Address
5220 Cherry Street, Panama City, FL
Price
$ 269,000
Property Attributes
- MLS#1010735
- TypeSingle Family
- Listing Status Pending
- CountyBay
- CityPanama City
- AreaBay County
- NeighborhoodNO RECORDED SUBDIVISION
- Zip32404
- StyleRanch
- Year Built1959
- Price$ 269,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1400
- Lot Size0.42 Acres
Data Source:
Emerald Coast MLS (ECAR)
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Parker Elementary School | Rutherford ( Middle ) Middle School | Rutherford High School |
| Price History | |
|---|---|
| 8/27/2026 | Listed $269,000 |
General Features
| Utilities | Electric,Public Water |
|---|---|
| Zoning | Business, Resid Single Family |
| Property Subtype | Detached Single Family |
| County | Bay |
| Property Type | Residential |
| Subdivision Name | NO RECORDED SUBDIVISION |
| Status | Pending |
| Buyer Financing | Conventional,FHA,VA |
| Directions | From Tyndall Parkway Walmart travel South on Tyndall Parkway. Turn right onto Cherry St. Property is on the left on the corner of Seneca and Cherry. |
| High School | Rutherford |
| City | Panama City |
| MLS Area | 27 - Bay County |
| Lot Size Units | Acres |
| Lot Size Square Feet | 18295.2 |
| Elementary School | Parker |
| Middle/Junior High School | Rutherford ( Middle ) |
| MLS Area Minor | 2702 - Bay - Central SE |
| Standard Status | Pending |
| Sewer | Public Sewer |
| Heating | Central |
| Cooling | Central Air |
| Patio/Porch Features | Patio Open |
| Architectural Style | Ranch |
| Construction Materials | Block,Brick,Foundation Off Grade,Trim Wood |
| Year Built | 1959 |
| Stories Count | 1 |
| New Construction | false |
| Attached Garage | false |
| Total Rooms | 7 |
| Carport Y/N | true |
| Property Condition | Construction Complete |
| Carport Spaces | 2 |
Interior Features
| Total Baths | 2 |
|---|---|
| Flooring | Floor Laminate,Floor Vinyl |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Window Treatmnt Some |
Exterior Features
| Lot Features | Cleared,Corner |
|---|---|
| Lot Size Area | 0.42 |
| Lot Dimensions | 130x140 |
| Lot Size Acres | 0.42 |
| Road Surface Type | Paved |
| Road Frontage Type | City Street |
| Fencing | Fenced Chain Link,Fenced Lot-All |
| Foundation Details | Foundation On Piling |
| Building Area Total | 1400 |
| Parking Features | Carport Attached |
| Total Parking | 6 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32404
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Year Built
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Panama City
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- Type
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Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
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Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Navarre Area Board of Realtors® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
