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6720-6728 Cherry Street Panama City, FL 32404

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For Sale
$1,099,500

Five-unit townhome building near Tyndall Air Force Base.

Property size:
6,750 SF
Added:
Mar 8, 2026
Days on Market:
26
Last Refresh:
Mar 16 at 11:01 am

Property Features for 6720-6728 Cherry Street

General Information

Standard status
Active
Size
6,750 SF

Building Details

Year Built
2025

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Listing Contact
HEATHER H NEUBAUER

Listing agent HEATHER H NEUBAUER License #3257545

Listing office ERA NEUBAUER REAL ESTATE INC

Listing date Mar 8, 2026

Source Corcoran

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

All listing content including descriptions, pricing, images are the copyrighted material of ERA NEUBAUER REAL ESTATE INC


Overview

New Construction Townhome Investment Opportunity

This newly constructed five-unit townhome building presents an investment opportunity with strong rental potential in Panama City. Each townhome includes 3 bedrooms, 2.5 bathrooms, approximately 1,300 square feet of living space, and an attached one-car garage. The two-story units feature tall ceilings and a wide hallway. The main level offers an open-concept living, dining, and kitchen area with quartz countertops, stainless steel appliances, breakfast bar seating, and contemporary finishes. A half bathroom is located on the first floor, and rear access leads to a covered patio. Upstairs, the primary bedroom suite includes a walk-in closet with built-in shelving and a private ensuite bathroom with custom tile work and an oversized shower. Two additional bedrooms, a full bathroom, and washer and dryer connections are also located on the second level. Community amenities include exterior maintenance and common area upkeep. The property is located approximately 6.6 miles from Tyndall Air Force Base, 1.6 miles from Winn-Dixie, and 2.9 miles from Under the Oaks Park, providing easy access to shopping, parks, and major roadways. The property size is 6,750 square feet.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

Location Insight

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  • Local Demand
City
Panama City
County
Walton
State
Florida
Longitude
-85.5746382
Latitude
30.1452116

FAQs

What type of property is this?
Apartment building - Five-unit townhome building near Tyndall Air Force Base.
Where is this apartment building located?
The property is located at 6720-6728 Cherry Street Panama City, FL.
What is the asking price?
The asking price for this property is $1,099,500.
What are key features of this property?
This property features: New construction 5‑unit townhome building: a modern, low‑maintenance investment.; Strong rental potential near Tyndall Air Force Base.; Each unit features 3 bedrooms, 2.5 bathrooms, approximately 1,300 sq ft, and an attached one‑car garage.
More about this property
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