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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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1729 Palmetto Ave , Panama City, FL 32401
$249,500
Est. Payment: $1,378.45/mo
2 Bed
1 Bath
792 Sqft
0.15 Acres
Status: Active | Days on site: 144
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Harrison Lilly Team
Owner/Operator

House Description

Welcome to this charming, newly renovated bungalow by the bay, offering beautiful water views right from the front of the home. Nestled on a picturesque, oak-lined street draped in classic Spanish moss, 1729 Palmetto Ave combines coastal serenity with everyday convenience--just minutes from Gulf Coast Community College, FSU, and local favorite Papa Joe's. This inviting two-bedroom home is perfect for first-time buyers or savvy investors seeking short-term or long-term rental opportunities. Enjoy easy access to the bay just steps away--ideal for fishing, kayaking, or simply soaking in the waterfront lifestyle. Completely remodeled in 2026, the home features all-new electrical, premium luxury vinyl plank flooring, a brand-new HVAC system with a 10-year warranty, a durable metal roof, and low-maintenance vinyl siding. Additional highlights include a wired utility building with its own hot water heater for extra storage or workspace, and a spacious new 20 x 14 back deck--perfect for entertaining family and friends. Offered fully furnished, this move-in-ready home also comes with a $500 seller credit for buyers.

Highlights

Listed by Phillip E Smith , 850-775-7889 The Premier Property Group , 850-213-5000. Bay County Association of REALTORS

Property Type

Residential

Lot/Acreage
0.15

Year Built

1942

County

Bay

Area

02 - Bay County - Central

Neighborhood

Bayview Heights

Listing ID

786996

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Electric Cooktop, Electric Oven
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Other:
  • ▪ Additional:Main Level Primary

Exterior Features

Lot:Paved
Lot Dimensions:50x132
Zoning:Resid Single Family
Roof:Metal
Others:
  • ▪ Additional:Deck
Sewer:Public Sewer
Principal Interest
$1,378
Taxes
$116

Home Price

$249,500

Loan Details

30 yrs
7.374%

Down Payment

20%
$49,900
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,378.45

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,378.45 $115.92 $0.00 $1,494.37
Yearly $16,541.42 $1,391.00 $0.00 $17,932.42
Total $496,242.56 $41,730.00 $0.00 $537,972.56

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Panama City, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T08:07:44.000Z

© 2026 Bay County Association of REALTORS