Price Changed

141 cheri lane

Panama City, FL 32404

$630,500

9 BEDS 8 BATHS
0.25 AC LOT
Residential
Price Changed
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Bedrooms 9
Total Baths 8
Acreage 0.26
Status Active
MLS # 986541
County Bay
More Info
Category Residential
Status Active
Acreage 0.26
MLS # 986541
County Bay
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.
Location not available
Listing
Street
Satellite

Exterior Features

  • Style Fourplex
  • Construction Single Family
  • Garage No
  • Sewer Public Sewer
  • Lot Dimensions 135x84
  • Lot Description Cleared, Dead End, Interior, Level

Interior Features

  • Appliances Water Heater - Elect
  • Heating Central
  • Year Built 1984

Neighborhood & Schools

  • Subdivision No Named Subdivision
  • Elementary School Parker
  • Middle School Rutherford ( Middle )
  • High School Rutherford

Financial Information

  • Parcel ID 25249-300-000
  • Zoning Resid Multi-Family

Additional Services

Internet Service Providers

Listing Information

Listing Provided Courtesy of Scenic Sotheby's International Realty - whitney@scenicsir.com
Emerald Coast Association of REALTORS
Listing data is current as of 08/09/2026.

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