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$140,000
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Property Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Large Versatile Corner Lot! This property truly stands out with its mixed-use zoning, offering a wealth of possibilities. You could easily continue using it as a spacious residence or transform it into a strategic office space; it's also suitable for further development. Whether you envision establishing a home-based business, a small commercial venture, or even redeveloping the area, this property aligns perfectly with the thriving growth of the surrounding community. At its core, you have a sizable 3-bedroom, 1-bathroom home with practical features such as a functional kitchen with breakfast area, an inside laundry room, a welcoming and generous size family room complete with a cozy fireplace and an added man-cave that creates a versatile space for entertainment or perhaps even a dedicated workspace or hobby area. Outside, the property is amplified by an expansive corner lot-just under half an acre-at your disposal, boasting a generous carport providing ample space for multiple vehicles; it speaks versatility. While the roof was replaced in 2019, please note there is still some remaining damage from Hurricane Michael. Capitalize on this great deal and explore the myriad possibilities this unique property offers! (all sizes approximate and taken from public records, buyer to verify any details buyer deems important).
Full Property Details
Full Property Details for 5220 Cherry St
General
- Sold For: $140,000
- Taxes: $1,617 (2024)
- Status: Closed
- Type: Single Family
- Source: Bay_County
- MLS ID: 774579
- Added to Site: 260 day(s) ago
Interior
- Number of Rooms: 7
- Appliances: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Additional Information
- Pool: Yes
- Pool Description: Other, See Remarks
Exterior
- Exterior Features: Patio
- Porch/Patio/Deck: Patio
Parking
- Covered Spaces: 2
Location
- County: Bay
- Subdivision: No Named Subdivision
- Driving Directions: Tyndall Parkway to Cherry St. Turn west on Cherry St. Property on corner of Cherry St. and Seneca.
School Information
- Elementary School: Parker
- Middle School: Rutherford Middle
- High School: Rutherford
Community
- Community Name: 02 - Bay County - Central
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Ranch
- Construction: Brick
- Stories/Levels: 1
- Sq. Ft. Source: Appraiser
- Year Built: 1959
Lot Features
- Lot Size (Acres): 0.42
- Lot Size (Sq. Ft.): 18,200
- Lot Size: .42
- Lot Dimensions: 130 x 140
- Lot Features: Paved
- Fencing (Description): Partial
Financial Considerations
- Tax Amount: $1,617
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: 13 4S 14W -78-119A1 LOT 7 BLK 2 WM. L. WILSON PLAT AS PER ORB 25 P 373 DESC; AS BEG 1165' E & 25' S OF NW COR OF NE1/4 TH E 130' S 140' W 130' N 140' TO BEG ORB 4609 P 1646
- Property ID: 24966-000-000
Listed and Sold by Beachy Beach Real Estate
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Schools
Schools serving 5220 Cherry St
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Parker Elementary School 640 South Highway 22 A, Panama City, FL 32404 | PK-5 | 0.7 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5220 Cherry St
Date
Details
Price
Change
Source
10/03/2025
Sold
$140,000
-12.45%
MLS
8/26/2025
Price Reduced
$159,900
-5.89%
MLS
6/09/2025
Listed
$169,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5220 Cherry Street, Panama City, FL 32404 (MLS# 774579) is a Single Family property that was sold at $140,000 on October 03, 2025. Want to learn more about 5220 Cherry Street? Do you have questions about finding other Single Family real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

