141 Cheri LN Panama City, FL 32404

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Key Details
Property Type Single Family Home
Sub Type Attached Single Unit
Listing Status Active
Purchase Type For Sale
Square Footage 4,280 sqft
Price per Sqft $151
Subdivision No Named Subdivision
MLS Listing ID 986541
Style Fourplex
Bedrooms 9
Full Baths 5
Half Baths 3
Year Built 1984
Annual Tax Amount $5,747
Tax Year 2024
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 135x84
Property Sub-Type Attached Single Unit
Source Emerald Coast Association of REALTORS®
Land Area 4280
Property Description
Location
State FL
County Bay
Area 27 - Bay County
Zoning Resid Multi-Family
Direction From Panama City Mall, Turn left onto N Cove Blvd/Martin Luther King Jr Blvd. Turn left onto US-98 BUS E. Turn left onto Cheri Ln. The property is on the left.
Rooms
Primary Bedroom Level Upper
Master Bedroom true
Kitchen true
Interior
Interior Features Newly Painted
Heating Central
Cooling Central Air
Flooring Floor Tile
Furnishings Furnished - None
Appliance Water Heater - Elect
Exterior
Utilities Available Electric, Public Water
Roof Type Composite Shingle
Street Surface Paved
Garage No
Building
Lot Description Cleared, Dead End, Interior, Level
Faces From Panama City Mall, Turn left onto N Cove Blvd/Martin Luther King Jr Blvd. Turn left onto US-98 BUS E. Turn left onto Cheri Ln. The property is on the left.
Story 2
Sewer Public Sewer
Architectural Style Fourplex
New Construction No
Schools
Elementary Schools Parker
Middle Schools Rutherford ( Middle )
High Schools Rutherford
Others
Pets Allowed No
Tax ID 25249-300-000
Miscellaneous This impressive two-story quadplex in Panama City presents a prime investment opportunity. Fully rented and generating $4,950 monthly, this eight-bedroom, nine-bathroom property spans more than 4,280 square feet of heated and cooled space. With a new roof, newer water heaters and updated interiors and exteriors, this property offers both stability and modern amenities. Comprising three two-bedroom, 1.5-bath units (972 square feet each) and one spacious three-bedroom, two-bath unit (1,364 square feet), this property is designed to attract and retain tenants. Each unit features updated flooring, refreshed kitchens and new paint throughout. The exterior has been similarly revitalized, ensuring excellent curb appeal. Ideal for investors and military personnel, this property is located in
Special Listing Condition Accept Backup Offers

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