5220 Cherry Street, Panama City, FL 32404 (MLS# 790214)

List Price/SqFt: 203.57

Status: Active

List Date: 2026-05-22

List Price: $285,000

Current Price: $285,000

Sub Area: 0202 - Bay - Central SE

Community/Resort: None

Waterfront: No

Elementary School: Parker

Middle School: Rutherford Middle

High School: Rutherford

Directions: From Tyndall Parkway Walmart travel South on Tyndall Parkway. Turn right onto Cherry St. Property is on the left on the corner of Seneca and Cherry.

Area: 02 - Bay County - Central

Street #: 5220

Street Name: Cherry

Street Suffix: Street

State: FL

Zip Code: 32404

County: Bay

Subdivision: No Named Subdivision

Parcel ID: 24966-000-000

Legal Description: 13 4S 14W -78-119A1 LOT 7 BLK 2 WM. L. WILSON PLAT AS PER ORB 25 P 373 DESC; AS BEG 1165' E & 25' S OF NW COR OF NE1/4 TH E 130' S 140' W 130' N 140' TO BEG ORB 4609 P 1646

Acreage: 0.42

Design: Ranch

Lot Size (SqFt): 18200

Apx SqFt(Htd/Cooled): 1400

Immediate Occupancy: Yes

Construction Status: Construction Complete

SqFt Source: Prop App Site

Half Baths: 0

# of Stories in Building: 1

# of Units in Bldg: 1

Units Above Ground: 1

Lot Dimensions: 130x140

New Construction: No

Garage Y/N: No

Covered Spaces: 2

Driveway Spaces: 4

Pool: No

Sub-Type: Detached Single Family

Bedrooms: 3

Full Baths: 2

Total Baths: 2

Year Built: 1959

HOA Fee: No

Senior Community: No

New Buyer Fee: No

Lot: 7

Block: 2

Brokerage Interest: No Interest

As Is: No

Section: 13

Township: 4S

Range: 14W

Remarks: 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.

First: 1

First: 1

Cooktop - Electric: 1

Dishwasher: 1

Oven - Electric: 1

Range - Electric: 1

Water Heater - Electric: 1

Floor - Laminate: 1

Floor - Tile: 1

Floor - Vinyl: 1

Floor - Vinyl Plank: 1

Window - Treatment Some: 1

Block: 1

Foundation - Off Grade: 1

Roof - Metal: 1

Trim - Wood: 1

Fenced Lot-All: 1

Patio Open: 1

Cash: 1

Conventional: 1

FHA: 1

VA: 1

Unfurnished: 1

First: 1

First: 1

Cleared: 1

Corner Lot: 1

Paved Road: 1

Carport Attached: 1

Drive Through: 1

MBath Shower Only: 1

MBed First Floor: 1

MBed Walk-in Closet: 1

Mixed Use: 1

Other - See Remarks: 1

Bedroom: 1

Dining Room: 1

Kitchen: 1

Living Room: 1

Master Bathroom: 1

Master Bedroom: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

First: 1

First: 1

Ceiling Fan(s): 1

Central Air: 1

Electric: 1

Central: 1

Electric: 1