Property Attributes
- MLS#782371
- TypeCondos
- Listing Status Closed
- CountyBay
- CityPanama City Beach
- Area03 - Bay County - Beach
- NeighborhoodPalazzo
- Zip32413
- Style
- Year Built2008
- Taxes$ 5267
- Price$ 480,000
- Bedrooms1
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1026
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
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 area--with its queen sleeper sofa--flows 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 include--with no special assessments--full 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 | |
|---|---|
| 12/5/2025 | Listed $525,000 |
| 4/8/2026 | 3$509,000 |
| 5/18/2026 | 2$499,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Cable Connected,Electricity Available,High Speed Internet Available |
| Property Subtype | Condominium |
| Tax Year | 2024 |
| Community Features | Barbecue,Clubhouse,Conference/Meeting Room,Elevator,Fitness Center,Gated,Park,Pool,Waterfront,Community Pool,Short Term Rental Allowed |
| County | Bay |
| Property Type | Residential |
| HOA | true |
| Subdivision Name | Palazzo |
| Special Listing Conditions | Listed As-Is |
| Status | Closed |
| Directions | South on 79 to the roundabout. West on Back Beach Road. Located on South side. |
| High School | Arnold |
| City | Panama City Beach |
| MLS Area | 03 - Bay County - Beach |
| Elementary School | West Bay |
| Tax Annual Amount | 5267 |
| Middle/Junior High School | Surfside |
| MLS Area Minor | 0325 - Beach - West South |
| Standard Status | Closed |
| Property Sub Type Additional | Condominium |
| Association Amenities | Beach Rights,Barbecue |
| Occupancy Type | Tenant |
| Waterfront Features | Gulf,Shoreline - Sand |
| Year Built | 2008 |
| Heating | Central,Electric |
| Cooling | Central Air,Ceiling Fan(s) |
| Appliances | Washer/Dryer Stacked,Electric Range,Electric Water Heater |
| View | Gulf |
| Attached Garage | false |
| Garage Y/N | false |
| Total Rooms | 4 |
| Full Baths | 2 |
| Architectural Style | High Rise |
| Pool Features | Gas Heat,In Ground,Community |
| Security Features | Building Security,Fire Sprinkler System,Security Gate,Secured Garage/Parking,Security Guard,Fire Alarm,Smoke Detector(s),Security Service |
| Unit Number | 1304 |
| Building Features | Dumpster |
| New Construction | false |
| Spa Features | Community |
| Number Of Units Total | 129 |
Interior Features
| Total Baths | 2 |
|---|---|
| Interior Amenities | Main Level Primary |
| Furnished Units | All Units |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 1 |
| LivingAreaSource | Appraiser |
| Laundry Features | Stacked |
Exterior Features
| Lot Dimensions | 0x0 |
|---|---|
| Parking Features | Additional Parking,Community Structure |
| Building Area Total | 1026 |
| Waterfront Y/N | true |
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
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.
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 may be interested in purchasing. The data relating