7101 Cherry Street, Panama City, FL 32404

Local realty services provided by:Better Homes and Gardens Real Estate Historic
7101 Cherry Street,Panama City, FL 32404
$239,500
  • 2 Beds
  • 1 Baths
  • 800 sq. ft.
  • Single family
  • Active
Listed by: catriese m johnson
Office: coldwell banker realty
MLS#:781433
Source:FL_BCMLS

Price summary

  • Price:$239,500
  • Price per sq. ft.:$299.38

About this home

Investor Alert! Dual-Opportunity Property on a Huge Lot in Callaway! Are you looking to break into investment real estate or expand your portfolio? This property offers multiple income opportunities in one deal! Located at 7101 Cherry Street, this oversized lot once hosted two separate homes now presenting the perfect chance to revitalize the existing house with a little TLC for rental income and explore the potential to build an additional home for maximum use and profit. Situated on busy Cherry Street in Callaway, this location puts you close to schools, shopping, restaurants, and major conveniences, making it ideal for tenants and homeowners alike. Whether you're an experienced investor or a first-time buyer ready to build wealth, this property delivers the space, location, and opportunity to make it happen. Act fast. Opportunities like this don't last long!

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Home facts

  • Year built:1949
  • Listing ID #:781433
  • Added:6 day(s) ago
  • Updated:November 15, 2025 at 04:58 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:800 sq. ft.

Structure and exterior

  • Year built:1949
  • Building area:800 sq. ft.
  • Lot area:0.59 Acres

Schools

  • High school:Rutherford
  • Middle school:Rutherford Middle
  • Elementary school:Callaway

Finances and disclosures

  • Price:$239,500
  • Price per sq. ft.:$299.38
  • Tax amount:$1,030 (2024)
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