141 Cheri Lane
Panama City, FL 32404
$630,500
Active
Description
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
Listing details MLS# 986541
Location, Tax and Legal
- Area
- 27 - Bay County
- Sub area
- 2702 - Bay - Central SE
- Subdivision
- No Named Subdivision
- County
- Bay
- Parcel ID
- 25249-300-000
- Tax year
- 2024
- Annual tax
- 5747.79
- Legal description
- W H PARKER PLAT (2.98) BEG 136.14'S OF NE COR LOT 27 TH CONT S 18' W 135' N 18' E 135' TO POB AKA PCL 6 ORB 3713 P 483
- Zoning
- Resid Multi-Family
General Property Info
- Property type
- Residential
- Year built
- 1984
- Acreage
- 0.26
- Lot size (sq ft)
- 11325.6
- Lot dimensions
- 135x84
- New construction
- No
- Condition
- Renovated, Construction Complete
Interior
- Bedrooms
- 9
- Bathrooms
- 8
- Full baths
- 5
- Half baths
- 3
- Building area
- 4280
- Heating
- Central
- Cooling
- Central Air
- Flooring
- Floor Tile
- Interior features
- Newly Painted
- Appliances
- Water Heater - Elect
- Total rooms
- 14
Exterior and Site
- Construction
- Siding CmntFbrHrdBrd, Siding Wood
- Roof
- Roof Composite Shngl
- Road surface
- Paved
Utilities
- Utilities
- Electric, Public Water
- Sewer
- Public Sewer
Schools
- Elementary
- Parker
- Middle school
- Rutherford ( Middle )
- High school
- Rutherford
Remarks and Misc
- Special conditions
- Accept Backup Offers
- Directions
- From Panama City Mall, Turn left onto N Cove Blvd/Martin Luther King Jr Blvd. Turn left onto US-98 BUS E. Turn left onto Cheri Ln. The property is on the left.
