6710-6718 Cherry Street, Panama City, FL 32404
$1,099,500
Property Type:
Commercial for Sale
Square Footage:
6,750
Status:
Under Contract – Taking Backups
Current Price:
$1,099,500
List Date:
3/08/2026
Last Modified:
4/25/2026
Listing Details MLS# 786496
Contract Info
- List Price/SqFt
- 162.89
- Sub-Type
- Multi-Family
Location
- Area
- 02 – Bay County – Central
- Street #
- 6710-6718
- Street Name
- Cherry
- Street Suffix
- Street
- State
- FL
- Zip Code
- 32404
- County
- Bay
- Sub Area
- 0202 – Bay – Central SE
- Subdivision
- [No Recorded Subdiv]
- Community/Resort
- None
- Waterfront
- No
- Parcel ID
- 06829-000-000
- Township
- Panama City
- Elementary School
- Callaway
- Middle School
- Everitt
- High School
- Rutherford
- Directions
- From N Tyndall Pkwy, Head Sou on Us-98 E/N Tyndall Pkwy. Use left 2 lanes to turn left onto FL-22 E. Turn right onto N Berthe Ave. Townhomes located on the corner of Cherry St and Berthe Ave.
- Legal Description
- CHERRY GROVE TOWNHOMES
General Property Info
- List Class
- Residential Income
- Immediate Occupancy
- Yes
- Construction Status
- Construction Complete
- Site Dimensions
- Irregular
- SqFt – Office
- 8507742832
- SqFt Tot Bldg
- 6750
- Year Built
- 2025
- Acreage
- 0
Status Change Info
- Under Contract Date
- 2026-04-25
Multi-Family
- # of Units
- 5
Listing Info, Tax and Legal
- HOA Fee
- Yes
- HOA Amount
- 125
- HOA Frequency
- Monthly
More Information
Remarks & Misc
- Remarks
- Under Contract- Taking Backup Offers! 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.
Association Fees Include
- Ground Keeping
- Yes
- Repairs/Maintenance
- Yes
Financing
- Cash
- Yes
- Conventional
- Yes
Utilities
- Electricity – Connected
- Yes
- Public Sewer – Connected
- Yes
- Water Connected
- Yes
Floors in Unit/Home
- Two
- Yes
Heating/Cooling
- AC – Central
- Yes
- Heat – Central Electric
- Yes
Property Features
Financing:
Cash; Conventional
Utilities:
Electricity – Connected; Public Sewer – Connected; Water Connected
Listing Office:
ERA Neubauer Real Estate Inc
Last Updated: April – 25 – 2026
Information deemed reliable but not guaranteed.