141 Cheri Lane , Panama City, Florida (MLS 955951)

Property for Sale in Panama City

141 Cheri Lane , Panama City, FL

  • CA$820,105
  • 9 BEDS
  • 5+3 BATHS
  • 0.26 ac Land
  • CA$820,105

Property for Sale in Panama City

141 Cheri Lane , Panama City, FL

  • CA$820,105
  • 9 BEDS
  • 5+3 BATHS
  • 0.26 ac Land
  • CA$820,105

Key Facts

  • MLS® #: 955951
  • Property ID: SIRC2105191
  • Original Price: USD 650,000
  • Property Type: Residential, Other
  • Lot Size: 0.26 ac
  • Year Built: 1984
  • Bedrooms: 9
  • Bathrooms: 5+3

Property Description

This impressive two-story quadplex in Panama City presents a prime investment opportunity. Fully rented and generating $4,950 monthly, this eight-bedroom, nine-bathroom property spans more than 4,280 square feet of heated and cooled space. With a new roof, newer water heaters and updated interiors and exteriors, this property offers both stability and modern amenities. Comprising three two-bedroom, 1.5-bath units (972 square feet each) and one spacious three-bedroom, two-bath unit (1,364 square feet), this property is designed to attract and retain tenants. Each unit features updated flooring, refreshed kitchens and new paint throughout. The exterior has been similarly revitalized, ensuring excellent curb appeal. Ideal for investors and military personnel, this property is located in a great area, offering easy access to local amenities and services. With a new HVAC system and updated fixtures, this quadplex is fully equipped to continue generating reliable rental income.

Amenities

  • Beach Resort
  • Boating
  • Central Air
  • Cycling
  • Fishing
  • Fly-In
  • Golf
  • Golf Community
  • Jogging/Bike Path
  • Ocean / Beach
  • Resort
  • Suburban

Listing Agents

  • Whitney Cooley

    C. 8503685782

    O. 8503685782

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Location

141 Cheri Lane , Panama City, Florida, 32404 United States

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Marketed By

Scenic Sotheby's International Realty
4495 Furling Lane Suite 110
Destin, Florida, 32541
United States

8502316052

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