$239,500

7101 Cherry Street, Panama City, FL 32404

  • 2 beds |
  • 1 bath |
  • 800 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1949
  • Property Lot Size Icon0.59acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $299/sqft
  • Property List Date Icon Listed 22 days ago

Property Description

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!

Listing Status:
Active
Date Added:
November 9, 2025 at 06:00AM
Listing Office:
Coldwell Banker Realty : 850-234-6696
MLS ID:
781433
  • Style: Other
  • Parking: Carport
  • Road/Access: City Street
  • Originating MLS: CPAR_CPAR
  • County: Bay
  • Zoning: 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 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 84806496-000-000
  • Source: CPAR_CPAR

This listing courtesy of Coldwell Banker Realty

Monthly Payment

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

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Location

Schools Nearby

C

Callaway Elementary School

7115 E Highway 22, Panama City, FL, 32404

Grades KG-5

0.58 miles away

R

Rutherford High School

1000 School Ave, Panama City, FL, 32401

Grades 6-12

3.10 miles away

R

Rutherford High School

1000 School Ave, Panama City, FL, 32401

Grades 6-12

3.10 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.

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