900 Cherry Street

900 Cherry Street

Panama City, FL 32401

$265,000
Price
28,314 / 0.65
Lot Size / Acres

Description

Dynamic corner commercial vacant property located directly across street from Dollar General store in the Cove. The Tax ID Parcel # above also includes a second parcel (Tax ID # 20985-010-000) making this a larger L-Shaped property (total near .65 acre). The main rectangular parcel is approximately 164 feet on Cherry Street and near 150 feet deep to alley along rear of property. The adjoining parcel adds near 25 feet x 160 feet piece along the alley and behind the existing office bldg to East (see...Dynamic corner commercial vacant property located directly across street from Dollar General store in the Cove. The Tax ID Parcel # above also includes a second parcel (Tax ID # 20985-010-000) making this a larger L-Shaped property (total near .65 acre). The main rectangular parcel is approximately 164 feet on Cherry Street and near 150 feet deep to alley along rear of property. The adjoining parcel adds near 25 feet x 160 feet piece along the alley and behind the existing office bldg to East (see attached sketch in documents). The total parcel being sold is L-Shaped and just under (7/10ths) of an acre. This property was formerly a a gas station (Jr Foods store and EZ Serve) for many years. See copy of DEP remediation letter acknowledgement in attached Documents. More recently the former building was an Ambulance Company, but the building was seriously damaged by Hurricane Michael (2018) - and the building has since been removed. The property is currently vacant land with multiple concrete pads on site. With soon to be complete Cherry Street rehab and renovation (repaving/landscaping/widened walks... This location would be a great site for commercial business/retail storefront/or office space. Several multi-family property uses are in the area. The current owner has little knowledge about former site usage and has no specifics on prior remediation. Seller has no problem granting buyer site access for environmental audits or other inspections per typical sales contract negotiations. The Cove is a popular and well populated mostly residential area - the right retail or service business should handsomely succeed at this location.

Property Details for 900 Cherry Street

Waterfront
No
Subdivision Name
Sudduths 2nd Add
Zoning Description
Commercial

Location

Listing Courtesy of O'Keefe & Wainwright Inc
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LISTING UPDATED: 05/06/2024 04:01 PM

Property Details for 900 Cherry Street

StatusActive
MLS #756700
Days on Market24
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Commercial
Year Built-
Lot Size0.65 AC
CountyBay County

Location

Listing Courtesy of O'Keefe & Wainwright Inc
Add your commute

Building Information for 900 Cherry Street

Lot Size0.65 AC

Payment Calculator

$1,631 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,446

Property Taxes

$185

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 900 Cherry Street

Summary
Location and General Information
  • City: Panama City
  • County Or Parish: Bay
  • Directions: From Cove Blvd (Hwy 77) and Bus Hwy 98 go south on Cove Blvd to Cherry Street (4 way stop). Turn left and go east on Cherry Street two blocks to subject property at corner of Cherry Street and S Palo Alto Ave. Across Street from Dollar General Shopping Center in the Cove.
  • Road Surface Type: Paved
  • Postal Code: 32401
  • Latitude: 30.145592
  • Longitude: -85.647918
  • State Or Province: FL
  • Road Frontage Type: City Street
  • MLS Area Major: 02 - Bay County - Central
  • MLS Area Minor: 0203 - Bay - Central SW
  • Topography: Sloping
Taxes and HOA Information
  • Parcel Number: 20985-000-000
  • Association: No
  • Tax Block: 54
  • Tax Legal Description: SUDDUTHS 2ND ADD LOTS 1, 2 & 3 BLK 54 ORB 3766 P 1765 plus Tax ID # 10985-010-000 additional parcel
  • Tax Lot: 1,2.3
School Information
  • Elementary School: Cherry Street
  • High School: Bay
  • Middle Or Junior School: Jinks
Property
Lot Information
  • Lot Features: Cleared, Corner Lot, Sloped
  • Lot Size Acres: 0.65
  • Lot Size Dimensions: Irregular L-Shape
  • Lot Size Square Feet: 28314.0
Property and Assessments
  • Public Survey Range: 14W
  • Public Survey Section: 16
  • Public Survey Township: 4S
  • Human Modified: No
Utilities
  • Utilities: Sewer Available, Water Available
Interior and Exterior Features
Exterior Features
  • Community Features: Curbs, Gutters, Sidewalks

Property History for 900 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 900 Cherry Street

Taxable ValueLand$143,000Additions$7,800Total$150,800
Tax Record2023$2,223 ($185 / month)
Home Facts
Total Finished SqFt1,624 SqFtAbove Grade Finished SqFt1,624 SqFtStories1Lot Size28,600 SqFtStyleCommercialYear Built1957ZoningPC09CountyBAYAPN20985-000-000

Schools near 900 Cherry Street

This home is within Bay.
Rating
School
Type
Grades
Distance
Merriam Cherry Street Elementary School
Public - PK to 5
Jinks Middle School
Public - 6 to 8
Bay High School
Public - 9 to 12
Rosenwald High School
Public - PK to 12
Rating
School
Distance
Merriam Cherry Street Elementary School
PublicPK to 5

Jinks Middle School
Public6 to 8

Bay High School
Public9 to 12

Rosenwald High School
PublicPK to 12

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.

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More information about 900 Cherry Street, Panama City, FL 32401

900 Cherry Street is a 0.65 ac of land for sale in Panama City, FL 32401. This property was listed for sale on May 6, 2024 by O'Keefe & Wainwright Inc, it's currently listed at $265,000. This listing's school district is Bay. Nearby schools include Merriam Cherry Street Elementary School, Jinks Middle School and Bay High School. 900 Cherry Street is a 0-bed, 0-bath, 0.65 ac of land on a 28,314 sq. ft. / 0.65 acres lot.

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 O'Keefe & Wainwright Inc

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.