Banker Carroll Realty #638639 Report a problem | ||
| 10/21/2015 | Listing removed | $67,500$50/sqft |
Source: Coldwell Banker Carroll Realty #630532 Report a problem | ||
| 9/2/2015 | Price change | $67,500-10%$50/sqft |
Source: Coldwell Banker Carroll Realty #630532 Report a problem | ||
| 4/29/2015 | Price change | $75,000+7.3%$56/sqft |
Source: Coldwell Banker/Carroll Realty #630532 Report a problem | ||
| 4/11/2015 | Listed for sale | $69,900-35.6%$52/sqft |
Source: Coldwell Banker/Carroll Realty #630532 Report a problem | ||
| 3/24/2008 | Sold | $108,500-11.4%$81/sqft |
Source: Public Record Report a problem | ||
| 3/30/2006 | Sold | $122,500$92/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,574 +10.1% | $56,059 +10% |
| 2023 | $1,430 +48% | $50,963 +10% |
| 2022 | $966 | $46,330 |
| 2021 | -- | -- |
| 2020 | $873 +49.2% | $39,830 +10% |
| 2019 | $585 | $36,209 -28.1% |
| 2018 | $585 -23.3% | $50,391 -1.2% |
| 2017 | $763 -0.1% | $50,984 -1.3% |
| 2016 | $764 +57.1% | $51,649 -18.5% |
| 2015 | $486 | $63,355 -1.1% |
| 2014 | $486 | $64,028 -2.2% |
| 2013 | -- | $65,460 |
| 2012 | -- | $65,460 -16% |
| 2011 | -- | $77,907 -12.5% |
| 2010 | -- | $88,993 -1.3% |
| 2009 | -- | $90,208 -9.2% |
| 2008 | -- | $99,329 -0.5% |
| 2007 | -- | $99,877 +5.8% |
| 2006 | -- | $94,440 |
Find assessor info on the county website
Neighborhood: 32405
Nearby homes
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Nearby schools
GreatSchools rating
- 4/10Northside Elementary SchoolGrades: PK-5Distance: 2.4 mi
- 5/10Mowat Middle SchoolGrades: 6-8Distance: 1 mi
- 6/10A. Crawford Mosley High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Northside
- Middle: Mowat
- High: Mosley
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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$166,100
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$169,422
- Florida
- Bay County
- Panama City
- 32405
- 535 Palermo Rd
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