Photos to Come. 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.
Property Features
Bedrooms
- Bedrooms: 1
- Primary Bedroom Dimensions: 12' x 11'
- Primary Bedroom Level: First
Other Rooms
- Total Rooms: 4
- Dimensions: 7' x 8'
- Level: First
- Living Room Dimensions: 17' x 17'
- Living Room Level: First
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Appliances
- WasherDryerStacked
- ElectricRange
- ElectricWaterHeater
- Laundry Features: Stacked
Heating and Cooling
- Cooling Features: CentralAir, CeilingFans
- Heating Features: Central, Electric
- Heating: Yes
- Ceiling Fans: Yes
Kitchen and Dining
- Kitchen Dimensions: 9' x 13'
- Kitchen Level: First
Pool and Spa
- Pool Features: GasHeat, InGround, Community
- Spa Features: Community
Waterfront and Water Access
Manufactured and Mobile Info
Land Info
Garage and Parking
- Parking Features: AdditionalParking, CommunityStructure
Home Features
- View: Gulf
- Security Features: BuildingSecurity, FireSprinklerSystem, SecurityGate, SecuredGarageParking, SecurityGuard, FireAlarm, SmokeDetectors, SecurityService
Homeowners Association
- Association: Yes
- Association Amenities: BeachRights, Barbecue
School Information
- Elementary School: West Bay
- High School: Arnold
- Middle School: Surfside
Multi-Unit Info
Rental Info
- Units Furnished: AllUnits
Amenities and Community Features
- Community Features: Barbecue, Clubhouse, ConferenceMeetingRoom, Elevator, FitnessCenter, Gated, Park, Pool, Waterfront, ShortTermRentalAllowed
Other Property Info
- Annual Tax Amount: 5267
- Source Listing Status: Active
- County: Bay
- Directions: South on 79 to the roundabout. West on Back Beach Road. Located on South side.
- Tax Year: 2024
- Restrictions: ShortTermRentalsAllowed
- Source Property Type: Residential
- Area: 03 - Bay County - Beach
- Property Subtype: condo
- MLS Area Minor: 0325 - Beach - West South
- Source Neighborhood: Palazzo
- Parcel Number: 40001-150-093
- Postal City: Panama City Beach
- State Region: FL
- Subdivision: Palazzo
- Property Subtype: Condominium
Building and Construction
- Year Built: 2008
- Building Area Total: 1026
- Building Features: Dumpster
- Living Area Source: Appraiser
- Property Age: 17
- Architectural Style: HighRise
Utilities
- Sewer: PublicSewer
- CableConnected
- ElectricityAvailable
- HighSpeedInternetAvailable