6724 Cherry Street

Panama City, FL 32404

$349,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

DEVELOPMENT ORDER in place for 20 townhomes on this phenomenal corner lot on a hard right turn with 478' road frontage in the heart of Callway near the rapidly expanding Tyndall Air Force Base. Location: in the heart of Callaway near a rapidly expanding military base with millions of dollars in roadways, infrastructure and sidewalk expansion on Cherry St. in process. The influx of new airmen due to the base's redevelopment with the largest government grant in history means there will be high demand...DEVELOPMENT ORDER in place for 20 townhomes on this phenomenal corner lot on a hard right turn with 478' road frontage in the heart of Callway near the rapidly expanding Tyndall Air Force Base. Location: in the heart of Callaway near a rapidly expanding military base with millions of dollars in roadways, infrastructure and sidewalk expansion on Cherry St. in process. The influx of new airmen due to the base's redevelopment with the largest government grant in history means there will be high demand for new residential housing in the area. Corner Lot: Having a corner lot at a lighted intersection with significant road frontage (478 feet) is excellent for visibility and accessibility. This can enhance the appeal of the townhomes to potential buyers or renters. Flood Zone ''X'' signifies minimal risk of flooding which will assist with insurance costs. Seller willing to build - Extensive experience in market on comparable fix and flip or similar projects with a successful build to hold portfolio, the builder owners are willing to expedite this project for the right buyer. Engineering plans and job estimate available upon request. Timeline: With the land already cleared and ready to go, and an estimated completion time of 9 months to 1 year for the entire project, this represents a relatively quick turnaround for a development of this scale.
  1. Listed by Crystal Ball • Anchor Realty Florida

Property Details for 6724 Cherry Street

Waterfront
No
Subdivision Name
Callaway

Location

Listing Courtesy of Anchor Realty Florida
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LISTING UPDATED: 03/29/2024 09:02 AM

Property Details for 6724 Cherry Street

StatusActive
MLS #754950
Days on Market37
Taxes$1,459 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeResidential / Residential / Land
Year Built-
Lot Size1.18 AC / 51,400 SF
CountyBay County

Location

Listing Courtesy of Anchor Realty Florida
Add your commute

Building Information for 6724 Cherry Street

Stories-Residences-Year Built-Lot Size1.18 AC / 51,400 SF

Payment Calculator

$2,026 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,905

Property Taxes

$122

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6724 Cherry Street

Summary
Location and General Information
  • City: Panama City
  • County Or Parish: Bay
  • Directions: From the intersection of Jenks and Hwy 98 go East on Hwy 98 for approx. 6 miles. Turn left onto Cherry Street, go East .98 miles. The property is on the right.
  • Postal Code: 32404
  • Latitude: 30.145128
  • Longitude: -85.574837
  • State Or Province: FL
  • Road Frontage Type: City Street
  • MLS Area Major: 02 - Bay County - Central
  • MLS Area Minor: 0202 - Bay - Central SE
Taxes and HOA Information
  • Parcel Number: 06829-000-000
  • Association: No
  • Tax Annual Amount: $1,459.00
  • Tax Legal Description: CALLAWAY PLAT 132B1 LOTS 1 THRU 8 INC BLK 26 PT VACATED ALLEY ORB 905 P1538 ORB 446 P 1827
  • Tax Year: 2023
School Information
  • Elementary School: Callaway
  • High School: Rutherford
  • Middle Or Junior School: Everitt
Property
Lot Information
  • Lot Size Acres: 1.18
  • Lot Size Dimensions: 318x150x318x159
  • Lot Size Square Feet: 51401.0
Property and Assessments
  • Human Modified: No

Property History for 6724 Cherry Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6724 Cherry Street

Taxable ValueLand$19,500Additions-Total$19,500
Tax Record2022$252 ($21 / month)
Home Facts
Beds2Stories1Lot Size11,238 SqFtStyleResidentialCountyBAYAPN06830-000-000

Schools near 6724 Cherry Street

This home is within Bay.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 12
Public - PK to 5
Rating
School
Distance
Callaway Elementary School
PublicPK to 5

Everitt Middle School
Public6 to 8

Rutherford High School
Public6 to 12

Springfield Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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6724 Cherry Street is for sale in Panama City, FL 32404. This property was listed for sale on March 29, 2024 by Anchor Realty Florida, it's currently listed at $349,000. It has been on the market for a total of 37 days and was last sold on August 9, 2021. This listing's school district is Bay. Nearby schools include Callaway Elementary School, Everitt Middle School and Rutherford High School. 6724 Cherry Street is a 0-bed, 0-bath, .

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Anchor Realty Florida

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