Palazzo Condominiums 17281 Front Beach Rd Unit 1405 Panama City Beach, FL 32413
1
Bed
2
Baths
1,026
Sq Ft
$829/mo
HOA Fee
Highlights
- Beach
- Property fronts gulf or ocean
- Fishing
- J.R. Arnold High School Rated A-
- In Ground Pool
- Furnished
About This Home
As of June 2025New Listing at Palazzo - Prime Gulf Front Living in Panama City BeachWelcome to one of the most desirable locations on the West End of Panama City Beach - Palazzo! Sitting on 220 feet of pristine Gulf Front, this upscale, low-density building offers a serene escape with unmatched views and luxury living. Located just 1/4 mile west of Highway 79 and minutes from Pier Park, Palazzo offers the perfect combination of convenience and relaxation.Unlike other high-rise buildings, Palazzo features a low-density design with only 129 direct Gulf Front units, ensuring a peaceful, spacious atmosphere. With four levels of covered Gulf Front parking located under the building, you'll never have to worry about navigating massive parking garages or elevated walkways across the street. Simply pull into the building, park your car, and access your unit through the high-speed elevators.The amenities at Palazzo are second to none. Enjoy breathtaking Gulf views from the elevated heated pool and spa deck, or work up a sweat at the Gulf Front fitness center. Additional amenities include a conference facility, a Gulf Front lobby with on-site check-in and management, making it a fantastic choice for both personal and investment purposes.This exceptional one-bedroom, two-bathroom unit on the 14th floor offers approximately an 18th-floor elevation, thanks to the four levels of parking underneath the building. From this level, you'll enjoy expansive, unobstructed Gulf views that are simply stunning.With 1026 sq. ft. of space, this is one of the largest one-bedroom units on the beach! The floor plan includes a spacious bunk room, offering extra versatility and sleeping options. The interior features premium finishes including ceramic tile throughout, carpeted bedroom, granite kitchen countertops, raised panel cabinetry, and a GE Profile stainless steel appliance package. The unit is also equipped with a washer and dryer, crown molding in both the living area and master bedroom, and is wired for high-speed internet.Whether you're enjoying a relaxing day at the beach, taking a dip in the tropical pool, or fitting in a workout at the Gulf Front fitness center, this unit at Palazzo offers the ultimate beach lifestyle. Don't miss the opportunity to own one of the best one-bedroom floor plans on Panama City Beach!Contact us today for more details or to schedule a viewing!
Last Agent to Sell the Property
Allison James Estates & Homes License #3080356 Listed on: 03/12/2025
Last Buyer's Agent
Non Member
NON-MEMBER OFFICE
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,308
Year Built
- Built in 2008
HOA Fees
- $829 Monthly HOA Fees
Parking
- 1 Car Garage
Interior Spaces
- 1,026 Sq Ft Home
- Furnished
- Living Room
Kitchen
- Breakfast Bar
- Electric Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Schools
- West Bay Elementary School
- Surfside Middle School
- Arnold High School
Additional Features
- In Ground Pool
- Property fronts gulf or ocean
- Central Air
Community Details
Overview
- Association fees include cable TV, insurance, legal/accounting, ground maintenance, sewer, trash, water
- High-Rise Condominium
- Palazzo Subdivision
- 18-Story Property
Amenities
- Elevator
Recreation
- Beach
- Community Pool
- Fishing
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 12, 2025
Closed on
May 30, 2025
Sold by
Lisa G Hill Living Trust and Hill Lisa G
Bought by
Boini Rajanikanth and Chowti Padmaja
Seller's Agent
Roger Rietsema
Allison James Estates & Homes
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$549,000
Sold Price
$473,000
Premium/Discount to List
-$76,000
-13.84%
Views
11
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.84%
Original Mortgage
$378,400
Outstanding Balance
$378,400
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$118,444
Purchase Details
Closed on
Oct 26, 2009
Sold by
Island Breeze Llc
Bought by
Hill Lisa G
Similar Homes in Panama City Beach, FL
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $473,000 | South Oak Title | |
| Warranty Deed | $473,000 | South Oak Title | |
| Warranty Deed | $189,000 | Destin Land & Title Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $378,400 | New Conventional | |
| Closed | $378,400 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/02/2025 06/02/25 | Sold | $473,000 | -5.4% | $461 / Sq Ft |
| 04/18/2025 04/18/25 | Pending | -- | -- | -- |
| 04/03/2025 04/03/25 | Price Changed | $499,990 | -8.9% | $487 / Sq Ft |
| 03/12/2025 03/12/25 | For Sale | $549,000 | -- | $535 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
Tax History Compared to Growth
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 | $4,996 | $372,963 | -- | -- |
| 2023 | $4,996 | $431,375 | $0 | $0 |
| 2022 | $4,151 | $308,234 | $0 | $0 |
| 2021 | $3,507 | $280,213 | $0 | $280,213 |
| 2020 | $3,338 | $271,766 | $0 | $0 |
| 2019 | $3,251 | $267,750 | $0 | $0 |
| 2018 | $3,023 | $245,150 | $0 | $0 |
| 2017 | $2,748 | $239,745 | $0 | $0 |
| 2016 | $2,529 | $217,950 | $0 | $0 |
| 2015 | $2,434 | $203,288 | $0 | $0 |
| 2014 | $2,314 | $190,787 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Roger Rietsema
Seller's Agent in 2025
Roger Rietsema
Allison James Estates & Homes
(550) 596-5844
29 in this area
53 Total Sales
-
N
Buyer's Agent in 2025
Non Member
NON-MEMBER OFFICE
About Palazzo Condominiums
Map
Source: Central Panhandle Association of REALTORS®
MLS Number: 770494
APN: 40001-150-102
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.
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