7101 CHERRY STREET Panama City, FL $ 135,000
7101 CHERRY STREET
$ 135,000
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7101 CHERRY STREET

Panama City, FL, 32404
$ 135,000
Bedrooms2 Baths1.0 Sq 800

Monthly Estimate*

$ 852

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Single Family Home for sale in Panama City, FL

for $135,000 with 2 bedrooms and 1 full bath. This 800 square foot home was built in 1949 on a lot size of 0.59.

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.

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Single Family Active

Price

$ 135,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 1,080

Style

Single Family Residence

Lot Size

0.59

Year Built

1949

Town/City

Panama City

County/Region

Bay

MLS | Web ID

TB8538552

Features
General
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 X
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
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Interior
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
Half Baths 0
Laundry Features Outside
Total Bedrooms 2
Total Baths 1
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Exterior
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
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* Excluded Features
List By
g.elyse.rachels@gmail.com

Email

Affordability Calculator

$942
Per Month
90%
10%
0%
Monthly Principal & Interest
$852
Monthly Property Taxes
$90
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/13/2026$135,000 Listed Price

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7101 CHERRY STREET, Panama City, FL, 32404 is a Single Family Home for sale at $135,000 with 800 sqft and a lot size of 0.59. 7101 CHERRY STREET has 2 bedrooms, 1.0 baths, and was built in 1949. The property's zip code is 32404 which is in Panama City, FL