545 Palermo Rd

Off Market

545 Palermo Rd

Panama City FL 32405

1337 sq. ft.

3049.2 sq. ft.

Townhouse

Last sold for $195,000

Michael McCants, last sold this property on 20 August 2026 after 90 days on market.

Overview

Welcome to 545 Palermo! This charming 3-bedroom, 2.5-bath townhome is conveniently located between Lynn Haven and Panama City, close to shopping, dining, and some of Bay County's top schools. With over 1,300 square feet of living space, the home offers a comfortable layout ideal for everyday living or entertaining. Inside, you'll find tasteful finishes throughout, including luxury vinyl flooring in the main living areas, granite countertops, stainless appliances, and updated cabinetry in the kitchen. The spacious living areas and natural light create a warm and inviting feel throughout the home. The backyard is a standout feature with privacy fencing and no rear neighbors as the property backs up to a preserve, creating a peaceful setting to relax or entertain. Located just minutes from Publix, Starbucks, local restaurants, gyms, parks, and everyday conveniences, this home is perfectly positioned for an active lifestyle. Enjoy nearby sidewalks for walking or running, quick access to the bay for fishing and boating, and convenient proximity to local churches and community amenities. Well maintained and perfectly move-in ready, this home offers comfort, convenience, and value all in one.

Features

3 bedrooms

3 bathrooms

1337 sq. ft. floor area

3049.2 sq. ft. lot size

Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in Panama City over the last 12 months, the estimated median property value of 545 Palermo Rd is $245.4k.

Median value

$245.4k

Estimated value range

$160k - $490k

Median days on market

103

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Panama City. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 545 Palermo Rd

2026

Sold

$195,000

20 Aug 2026 by Michael McCants

2020

Sold

$157,000

12 Feb 2020 by Nathan Lawrence, of Keller Williams Success Realty

2019

Sold

$46,500

29 Mar 2019 by Eugeniu Ursu, of World Impact Real Estate

Happy sellers in Panama City

60%

60% of sellers in Panama City reported that their sale price either exceeded or met their price expectations.

Panama City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Panama City over the last 12 months.

Local market activity for 3 bedroom townhouses in Panama City

In the last 12 months, 12 three-bedroom townhouses similar to 545 Palermo Rd, have been sold.

This represents a 83% increase in three-bedroom townhouses sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Panama City for a market analysis.

Beth Mulvey

at Beach House Sales and Development

(122 reviews)

Get a market analysis

Kurt Fadden

at Legacy Premier Agency

(38 reviews)

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Theresa "Terry" Nutter

at Realty ONE Group Emerald Coast | Panama City

(16 reviews)

Get a market analysis

Hannah Luge

at Emerald Coast Beach Homes LLC

(29 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Panama City

Beth Mulvey

Sellers who recommend Beth Mulvey have praised them for being local expert, responsive, clear communication, supportive, detail-oriented, friendly, and dedicated