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$106,000
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Property Description
Don't miss this opportunity in Panama City! Situated on an oversized corner lot of approximately 0.58 acres, 7101 Cherry St offers a unique combination of land, potential, and location that is hard to find. The property features 2 bedrooms, 1 bathroom, a covered carport, and plenty of room to make the property your own. The home is ready for your vision, with an opportunity to add updates, new flooring, and a little TLC to truly bring it to life. The expansive lot provides plenty of possibilities for outdoor space, future improvements, and potential subdivision. Located in a convenient Panama City location, you'll be just a short drive from the beautiful Gulf Coast beaches and Downtown Panama City, putting you close to restaurants, shopping, entertainment, and everything the area has to offer. Whether you're looking for a home to customize, an investment opportunity, or a property with additional land potential, 7101 Cherry St is a property you won't want to miss. With its oversized lot, corner location, and proximity to the beach and downtown, the possibilities are endless.
Full Property Details
Full Property Details for 7101 Cherry St
General
- Sold For: $106,000
- Taxes: $1,080 (2025)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8538552
- Added to Site: 57 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 5
- Interior Features: Ceiling Fan(s), Eating Space In Kitchen, Primary Bedroom Main Floor
- Appliances: Convection Oven, Electric Water Heater, Refrigerator
- Furnishings: Unfurnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Outside
Exterior
- Exterior Features: None
Parking
- Carports: Yes
- Carport: 1
- Carport Spaces: 1
- Covered Spaces: 1
Location
- Area: 32404 - Panama City
- County: Bay
- Development Name: 32404 - Panama City
- Subdivision: NO NAMED SUBDIVISION
- Driving Directions: Get onto US-98 E / Tyndall Parkway. Continue east. Turn right onto Frankford Ave. Follow US-98 BUS E. Continue toward Cherry St. Turn left onto Cherry St. 7101 Cherry St will be on the left.
- Direction Faces: North
Community
- Community Name: 32404 - Panama City
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected
Structural Information
- Exterior Const.: Vinyl Siding
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 800
- Sq. Ft. Source: Public Records
- Living Area: 800 Sq. Ft.
- Year Built: 1949
Lot Features
- Lot Size (Acres): 0.59
- Lot Size (Sq. Ft.): 25,613
- Lot Size: 25613
- Street/Road Desc.: Other
Financial Considerations
- Tax Amount: $1,080.8
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: 8 4S 13W -96- 131D3 BEG AT SE COR OF SW1/4 OF SW1/4 TH N 210' W 150' S 210' E 150' TO POB LESS ROAD ROW TO CHERRY ST & FOX AVE (ORB 499 P 483 DB 80 P 122) ORB 811 P 524 ORB 2076 P 27 ORB 2898 P 848
- Flood Zone Info: X
- APN: 6496000000
- Property ID: 6496000000
- Block/Lot/Section: x
Listed by South Cedar Real Estate, Inc
Sold by Stellar Non-Member Office
Get Pre-Approved Today
Schools
Schools serving 7101 Cherry St
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Callaway Elementary School 7115 E Highway 22, Panama City, FL 32404 | K-5 | 0.6 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7101 Cherry St
Date
Details
Price
Change
Source
10/06/2026
Sold
$106,000
-15.2%
MLS
9/10/2026
Price Reduced
$124,995
-3.85%
MLS
8/27/2026
Price Reduced
$129,995
-3.71%
MLS
8/13/2026
Listed
$135,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7101 Cherry Street, Panama City, FL 32404 (MLS# TB8538552) is a Single Family property that was sold at $106,000 on October 06, 2026. Want to learn more about 7101 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.

