7101 Cherry Street, Panama City, FL 32404

Panama City
Local realty services provided by:Better Homes and Gardens Real Estate Historic
7101 Cherry Street,Panama City, FL 32404
$199,900
  • 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:$199,900
  • Price per sq. ft.:$249.88

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:143 day(s) ago
  • Updated:March 19, 2026 at 02:37 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:2
  • 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:$199,900
  • Price per sq. ft.:$249.88
  • Tax amount:$1,030 (2024)
The information being provided by Central Panhandle Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Central Panhandle Association Of REALTORS®. Better Homes and Gardens Real Estate Historic is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Better Homes and Gardens Real Estate Historic, a broker participant of Central Panhandle Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Central Panhandle Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Central Panhandle Association Of REALTORS®. All rights reserved.

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