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About This Home

This 2-bedroom, 1-bathroom single family at 1729 Palmetto Avenue in Panama City, FL is listed for $278,500 ($352 per sqft). Built in 1942, the home offers 792 sqft of living space on a 0.15 acres lot.

Agent 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 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.

Key Features

  • Built in 1942
  • 0.15 acre lot

Property Details

1 story
1 full
1942

Amenities

A/C

Monthly Cost Estimate

$1,489/mo

20% down · 6.5% · 30 years

Principal$201
Interest$1,207
Insurance$81

Estimates only. Actual payments may vary.

Location

1729 Palmetto Avenue

Panama City, FL 32401

BAYVIEW HEIGHTS

Features & Amenities

Interior Features

Newly Painted

Property Details

Construction

Foundation Off Grade Siding Vinyl

Pool Features

DeckPorch

Heating

Central

Cooling

Central Air

Appliances

DryerMicrowaveRefrigeratorSmoke DetectorStove/Oven ElectricWasher

Questions & Answers

This 2-bedroom, 1-bathroom single family at 1729 Palmetto Avenue is listed at $278,500 ($352/sqft). The estimated monthly payment is $1,207 based on 20% down at 6.5% interest.

Key features include: Built in 1942, 0.15 acre lot. Interior Features: Newly Painted.

This property is listed by Phillip E Smith and can be reached at 7139921222 or oilllc11@gmail.com.

PS

Phillip E Smith

Agent at The Premier Property Group Seacrest Office

(713) 992-1222

Listed by The Premier Property Group Seacrest Office · View on Broker Site

MLS# 998340· Source: listhub· Updated 76 days ago

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1729 Palmetto Avenue, Panama City, FL 32401

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