Address
7101 Cherry Street, PANAMA CITY, FL
Price
$ 124,995
Property Attributes
  • MLS#TB8538552
  • TypeSingle Family
  • Listing Status Active
  • CountyBay
  • CityPANAMA CITY
  • AreaPanama City
  • NeighborhoodNO NAMED SUBDIVISION
  • Zip32404
  • StyleSingle Family Residence
  • Year Built1949
  • Taxes$ 1080
  • Price$ 124,995
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage800
  • Lot Size0.59 Acres
Data Source:
Stellar MLS
Property Description

Don’t miss this opportunity in Panama City! Situated on an oversized corner lot of approximately 0.58 acres, 7101 Cherry St offers a unique combination of land, potential, and location that is hard to find. The property features 2 bedrooms, 1 bathroom, a covered carport, and plenty of room to make the property your own. The home is ready for your vision, with an opportunity to add updates, new flooring, and a little TLC to truly bring it to life. The expansive lot provides plenty of possibilities for outdoor space, future improvements, and potential subdivision. Located in a convenient Panama City location, you’ll be just a short drive from the beautiful Gulf Coast beaches and Downtown Panama City, putting you close to restaurants, shopping, entertainment, and everything the area has to offer. Whether you’re looking for a home to customize, an investment opportunity, or a property with additional land potential, 7101 Cherry St is a property you won’t want to miss. With its oversized lot, corner location, and proximity to the beach and downtown, the possibilities are endless.

Price History
8/13/2026 Listed $135,000
8/27/2026 4$129,995
9/10/2026 4$124,995

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected
Roof Shingle
Appliances Convection Oven,Electric Water Heater,Refrigerator
Zoning R-6M
Construction Materials Vinyl Siding
Year Built 1949
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Bay
New Construction false
Property Type Residential
Attached Garage false
Subdivision Name NO NAMED SUBDIVISION
Facing Direction North
Garage Y/N false
Total Rooms 5
Full Baths 1
Status Active
Directions Get onto US-98 E / Tyndall Parkway. Continue east. Turn right onto Frankford Ave. Follow US-98 BUS E. Continue toward Cherry St. Turn left onto Cherry St. 7101 Cherry St will be on the left.
City PANAMA CITY
Senior Community Y/N false
MLS Area 32404 - Panama City
Lot Size Units Square Feet
Lot Size Square Feet 25613
Carport Spaces 1
Carport Y/N true
Listing Terms Cash,Conventional
Land Lease Y/N false
Tax Annual Amount 1080.8
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8538552
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot x
Legal Description 8 4S 13W -96- 131D3 BEG AT SE COR OF SW1/4 OF SW1/4 TH N 210' W 150' S 210' E 150' TO POB LESS ROAD ROW TO CHERRY ST & FOX AVE (ORB 499 P 483 DB 80 P 122) ORB 811 P 524 ORB 2076 P 27 ORB 2898 P 848
Minimum Lease No Minimum
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
In Law Suite YN false
Flood Zone Code X Yes

Interior Features

Interior Amenities Ceiling Fan(s),Eating Space In Kitchen,Primary Bedroom Main Floor
Flooring Tile
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Outside
Total Bedrooms 2
LivingAreaSource Public Records
Total Baths 1

Exterior Features

Exterior Amenities None
Water Source Public
Lot Size Area 25613
Foundation Details Crawlspace
Building Area Total 1266
Lot Size Acres 0.59
Road Surface Type Other
Private Pool false
Waterfront Y/N false
Covered Spaces 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32404

Price
AVG $330K
$120K
Taxes
AVG $1,927
$1,080
Year Built
AVG 2011
1949