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Listed price in listed location currency (USD).
$1,099,500

000

MLS® 786497

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes 
Days Active 1
Approx. Age 2025
MLS® Number 786497

Property Address: 6720-6728 Cherry St, Panama City, FL, 32404-8067

Average square foot calculated using Size range provided by listing agent.

Description

New Construction 5-Unit Townhome Investment Opportunity Near Tyndall Air Force Base Exceptional opportunity to purchase a newly constructed five-unit townhome building offering strong rental potential in a convenient Panama City location. Each individual townhome features 3 bedrooms, 2.5 bathrooms, approximately 1, 300 square feet of heated and cooled living space, and an attached one-car garage, making these units highly attractive for long-term tenants or military housing demand. Each two-story unit welcomes you with a spacious entry featuring tall ceilings and a wide hallway that creates an impressive first impression. The main level offers an open-concept living, dining, and kitchen area with quartz countertops, stainless steel appliances, breakfast bar seating, and contemporary finishes. A half bathroom is conveniently located on the first floor for guests, and rear access leads to a covered patio space. Upstairs, the primary bedroom suite provides generous space with a walk-in closet featuring built-in shelving and a private ensuite bathroom showcasing custom tile work and an oversized shower. Two additional bedrooms, a full bathroom, and washer and dryer connections are also located on the second level for convenience. Community amenities include exterior maintenance and common area upkeep, supporting a low-maintenance ownership structure. Built with modern construction standards, these new construction homes may offer potential insurance and energy efficiency advantages compared to older housing stock. Buyers are encouraged to consult with insurance and utility providers for details. The property is conveniently located approximately 6.6 miles from Tyndall Air Force Base, 1.6 miles from Winn-Dixie, and 2.9 miles from Under the Oaks Park, with easy access to shopping, parks, and major roadways. Information is believed to be accurate but not guaranteed. Buyer to verify all measurements, features, and intended use.
MLS® Number786497
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2025
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 8, 2026List Date
$1,099,500List Price
  • Commute

Commute

Starting Address
Destination Address
6720-6728 Cherry St, Panama City, FL

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