141 Cheri Ln, Panama City, FL 32404

Building Details

Year Built

1984

Listing office w***@scenicsir.com Show Phone

Listing date Nov 28, 2025

Source Elliman

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All listing content including descriptions, pricing, images are the copyrighted material of Amanda E Henderson

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Overview

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.

Suggested Use

Law Firm Real Estate Agency Hair Salon Dental Office Spa & Massage Center Parking Lot & Garage Nail Salon HVAC Service Bakery Skin Care Clinic

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

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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.