Listing photo for 2416 Cherry Street, Panama City, FL
Listing photo for 2416 Cherry Street, Panama City, FL
Listing photo for 2416 Cherry Street, Panama City, FL
Listing photo for 2416 Cherry Street, Panama City, FL
Listing photo for 2416 Cherry Street, Panama City, FL
Listing photo for 2416 Cherry Street, Panama City, FL
Listing photo for 2416 Cherry Street, Panama City, FL
Listing photo for 2416 Cherry Street, Panama City, FL
Listing photo for 2416 Cherry Street, Panama City, FL
Listing photo for 2416 Cherry Street, Panama City, FL
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2416 Cherry Street,

Panama City, FL

$895,000

3,347 Sqft
1.17 Acres

This property is located in an opportunity zone which qualifies for special opportunity funding through the EDA. This is a rare opportunity town waterfront , income producing property. There are two parcels with structures on each that yield monthly rent in addition to the marina property that has a submerged land lease with 23 slips permitted. The property took damage after Hurricane Michael. The DEP currently allows for re establishment of the previously permitted docks with no new permitting required. The property is centrally located and adjacent to other industrial shipyards. Perfect for commercial use or private boat use.

Facts & Features
MLS® # 693630
Price $895,000
Square Footage 3,347
Acres 1.17
Year Built 1937
Type Commercial Sales
Sub-Type Income Producing
Style Commercial
Status Active
Listing Office Nations Real Estate, Inc
Community Information
Address 2416 Cherry Street
Area 02 - Bay County - Central
Subdivision Magnolia View
City Panama City
County Bay
State FL
Zip Code 32401
Amenities
Utilities Public Water
Is Waterfront Yes
Waterfront Bay
Interior
Heating AC - HVAC
Exterior
Construction Roof - Composite Shngl, Siding - Wood, Foundation - Off Grade
School Information
Elementary Cherry Street
Middle Jinks
High Bay
Additional Information
Date Listed February 3rd, 2020
Days on Market 351
Zoning Industrial Light
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00
Listing Details
Office Nations Real Estate, Inc
Photo of Scott Gordon

Scott Gordon

Office: 850-898-1205
Cell: 850-532-4142

DISCLAIMER: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Source: Bay County Association Of REALTORS® Multiple Listing Service