5220 Cherry Street, Panama City, FL 32404
- $140,000
- 3
- BD
- 1
- BA
- Sold Price
- $140,000
- List Price
- $159,900
- Closing Date
- Oct 03, 2025
- MLS#
- 774579
- Status
- CLOSED
- Type
- Single Family Residential
- Subtype
- Single Family Residence
- Bedrooms
- 3
- Bathrooms
- 1
- Lot Size
- 18,200
- Neighborhood
- Bay - Central SE
Property Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS 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 lot—just under half an acre—at 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).
Additional Information
- Acres
- 0.42
- Appliances
- Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
- Elementary School
- Parker
- Exterior Features
- Patio
- High School
- Rutherford
- Lot Dimensions
- 130x140
- Lot Features
- Paved
- Middle School
- Rutherford Middle
- Neighborhood
- Bay - Central SE
- Project Facilities
- Short Term Rental Allowed
- Stories
- 1
- Subdivision
- No Named Subdivision
- Year Built
- 1959
Mortgage Calculator
Listing courtesy of Beachy Beach Real Estate. Selling Office: Beachy Beach Real Estate.