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141 Cheri Ln Panama City, FL 32404

For Sale
$650,000

Fully rented quadplex generating $4,950 monthly in Panama City.

Lot size:
0.26 Acres

Property Features for 141 Cheri Ln

General Information

Lot size
0.26 Acres

Building Details

Year built
1984

Source: Scenic Sotheby's International Realty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Panama City Quadplex Investment Property

This two-story quadplex in Panama City is an investment opportunity. The property is fully rented and generates $4,950 monthly. The building includes eight bedrooms and nine bathrooms within its more than 4,280 square feet of heated and cooled space. The property features a new roof, newer water heaters, and updated interiors and exteriors. The layout includes three two-bedroom, 1.5-bath units, each measuring 972 square feet, and one three-bedroom, two-bath unit spanning 1,364 square feet. Each unit features updated flooring, refreshed kitchens, and new paint throughout. The exterior has been revitalized to enhance curb appeal. This property is suitable for investors and military personnel.
Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Panama City
County
Walton
State
Florida
Longitude
-85.5972913
Latitude
30.1323969

FAQs

What type of property is this?
Quadplex - Fully rented quadplex generating $4,950 monthly in Panama City.
Where is this quadplex located?
The property is located at 141 Cheri Ln Panama City, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: - Fully rented quadplex generating $4,950 monthly income.; - Updated interiors and exteriors, including refreshed kitchens and new paint.; - New roof and newer water heaters.
More about this property
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