Love Life
6720-6728 Cherry Street, Panama City, FL 32404
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  • MLS#: 786497 ( CommercialSale )
  • Street Address: 6720-6728 Cherry Street
  • Viewed: 6
  • Price: $1,099,500
  • Price sqft: $163
  • Waterfront: No
  • Year Built: 2025
  • Bldg sqft: 6750
  • Days On Market: 10
  • Additional Information
  • Geolocation: 30.1451 / -85.575
  • County: BAY
  • City: Panama City
  • Zipcode: 32404
  • Subdivision: [no Recorded Subdiv]
  • Elementary School: Callaway
  • Middle School: Everitt
  • High School: Rutherford
  • Provided by: ERA Neubauer Real Estate Inc
  • DMCA Notice
  • Description
    New Construction 5 Unit Townhome Investment Opportunity Near Tyndall Air Force Base Exceptional opportunity to purchase a newly constructed five unit townhome building offering strong rental potential in a convenient Panama City location. Each individual townhome features 3 bedrooms, 2.5 bathrooms, approximately 1,300 square feet of heated and cooled living space, and an attached one car garage, making these units highly attractive for long term tenants or military housing demand. Each two story unit welcomes you with a spacious entry featuring tall ceilings and a wide hallway that creates an impressive first impression. The main level offers an open concept living, dining, and kitchen area with quartz countertops, stainless steel appliances, breakfast bar seating, and contemporary finishes. A half bathroom is conveniently located on the first floor for guests, and rear access leads to a covered patio space. Upstairs, the primary bedroom suite provides generous space with a walk in closet featuring built in shelving and a private ensuite bathroom showcasing custom tile work and an oversized shower. Two additional bedrooms, a full bathroom, and washer and dryer connections are also located on the second level for convenience. Community amenities include exterior maintenance and common area upkeep, supporting a low maintenance ownership structure. Built with modern construction standards, these new construction homes may offer potential insurance and energy efficiency advantages compared to older housing stock. Buyers are encouraged to consult with insurance and utility providers for details. The property is conveniently located approximately 6.6 miles from Tyndall Air Force Base, 1.6 miles from Winn Dixie, and 2.9 miles from Under the Oaks Park, with easy access to shopping, parks, and major roadways. Information is believed to be accurate but not guaranteed. Buyer to verify all measurements, features, and intended use.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
School Information
  • High School: Rutherford
  • Middle School: Everitt
  • School Elementary: Callaway
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Heating: Central, Electric
  • Sewer: PublicSewer
  • Utilities: SewerAvailable
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Trash Expense: 0.00
Other Features
  • Legal Description: CHERRY GROVE TOWNHOMES
  • Area Major: 02 - Bay County - Central
  • Occupant Type: Vacant
  • Parcel Number: 06829-000-000
  • Possible Use: Commercial
  • The Range: 0.00
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Headshot for Associate Dennis Dial
  1. The Dial Team
  2. Tropic Shores Realty
  3. Love Life
  4. Mobile: 561.201.4476
  5. dennisdialsells@gmail.com