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For sale
    • $135,000

    7101 CHERRY STREET, PANAMA CITY, FL 32404

    2beds
    800sqft
    : 
    $894/mo
    Get pre-qualified
    Single Family Residence
    Built in 1949
    0.59 Acres Lot
    $-- Zestimate®
    $169/sqft
    $-- HOA

    What's special

    Expansive lotCovered carport
    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.
    1 day
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    152
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Giselle Rachels 907-671-2051,

    SOUTH CEDAR REAL ESTATE, INC 813-374-7907

    Source: Stellar MLS,MLS#: TB8538552MLS LogoOriginating MLS: Orlando Regional

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bedroom
      • Features: Built-in Closet
      • Level: First
      Primary bathroom
      • Level: First
      Dining room
      • Features: No Closet
      • Level: First
      Kitchen
      • Features: No Closet
      • Level: First
      Living room
      • Features: No Closet
      • Level: First
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Convection Oven, Electric Water Heater, Refrigerator
      • Laundry: Outside
      Features
      • Ceiling Fan(s), Eating Space In Kitchen, Primary Bedroom Main Floor
      • Flooring: Tile
      • Has fireplace: No
      Interior area
      • Total structure area: 1,266
      • Total interior livable area: 800 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Carport
      • Carport spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: None
      Lot
      • Size: 0.59 Acres
      Details
      • Parcel number: 06496000000
      • Zoning: R-6M
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      • Foundation: Crawlspace
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1949

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: X
      HOA
      • Has HOA: No
      Location
      • Region: Panama City

      Financial & listing details

      • Price per square foot: $169/sqft
      • Tax assessed value: $75,076
      • Annual tax amount: $1,080
      • Date on market: 8/13/2026
      • Cumulative days on market: 2 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Other

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/13/2026Listed for sale$135,000-32.5%$169/sqft
        Source: Stellar MLS #TB8538552 Report a problem
        5/2/2026Listing removed$199,900$250/sqft
        Source: CPAR #781433 Report a problem
        2/23/2026Price change$199,900-7%$250/sqft
        Source: CPAR #781433 Report a problem
        1/30/2026Price change$214,900-10.3%$269/sqft
        Source: CPAR #781433 Report a problem
        11/9/2025Listed for sale$239,500+60.7%$299/sqft
        Source: CPAR #781433 Report a problem
        10/23/2025Listing removed$1,500$2/sqft
        Source: Zillow Rentals Report a problem
        10/7/2025Listed for rent$1,500+15.4%$2/sqft
        Source: Zillow Rentals Report a problem
        4/26/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        3/2/2022Listed for rent$1,300+2%$2/sqft
        Source: Zillow Rental Manager Report a problem
        9/26/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        9/13/2021Price change$1,275+15.9%$2/sqft
        Source: Zillow Rental Manager Report a problem
        9/3/2021Listed for rent$1,100$1/sqft
        Source: Zillow Rental Manager Report a problem
        1/2/2017Listing removed$149,000$186/sqft
        Source: Keller Williams - Panama City Beach #649132 Report a problem
        8/5/2016Price change$149,000-0.6%$186/sqft
        Source: Keller Williams - Panama City Beach #649132 Report a problem
        6/5/2015Listed for sale$149,900$187/sqft
        Source: Counts Real Estate Group #632093 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,030 -16.1%$75,076 -14.9%
        2023$1,228 +17.9%$88,238 +10%
        2022$1,042 $80,216
        2021-- --
        2020$933 +63.3%$69,729 +63.1%
        2019$572 $42,762 -37.3%
        2018$572 -34.5%$68,229 +1.2%
        2017$872 -2.4%$67,387 +0.2%
        2016$894 -5.6%$67,268 -0.3%
        2015$947 $67,437 -0.7%
        2014$947 $67,880 -10.4%
        2013-- $75,743
        2012-- $75,743 -9.1%
        2011-- $83,298 -34%
        2010-- $126,222 -0.4%
        2009-- $126,678 -1.6%
        2008-- $128,722 +15.2%
        2007-- $111,750 +60.2%
        2006-- $69,771 +7.3%
        2005-- $64,998 +41.8%
        2004-- $45,824 +9.1%
        2003-- $42,003 +5.8%
        2002-- $39,710 +4.4%
        2001-- $38,047 +9.2%
        2000-- $34,837
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 32404

        Getting around

        18 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        42 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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