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5220 Cherry Street, Panama City, FL 32404

$269,000
  • 5220 Cherry Street, Panama City, FL 32404 Main Photo

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New to the Market Active
BEDS3 BATHS2 full SQUARE FEET1,400 MLS#1010735
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONNO RECORDED SUBDIVISION NEIGHBORHOOD27 - Bay County

Property Description

Opportunities like this are exceptionally rare -- a beautifully remodeled property with MIXED USE zoning that allows you to legally LIVE and WORK in the same space. Whether you're an entrepreneur, small business owner, creative professional, investor, or simply someone who wants flexibility for the future, this property delivers a lifestyle and business opportunity that's hard to duplicate. Perfectly positioned near Tyndall Air Force Base and just off busy Tyndall Parkway, the location offers both convenience and visibility with strong traffic counts for potential business exposure. Unlike standard commercial zoning, the Mixed-Use designation in this area allows residential occupancy -- giving you the freedom to operate a business without sacrificing the comfort of home. Inside, the remodel is nothing short of brilliant. Every inch of the space has been thoughtfully reimagined for maximum functionality, flow, and style. The main area of this home features a living room, dining area, remodeled kitchen with quartz countertops and new stainless appliance package and 2 bedrooms and 2 full baths, including a stunning newly created primary suite complete with an ensuite bath and walk-in closet. On the opposite side of the home, on the other side of the living room, there is a separate flex space with an oversized closet and an exterior door that walks out into the carport, which creates endless possibilities. Use it as a private third bedroom, client office, salon studio, creative workspace, consultation room, boutique, or home-based business -- all without clients or customers ever needing to enter your main living space. It's the ideal setup for maintaining both professionalism and privacy. Outside, the oversized corner lot adds even more value and versatility. The fully fenced yard with front and side gates provides security and functionality, while the drive-through carport and generous parking areas make access easy for personal vehicles, trailers, work trucks, or business clients. There's plenty of room here to truly make the property work for your lifestyle. Additional features include: huge corner lot with excellent accessibility; fully fenced with solar light post caps and multiple gated access points; large slab for the addition of a future shed; drive-through carport; working irrigation pump; flexible floor plan with residential and business potential; excellent visibility and convenience near shopping, dining, and Tyndall AFB; rare zoning flexibility in a rapidly growing area! This is more than just a remodeled home -- it's a smart lifestyle investment that gives you options, flexibility, visibility, and freedom all in one property.

5220 Cherry Street | MLS# 1010735

This single family home located at 5220 Cherry Street, Panama City, FL 32404 is currently listed for sale with an asking price of $269,000. This property was built in 1959 and has 3 bedrooms and 2 full baths with 1400 sq. ft. Cherry Street is located in the NO RECORDED SUBDIVISION subdivision. Search NO RECORDED SUBDIVISION real estate on www.clcommercialrealestate.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air
Fenced: Yes
Heating: Central
Home Style: Ranch
Lot Size: 0.42 Acres
Stories: 1.0
Year Built: 1959

Feature Descriptions

Appliances: Cooktop, Dishwasher, Range Hood, Refrigerator W/IceMk, Stove/Oven Electric, Water Heater - Elect
Carport Spaces: 2
Days on Site: 4
Exterior: Block, Brick, Foundation Off Grade, Trim Wood
Fencing: Fenced Chain Link, Fenced Lot-All
Financing Terms: Conventional, FHA, VA
Flooring: Floor Laminate, Floor Vinyl
Foundation: Foundation On Piling
Lot: Cleared, Corner
Lot Dimensions: 130x140
Parcel Number: 24966-000-000
Parking: Carport Attached
Patio/Porch: Patio Open
Property Condition: Construction Complete
Road Frontage: City Street
Road Surface: Paved
Rooms Total: 7
Sewer: Public Sewer
Sub Type: Detached Single Family
Utilities: Electric, Public Water
Window: Window Treatmnt Some

Local Schools

High School: Rutherford
Middle School: Rutherford ( Middle )
Elementary School: Parker

Listed By / Shown By

Listed By

Agency Name: Beachy Beach Real Estate

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone:

IDX logo

Source: Emerald Coast MLS

Estimate Your Payment

Estimated Payment

$ 677.14 per month $598.68 Principal & Interest $0.00 Property Tax (data not provided by mls) $78.46 Homeowner's Insurance

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