127 Biltmore Place Panama City Beach, FL 32413
Estimated payment $3,199/month
Highlights
- Lake Front
- Contemporary Architecture
- Community Pool
- J.R. Arnold High School Rated A-
- Vaulted Ceiling
- Cul-De-Sac
About This Home
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. This beautifully maintained 4BR/2BA home in the popular Palmetto Trace community offers comfort, updates, and an unbeatable location near everything Panama City Beach has to offer. Set on a large cul-de-sac lot with a peaceful water view, the property provides extra privacy and minimal traffic — perfect for relaxing or letting kids play safely outdoors. Inside, a spacious great room with vaulted ceilings creates an open, airy feel that flows easily into the dining area and kitchen. The kitchen features granite countertops, backsplash, abundant cabinet space, and newer stainless appliances — including a refrigerator less than 4 months old and a microwave just 2 months old. Tile flooring runs through the main living areas (and under the rug in the primary suite), while one guest bedroom features brand-new carpet. Recent updates offer peace of mind, including a new roof (2021) with heavy-duty decking and 30-year shingles, HVAC system (2021), and leaf filters on the gutters. Fabric hurricane shutters provide easy storm protection, and the new driveway adds curb appeal. Out back, a screened patio overlooks the water, creating an ideal spot to enjoy morning coffee or evening sunsets. Palmetto Trace is a golf cart-friendly neighborhood where residents enjoy two community pools, sidewalks, and pet-friendly walking areas — all with low quarterly HOA dues. The beach, Pier Park, Frank Brown Park, and Aaron Bessant Park (home to concerts and events) are just minutes away, along with Topgolf and the new hospital now under construction nearby. Come see this thoughtfully updated home and enjoy all that Palmetto Trace living has to offer!
Listing Agent
Duran Group
Berkshire Hathaway HomeServices Beach Properties of Florida Listed on: 11/07/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,092
Year Built
- Built in 2002
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 172x124x121x87
- Lake Front
- Cul-De-Sac
- Sprinkler System
HOA Fees
- $327 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Contemporary Architecture
- Stucco
Interior Spaces
- Vaulted Ceiling
- Ceiling Fan
- Lake Views
- Smart Thermostat
Kitchen
- Breakfast Bar
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Enclosed Patio or Porch
Schools
- Hutchison Beach Elementary School
- Surfside Middle School
- Arnold High School
Utilities
- Central Air
- Heating Available
- Underground Utilities
Community Details
Overview
- Association fees include trash
- Palmetto Trace Subdivision
Recreation
- Community Pool
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 | $3,014 | $268,920 | -- | -- |
| 2023 | $3,014 | $261,087 | $0 | $0 |
| 2022 | $2,682 | $253,483 | $0 | $0 |
| 2021 | $2,680 | $246,100 | $0 | $0 |
| 2020 | $2,594 | $242,702 | $0 | $0 |
| 2019 | $2,463 | $237,245 | $0 | $0 |
| 2018 | $2,457 | $232,821 | $0 | $0 |
| 2017 | $2,214 | $228,032 | $0 | $0 |
| 2016 | $2,245 | $230,246 | $0 | $0 |
| 2015 | $2,352 | $232,810 | $0 | $0 |
| 2014 | $2,097 | $211,511 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/19/2025 11/19/25 | Pending | -- | -- | -- |
| 11/07/2025 11/07/25 | For Sale | $495,000 | -- | $213 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $100 | None Listed On Document | |
| Deed | $100 | None Listed On Document | |
| Quit Claim Deed | $100 | None Listed On Document | |
| Quit Claim Deed | $100 | None Listed On Document | |
| Warranty Deed | $285,000 | Mcneese Title Llc | |
| Special Warranty Deed | $219,900 | Reo Title Company Of Fl Llc | |
| Trustee Deed | -- | Attorney | |
| Warranty Deed | $349,000 | Acquire Land Title Pcb Llc | |
| Special Warranty Deed | $142,400 | Sunbelt Title Agency | |
| Special Warranty Deed | $171,400 | Sunbelt Title Agency |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $228,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $200,383 | VA | |
| Previous Owner | $331,550 | Fannie Mae Freddie Mac | |
| Previous Owner | $143,248 | No Value Available |
Source: Central Panhandle Association of REALTORS®
MLS Number: 781376
APN: 32738-514-000
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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