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Agricultural Land with Home for Sale in Greenwood, Florida

5223 Palamino Ln, Greenwood, FL 32443

$749,000
26 acres
Active
ago
Est $3,857/mo

Custom-designed and built Country Estate on 26 acres. This newer home built in 2020, features 2000 sq ft of living space (2920 sq ft under roof), with expansive porches and a detached 2-car carport. There is a sitting platform (ready for a hot tub or fire pit), with electric and water, that is beautifully landscaped to enjoy year-round serenity. The home is built to the new hurricane standards with 2x6, 10 ft. walls, 6 ft windows throughout with transoms, low-e tempered glass, Hardi board siding, metal wind-resistant hip roof, and energy-efficient spray foam insulation. Other interior features are 8 ft interior doors, luxury vinyl plank flooring, and a spacious open floor plan. The current Den could easily be converted to a third bedroom. The fully landscaped yard has an in-ground irrigation system in the front yard and behind the house. The porches have new, concrete skid-resistant custom color paint flake coating epoxy finishes applied by Deese Elite Custom within the last 6 months. There is a garden location that has well established Navajo thornless blackberries and peach trees. There are water lines running to numerous locations at the barn/shop and into the pasture area. Conveniently situated to the home is an expansive red steel building with a 400 sq ft. apartment or office and a 20x30 enclosed shop with double roll-up pass-through doors and concrete flooring. The office has a full kitchen, bathroom with shower, a fold down queen size murphy bed with side cabinet storage, and an inviting covered front porch to enjoy the full view sunsets. The property's premium location is just minutes (via paved road access) to Marianna Florida, or about 25 minutes to Dothan, Alabama, or about an hour away to Panama City. The county estate is suitable for horses and other livestock. The land is zoned one home per acre and has no deed restrictions. With approx. 1240 Highway 71 road frontage, and a county-approved named road, Palamino Lane. This property is easily subdivided if desired in the future.

Sq feet
2
Beds
2
Full baths
2020
Built

Location

Street address
5223 Palamino Ln
Elevation
135 feet
Coordinates
30.9044, -85.159

Directions

From Marianna travel north on Hwy 71 go through Greenwood Palamino Ln is approximately 2.3 miles on the right. Palamino Ln is the driveway to the property.

Property details

Acreage
26 acres
MLS #
BCAR 779243
Posted

Property taxes

2024
$2,242 - OR 849 P 1 COMM AT SWC, RUN N ALONG SR#71 2628.03 FT, E 50 FT TO E RTWY TO BEGIN, RUN E

Parcels

  • 20-6N-09-0000-0090-0010

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
Independent

Exterior

Parking
Gated
Pool
Deck, Patio, Porch
Structures
Barn(s), Workshop

Structure

Style
Craftsman
Heating
Central, Electric, Heat Pump
Cooling
Ceiling Fan(s), Central Air
Materials
Hardiplank Type, Wood Frame

Interior

Room Count
15
Rooms
Bathroom x 2, Bedroom x 2, Den, Dining Room, Office
Flooring
Vinyl
Appliances
Gas Range, Tankless Water Heater, Washer Dryer Stacked
Security
Security
Accessibility
Accessible Approach With Ramp
Features
Entrance Foyer, Handicap Access, Pantry

Nearby schools

NameLevelDistrictDescription
MaloneElementary
MaloneMiddle
MariannaHigh

Listing history

DateEventPriceChangeSource
Nov 18, 2025New listing$749,000BCAR
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This 26-acre property is located at 5223 Palamino Ln in Greenwood, FL 32443. The property is available for sale for $749,000. It has a 2 bedroom, 2 bath house built in 2020.

Checked 1 hour ago — Updated

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