Property Details

Listing # 955951 Details

$650,000
141 Cheri Lane
Panama City, FL 32404

Property Inquiry

Contact Whitney Cooley about this property!

*Required

4,280 Sq Ft.
Built 1984
9 Bed
8 Bath

Property Details

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 a great area, offering easy access to local amenities and services. With a new HVAC system and updated fixtures, this quadplex is fully equipped to continue generating reliable rental income.


COUNTY Bay
SUBDIVISION No Named Subdivision
PARCEL ID 25249-300-000
TYPE Attached Single Unit
STYLE Fourplex
ACREAGE 0
LOT ACCESS Paved Road
LOT SIZE 135x84
HOA INCLUDE N/A
HOA FEE N/A
UTILITIES Electric,Public Sewer,Public Water
PROJECT FACILITIES N/A
ZONING Resid Multi-Family
PARKING FEATURES N/A
APPLIANCES N/A
ENERGY AC - Central Elect,Heat Cntrl Electric,Water Heater - Elect
INTERIOR Floor Tile,Furnished - None,Newly Painted,Renovated
EXTERIOR N/A
ROOM DIMENSIONS Living Room : 13 x 13
Kitchen : 10 x 8
Half Bathroom : 6 x 3
Master Bedroom : 13 x 9
Master Bedroom : 13 x 9
Bedroom : 13 x 9
Bedroom : 13 x 9
Master Bedroom : 13 x 9
Bedroom : 13 x 9
Master Bedroom : 13 x 9
Bedroom : 13 x 9
Full Bathroom : 10 x 6
Full Bathroom : 10 x 6
Full Bathroom : 10 x 6

Schools

Elementry, Parker
Middle, Rutherford ( Middle )
High, Rutherford

Location & Map

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.