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.
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.
Property Details
Price:
$129,995
MLS #:
TB8538552
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
X
Neighborhood:
32404panamacity
Listed Date:
Aug 13, 2026
Finished Sq Ft:
800
Total Sq Ft:
1,266
Lot Size:
25,613 sqft / 0.59 acres (approx)
Year Built:
1949
See this Listing
Schools
Interior
Appliances
Convection Oven, Electric Water Heater, Refrigerator
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Tile
Heating
Central
Interior Features
Ceiling Fan(s), Eating Space In Kitchen, Primary Bedroom Main Floor
Laundry Features
Outside
Levels
One
Exterior
Construction Materials
Vinyl Siding
Covered Spaces
1
Direction Faces
North
Exterior Features
None
Roof
Shingle
Financial
Tax Year
2025
Taxes
$1,081
Map
Community
- Address7101 CHERRY STREET PANAMA CITY FL
- SubdivisionX
- CityPANAMA CITY
- CountyBay
- Zip Code32404
Subdivisions in PANAMA CITY
Market Summary
Current real estate data for Single Family in PANAMA CITY as of Aug 31, 2026
5
Single Family Listed
209
Avg DOM
168
Avg $ / SqFt
$223,899
Avg List Price
Property Summary
- Located in the X subdivision, 7101 CHERRY STREET PANAMA CITY FL is a Single Family for sale in PANAMA CITY, FL, 32404. It is listed for $129,995 and features 2 beds, 1 baths, and has approximately 800 square feet of living space, and was originally constructed in 1949. The current price per square foot is $162. The average price per square foot for Single Family listings in PANAMA CITY is $168. The average listing price for Single Family in PANAMA CITY is $223,899. To schedule a showing of MLS#tb8538552 at 7101 CHERRY STREET in PANAMA CITY, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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Courtesy of SOUTH CEDAR REAL ESTATE, INC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 7101 CHERRY STREET
PANAMA CITY, FL

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