5220 Cherry Street, Panama City, FL 32404
Local realty services provided by:ERA Neubauer Real Estate, Inc.
5220 Cherry Street,Panama City, FL 32404
$269,000
- 3 Beds
- 2 Baths
- 1,400 sq. ft.
- Single family
- Active
Listed by: jessica j albritton
Office: beachy beach real estate
MLS#:790214
Source:FL_BCMLS
Price summary
- Price:$269,000
- Price per sq. ft.:$192.14
About this home
Opportunities like this are exceptionally rare -- a beautifully remodeled property with MIXED USE zoning that allows you to legally LIVE and WORK in the same space. Whether you're an entrepreneur, small business owner, creative professional, investor, or simply someone who wants flexibility for the future, this property delivers a lifestyle and business opportunity that's hard to duplicate.
Perfectly positioned near Tyndall Air Force Base and just off busy Tyndall Parkway, the location offers both convenience and visibility with strong traffic counts for potential business exposure. Unlike standard commercial zoning, the Mixed-Use designation in this area allows residential occupancy -- giving you the freedom to operate a business without sacrificing the comfort of home.
Inside, the remodel is nothing short of brilliant. Every inch of the space has been thoughtfully reimagined for maximum functionality, flow, and style. The main area of this home features a living room, dining area, remodeled kitchen with quartz countertops and new stainless appliance package and 2 bedrooms and 2 full baths, including a stunning newly created primary suite complete with an ensuite bath and walk-in closet.
On the opposite side of the home, on the other side of the living room, there is a separate flex space with an oversized closet and an exterior door that walks out into the carport, which creates endless possibilities. Use it as a private third bedroom, client office, salon studio, creative workspace, consultation room, boutique, or home-based business -- all without clients or customers ever needing to enter your main living space. It's the ideal setup for maintaining both professionalism and privacy.
Outside, the oversized corner lot adds even more value and versatility. The fully fenced yard with front and side gates provides security and functionality, while the drive-through carport and generous parking areas make access easy for personal vehicles, trailers, work trucks, or business clients. There's plenty of room here to truly make the property work for your lifestyle.
Additional features include: huge corner lot with excellent accessibility; fully fenced with solar light post caps and multiple gated access points; large slab for the addition of a future shed; drive-through carport; working irrigation pump; flexible floor plan with residential and business potential; excellent visibility and convenience near shopping, dining, and Tyndall AFB; rare zoning flexibility in a rapidly growing area!
This is more than just a remodeled home -- it's a smart lifestyle investment that gives you options, flexibility, visibility, and freedom all in one property....
Contact an agent
Home facts
- Year built:1959
- Subdivision & Development:No Named Subdivision
- Listing ID #:790214
- Added:107 day(s) ago
- Updated:September 06, 2026 at 02:44 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:7
- Kitchen Description:Electric Cook Top, Electric Oven, Electric Range, Electric Water Heater
- Living area:1,400 sq. ft.
Heating and cooling
- Cooling:CeilingFans, CentralAir
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:1959
- Building area:1,400 sq. ft.
- Lot area:0.42 Acres
- Architectural Style:Ranch
- Construction Materials:Block, BrickVeneer
- Exterior Features:Patio
- Foundation Description:Pillar/Post/Pier
- Levels:1 Story
Schools
- High school:Rutherford
- Middle school:Rutherford Middle
- Elementary school:Parker
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$269,000
- Price per sq. ft.:$192.14
Features and amenities
- Amenities:ElectricCooktop, ElectricOven, ElectricRange, ElectricWaterHeater
Parking
- Parking description:Drive Through
New listings near 5220 Cherry Street
- New
$330,000Active4 beds 2 baths1,835 sq. ft.329 Highbrook Road, Panama City, FL 32404
MLS# 795092Listed by: COUNTS REAL ESTATE GROUP - New
$65,000Active0.25 Acres306 Sherman Avenue, Panama City, FL 32401
MLS# 795091Listed by: FOUNDATION REAL ESTATE AGENCY LLC - New
$225,000Active2 beds 1 baths940 sq. ft.1609 Billings Avenue, Panama City, FL 32401
MLS# 795084Listed by: COASTAL REAL ESTATE GROUP, INC - New
$1,070,000Active3 beds 4 baths2,976 sq. ft.5407 Hopetown Lane, Panama City, FL 32408
MLS# 795076Listed by: PARADISE PROPERTIES OF NW FLORIDA - New
$440,000Active3 beds 2 baths2,152 sq. ft.351 Hiland Drive, Panama City, FL 32404
MLS# 795073Listed by: BEACHY BEACH REAL ESTATE - New
$255,000Active1 beds 2 baths816 sq. ft.5616 Thomas Drive, Panama City, FL 32408
MLS# 795064Listed by: BEACHY BEACH REAL ESTATE - New
$650,000Active3 beds 3 baths1,954 sq. ft.7824 Thomas Drive, Panama City, FL 32408
MLS# 795058Listed by: SALTY MARLIN REALTY LLC - New
$1,199,999Active3 beds 3 baths1,545 sq. ft.10999 Front Beach Road #6, Panama City, FL 32407
MLS# 795051Listed by: DALTON WADE INC - New
$285,000Active3 beds 2 baths1,500 sq. ft.1204 W 12th Street, Panama City, FL 32401
MLS# 795050Listed by: QUORA REALTY - New
$147,000Active-- beds 1 baths400 sq. ft.4114 Holiday Drive #18, Panama City, FL 32408
MLS# 795039Listed by: CHRISTIES INTERNATIONAL REAL ESTATE EMERALD COAST