Property Attributes
- MLS#990809
- TypeCondos
- Listing Status Sold
- CountyBay
- CityPanama City Beach
- AreaBay County
- NeighborhoodPALAZZO CONDOMINIUM
- Zip32413
- StyleN-A
- Year Built2008
- Taxes$ 5266
- Price$ 480,000
- Bedrooms1
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1026
Data Source:
Emerald Coast MLS (ECAR)
Property Description
MOTIVATED SELLER! Perfect for your personal get-away or as an income property... or both, Palazzo 1304 is a beautiful 1-bedroom, 2-bathroom condo with a spacious bunk room. Palazzo 1304 comfortably sleeps six and showcases stunning Gulf views the moment you walk in. Step inside and notice the new luxury vinyl plank flooring leading you to the primary bedroom, complete with new furniture and an ensuite primary bath. Continue down the hallway to find the expansive bunk room and its own full bathroom--perfect for guests or family. Convenience continues with a new stackable washer and dryer tucked neatly into a hallway closet. The kitchen features a counter-height bar, quartz countertops, new sink, and new stainless steel appliances, creating an ideal setup for meal prep and entertaining A bar height round table provides additional seating. The open-concept living areawith its queen sleeper sofaflows seamlessly out to the balcony, where the Gulf view steals the show. Key mechanical updates include a water heater replacement in 2019 and HVAC replacement in 2017 with regular maintenance. Through Nov 2025, rental income is $28,000 with 6 weeks of remodeling and the 2024 rental income was $32,000. The Palazzo, built in 2008, offers resort style amenities including a state-of-the-art fitness center, under building parking, heated pool, hot tub, grilling and picnic areas, and owner pet walking area. Major building updates completed within the past 4 years includewith no special assessmentsfull exterior painting, new deck with beach access, pool and lobby area retiling, balcony resurfacing, and parking garage fire suppression replacement. 2026 HOA amounts have not risen for 3 years.
| Elementary School | Middle School | High School |
|---|---|---|
| West Bay Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 6/1/2026 | Listed $499,900 |
General Features
| Utilities | Electric,Public Water,TV Cable |
|---|---|
| Property Subtype | Condominium |
| Community Features | Short Term Rental - Allowed,BBQ Pit/Grill,Beach,Community Room,Dumpster,Elevators,Exercise Room,Pets Allowed,Picnic Area,Pool,TV Cable |
| County | Bay |
| Property Type | Residential |
| Subdivision Name | PALAZZO CONDOMINIUM |
| Status | Sold |
| Buyer Financing | Conventional,FHA |
| Directions | South on Hwy 79 to roundabout. Turn West on Back Beach Road and continue on to Palazzo Condominiums on the South side. |
| High School | Arnold |
| City | Panama City Beach |
| MLS Area | 27 - Bay County |
| Lot Size Units | Acres |
| Elementary School | West Bay |
| Middle/Junior High School | Surfside |
| MLS Area Minor | 2725 - Beach - West South |
| Standard Status | Closed |
| Sewer | Public Sewer |
| View | Gulf |
| Waterfront Features | Gulf |
| Tax Assessed Value | 829 |
| Heating | Central |
| Cooling | Ceiling Fans,Central Air |
| Architectural Style | N/A |
| Year Built | 2008 |
| Tax Year | 2024 |
| New Construction | false |
| Total Rooms | 4 |
| Carport Y/N | false |
| Property Condition | Construction Complete |
| Association Fee Includes | Accounting,Ground Keeping,Internet Service,Master Association,Sewer,Water,Cable TV,Trash |
| Pool Features | Pool Type |
| Unit Number | UNIT 1304 |
| HOA | true |
| Security Features | Fire Alarm/Sprinkler |
Interior Features
| Total Baths | 2 |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | true |
Exterior Features
| Waterfront Y/N | true |
|---|---|
| Building Area Total | 1026 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.