30A Luxury Lifestyle

Fourplex

141 Cheri Lane

Panama City , FL 32404

MLS#: 986541

$650,000

Status: Active
Listing number: 986541
Listing provided by: Scenic Sotheby's International Realty
Listing agent phone: None
Last update: a day ago
New on site 1 day ago
Browse Properties
No Named Subdivision - Residential

Property

Beds

9

Full Baths

5

1/2 Baths

3

Year Built

1984

Sq.Footage

4,280

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

Features & Amenities

Interior

  • Total Bedrooms

    9

  • Bathrooms

    5

  • 1/2 Bathrooms

    3

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Electric, Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Fiber Cement

  • Pool

    No

Area & Lot

  • Lot Features

    Cleared, Level

  • Lot Size(acres)

    0.26

  • Property Type

    Residential

  • Property Sub Type

    Townhouse

  • Architectural Style

    Fourplex

Price

  • Sales Price

    $650,000

  • Zoning

    Resid Multi-Family

  • Sq. Footage

    4, 280

  • Price/SqFt

    $151

HOA

  • Association

    No

School District

  • Elementary School

    Parker

  • Middle School

    Rutherford ( Middle )

  • High School

    Rutherford

Property Features

  • Stories

    2

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Bay

Elementary School

Parker

Middle School

Rutherford ( Middle )

High School

Rutherford

Listing Courtesy of Whitney E Cooley , Scenic Sotheby's International Realty

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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

141 Cheri Lane

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