$2,800
2 Beds, 2.5 Baths, 1,500 sq ft
Townhome for Rent
Today
Favorites
850-258-4451
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Monthly Rent
$1,295
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Bedrooms
1 bd
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Bathrooms
1 ba
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Square Feet
608 sq ft
Details
$1,295 deposit,
Not Available
* Price shown is base rent and may not include non-optional fees and utilities.
Price, availability, fees, and any applicable rent special are subject to change without notice.
* Square footage definitions vary. Displayed square footage is approximate.
5517 Palm Way
Favorites
About This Property
Welcome to 5517 Palm Way #A in Panama City, FL! This charming 1 bedroom, 1 bathroom unit in a duplex has been recently renovated with new appliances, flooring, interior paint, and windows. With 600 square feet of living space, this cozy apartment offers a comfortable and modern living environment. Convenient stackable washer/dryer hookups are available. Don't miss out on this opportunity to call 5517 Palm Way #A your new home! Available Feb 1
5517 Palm Way is a townhome located in Bay County and the 32408 ZIP Code.
Discover Homeownership
Renting vs. Buying
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Housing Cost Per Month: $1,295
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Rent for 30 YearsRenting doesn't build equity Future EquityRenting isn't tax deductible Mortgage Interest Tax Deduction$0 Net Return
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Buy Over 30 Years$500K - $890K Future Equity$231K Mortgage Interest Tax Deduction$34K - $424K Gain Net Return
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$1,194 / month
$187,500 Listing Price
2 Beds
•2.5 Baths
•
1,224 Sq Ft
$1,320 / month
$197,000 Listing Price
3 Beds
•2.5 Baths
•
1,383 Sq Ft
$1,186 / month
$175,000 Listing Price
2 Beds
•1.5 Baths
•
1,164 Sq Ft
Contact
Rosalind R Smothers
carroll realty prop mgt inc
Central Panhandle Association of REALTORS®
Copyright 2025 © Central Panhandle Association of Realtors. All rights reserved.
Townhome Features
- Refrigerator
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
Property Address:
5517 Palm Way,
Panama City,
FL
32408
This Property
Available Property
Amenities
- Refrigerator
Situated on Florida’s Panhandle, Panama City sits about midway between Tallahassee and Pensacola. Panama City’s location on the Saint Andrew Bay affords residents plenty of opportunities for water-based recreation like sailing, kayaking, and paddle boarding in addition to fresh seafood at numerous area restaurants.
Panama City exudes a suburban vibe with a tropical twist. Residents enjoy shopping brand-name retailers at Panama City Square and Panama City Mall along 23rd Street as well as unique boutiques and specialty shops in the charming downtown area stretched along Harrison Avenue.
Panama City’s walkable downtown also boasts a bevy of diverse eateries, cozy cafes, and nightlife spots. World-class beaches are just a short drive from Panama City, along with the many exciting attractions of neighboring tourist-driven Panama City Beach. Getting around from Panama City is a breeze with access to U.S. 98 and U.S. 231.
Learn more about living in Panama City
Education
| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Drive: | 13 min | 6.1 mi | |
| Drive: | 38 min | 18.5 mi |
5517 Palm Way is within 13 minutes or 6.1 miles from Gulf Coast State, Panama City. It is also near Gulf Coast State, North Bay.
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What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources
5517 Palm Way
Panama City, FL 32408