NOT LISTED FOR SALE

Palazzo Condominiums 17281 Front Beach Rd Unit 1706 Panama City Beach, FL 32413

Estimated Value: $635,507 - $791,000

2 Beds
2 Baths
1,345 Sq Ft
$517/mo HOA Fee

Last Sold September 22, 2015

Last sale price $380,000 $283 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $5,038/month

19 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Gated Community
  • J.R. Arnold High School Rated A-
  • Heated Pool
  • Clubhouse

About This Home

As of September 2015

Beautiful 2-bedroom, 2-bath Gulf front unit at Palazzo with a Gulf front master bedroom and an additional bonus or bunk room. Two bedroom units do not come on the market often and will not last long! This unit is fully furnished & decorated and the Gulf views are incredible from the top floor. Interior features an open floor plan, crown molding and raised ceilings. The glass sliders are very high quality with tinted glass. The floor to ceiling windows & glass doors truly maximize the Gulf views and the balcony is very spacious totaling 253 sq. ft. There are tile floors in the entry, kitchen, living area and bathrooms and carpet in the bedrooms. The open kitchen features stainless steel appliances, beautiful granite countertops & breakfast bar and recessed lighting with plenty of storage.

Last Agent to Sell the Property

Nathan Abbott

EXP Realty LLC License #0708425 Listed on: 08/16/2015

EXP Realty LLC

Last Buyer's Agent

Robert Stalvey II

Century 21 AllPoints Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,012

Year Built

  • Built in 2008

Lot Details

  • 261

HOA Fees

  • $517 Monthly HOA Fees

Interior Spaces

  • 1,345 Sq Ft Home
  • 1-Story Property
  • Furnished
  • High Ceiling
  • Living Room
  • Storage

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Garage
  • Guest Parking

Schools

  • Patronis Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Balcony
  • Property fronts gulf or ocean

Community Details

Overview

  • Association fees include management, cable TV, insurance, legal/accounting, ground maintenance, pest control, pool(s), recreation facilities, sewer, security, trash, water
  • High-Rise Condominium
  • Palazzo Subdivision

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Beach
  • Community Pool
  • Community Spa

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,012

Year Built

Built in 2008

Lot Details

0

HOA Fees

$517 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Subdivision Name: Palazzo
  • Architectural Style: High Rise
  • Unit Levels: One
  • Building Stories: 1
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Self Cleaning Oven, Washer
  • Interior Amenities: Breakfast Bar, High Ceilings, Storage
  • Spa Features: Community
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1345.0
  • Dining Room Type: Bedroom, Kitchen, Living Room, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Electric Heat, Other, Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Waterfront
  • Waterfront: Yes
  • Construction Type: Concrete
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Covered, Garage, Guest
  • Garage: Yes

Utilities

  • Utilities: Cable Connected, Sewer Connected, Water Connected
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 517.1
  • Community Features: Beach, Clubhouse, Elevator, Fitness Center, Gated, Other, Pool, See Remarks
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Legal/Accounting, Maintenance Grounds, Pest Control, Pool(s), Recreation Facilities, Sewer, Security, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Waterfront

Rental Info

  • Furnished: Furnished
  • Lease Term: Other

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2015
Closed on
Sep 22, 2015
Sold by
Witt Barbara
Bought by
Plumley Russel L
Seller's Agent
Nathan Abbott
EXP Realty LLC
Buyer's Agent
Robert Stalvey II
Century 21 AllPoints Realty
List Price
$389,000
Sold Price
$380,000
Premium/Discount to List
-$9,000
-2.31%
Current Estimated Value
$724,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,127
Avg. Annual Appreciation
6.71%

Purchase Details

Listed on
Mar 1, 2013
Closed on
May 8, 2013
Sold by
Johnson Glenn P and Johnson Pam J
Bought by
Neel Elizabeth E
Seller's Agent
Chris Abbott Group
Scenic Sotheby's International Realty
Buyer's Agent
Non -member
Cross Creek Realty Llc
List Price
$287,000
Sold Price
$287,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.52%

Purchase Details

Closed on
Mar 5, 2008
Sold by
Island Breeze Llc
Bought by
Johnson Glenn P and Johnson Pam J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Plumley Russel L $380,000 None Available
Neel Elizabeth E $287,000 Attorney
Johnson Glenn P $573,200 Destin Land & Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Glenn P $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $380,000 -- --
09/22/2015 09/22/15 Sold $380,000 -2.3% $283 / Sq Ft
09/04/2015 09/04/15 Pending -- -- --
08/16/2015 08/16/15 For Sale $389,000 +35.5% $289 / Sq Ft
05/08/2013 05/08/13 Sold $287,000 0.0% $213 / Sq Ft
03/15/2013 03/15/13 Pending -- -- --
03/01/2013 03/01/13 For Sale $287,000 -- $213 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $7,012 $550,248 -- --
2023 $7,012 $500,225 $0 $620,500
2022 $5,417 $454,750 $0 $454,750
2021 $5,396 $434,775 $0 $0
2020 $4,737 $395,250 $0 $395,250
2019 $4,751 $406,938 $0 $406,938
2018 $4,345 $357,000 $0 $0
2017 $4,038 $355,300 $0 $0
2016 $3,732 $323,000 $0 $0
2015 $3,621 $292,188 $0 $0
2014 $3,166 $265,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 635292

Central Panhandle Association of REALTORS®

APN: 40001-150-127