563 Palermo Rd Panama City, FL 32405
Estimated payment $291/month
About This Lot
Owner financing is available! Great buildable lot in a centrally located Venetian Villa subdivision right off Hwy 390, close to schools, shopping, restaurants and entertainment. No HOA! The lot had a spacious 3 bedroom/3 bathroom 1547 sq. ft. townhome that was destroyed by the Hurricane Michael. There's no HOA. The land use is MU-3 (mixed use). Get a brand new townhome built (the concrete slab is already in place) and use it as a primary residence or short/long term rental unit. The City of Panama City shall allow to rebuild provided a new home meets current building codes and it must be of similar size and height.
Listing Agent
Jason Mitchell Group Real Estate License #SL3386545 Listed on: 11/18/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $329
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 29x172
Schools
- Northside Elementary School
- Mowat Middle School
- Mosley High School
Community Details
- No Home Owners Association
- Venetian Villa Subdivision
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 | $469 | $18,590 | -- | -- |
| 2023 | $469 | $16,900 | $16,000 | $900 |
| 2022 | $439 | $15,370 | $14,470 | $900 |
| 2021 | $414 | $13,900 | $13,000 | $900 |
| 2020 | $400 | $12,787 | $11,887 | $900 |
| 2019 | $207 | $12,787 | $11,887 | $900 |
| 2018 | $491 | $68,392 | $0 | $0 |
| 2017 | $493 | $68,700 | $0 | $0 |
| 2016 | $508 | $69,297 | $0 | $0 |
| 2015 | $529 | $69,568 | $0 | $0 |
| 2014 | $529 | $69,999 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/18/2025 11/18/25 | For Sale | $50,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $12,000 | Diamond Title Agency Inc | |
| Warranty Deed | $95,000 | Florida Land Title Llc | |
| Warranty Deed | $65,000 | Lawyers Title Agency N Fl In |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $91,066 | FHA | |
| Previous Owner | $52,000 | Purchase Money Mortgage |
Source: Central Panhandle Association of REALTORS®
MLS Number: 781781
APN: 11677-063-000
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