$169,900

5220 Cherry Street, Panama City, FL 32404

  • 3 beds |
  • 1 bath |
  • 1,400 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1959
  • Property Lot Size Icon0.42acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $121/sqft
  • Property List Date Icon Listed 7 days ago

Property Description

Large Versatile Corner Lot! This property truly stands out with its mixed-use zoning, offering a wealth of possibilities. You could easily continue using it as a spacious residence or transform it into a strategic office space; it's also suitable for further development. Whether you envision establishing a home-based business, a small commercial venture, or even redeveloping the area, this property aligns perfectly with the thriving growth of the surrounding community. At its core, you have a sizable 3-bedroom, 1-bathroom home with practical features such as a functional kitchen with breakfast area, an inside laundry room, a welcoming and generous size family room complete with a cozy fireplace and an added man-cave that creates a versatile space for entertainment or perhaps even a dedicated workspace or hobby area. Outside, the property is amplified by an expansive corner lotjust under half an acreat your disposal, boasting a generous carport providing ample space for multiple vehicles; it speaks versatility. While the roof was replaced in 2019, please note there is still some remaining damage from Hurricane Michael. Capitalize on this great deal and explore the myriad possibilities this unique property offers! (all sizes approximate and taken from public records, buyer to verify any details buyer deems important).

Listing Status:
Active
Date Added:
June 12, 2025 at 05:00AM
Listing Office:
Beachy Beach Real Estate : 850-532-6262
Listing Agent:
Jessica J Albritton : 850-258-4766
MLS ID:
978654
  • General: Fireplace
  • Appliances: CooktopDishwasherStove/Oven ElectricWater Heater - Elect
  • Flooring: Floor TileFloor Vinyl
  • A/C: Central Air

This listing courtesy of Jessica J Albritton, Beachy Beach Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Parker Elementary School

640 S Highway 22 A, Panama City, FL, 32404

Grades PK-5

0.70 miles away

M

Margaret K. Lewis in Millville

203 N East Ave, Panama City, FL, 32401

Grades PK-12

1.82 miles away

R

Rutherford High School

1000 School Ave, Panama City, FL, 32401

Grades 6-12

1.89 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.