1045 Lapaloma Terrace Panama City, FL 32401
Downtown North NeighborhoodEstimated payment $2,411/month
Highlights
- Docks
- Boat Lift
- 0.43 Acre Lot
- Home fronts a seawall
- Bayou View
- Craftsman Architecture
About This Home
''''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!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $150
Year Built
- Built in 1950
Lot Details
- 0.43 Acre Lot
- Lot Dimensions are 362x341x40x100
- Home fronts a seawall
- Property fronts a bayou
- Fenced
- Zoning described as City, Resid Single Family
Home Design
- Craftsman Architecture
- Stucco
- Stone
Interior Spaces
- Crown Molding
- Recessed Lighting
- Bayou Views
Kitchen
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Parking
- No Garage
- Driveway
Outdoor Features
- Boat Lift
- Docks
- Patio
Schools
- Cherry Street Elementary School
- Jinks Middle School
- Bay High School
Additional Features
- ENERGY STAR Qualified Equipment for Heating
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $287 | $165,443 | -- | -- |
| 2023 | $287 | $160,624 | $0 | $0 |
| 2022 | $342 | $155,946 | $0 | $0 |
| 2021 | $1,717 | $131,159 | $0 | $0 |
| 2020 | $1,712 | $129,348 | $54,112 | $75,236 |
| 2019 | $1,450 | $130,507 | $54,112 | $76,395 |
| 2018 | $1,684 | $151,123 | $0 | $0 |
| 2017 | $1,408 | $133,386 | $0 | $0 |
| 2016 | $0 | $134,429 | $0 | $0 |
| 2015 | $2,125 | $134,782 | $0 | $0 |
| 2014 | $2,218 | $141,893 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | Pending | -- | -- | -- |
| 06/23/2025 06/23/25 | For Sale | $450,000 | -- | $310 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $100 | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Deed | $100 | -- | |
| Interfamily Deed Transfer | -- | Attorney | |
| Trustee Deed | $136,100 | Attorney | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $35,817 | FHA | |
| Open | $164,835 | FHA | |
| Closed | $90,000 | FHA | |
| Previous Owner | $200,000 | New Conventional | |
| Previous Owner | $144,400 | New Conventional | |
| Previous Owner | $133,000 | New Conventional |
Source: Central Panhandle Association of REALTORS®
MLS Number: 776389
APN: 21255-000-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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