6720-6728 Cherry Street, Panama City, FL 32404

This newly constructed five-unit townhome building presents an exceptional investment opportunity with strong rental potential in a convenient Panama City location. Each townhome features 3 bedrooms, 2.5 bathrooms, and approximately 1,300 square feet of heated and cooled living space, along with an attached one-car garage. The two-story units include a spacious entry with 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 space. Upstairs, the primary bedroom suite provides generous space with a walk-in closet featuring built-in shelving and a private ensuite bathroom showcasing 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, with easy access to shopping, parks, and major roadways. The property size is 6,750 square feet.