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For sale
    • Price cut: $19.5K (7/28)
    $630,500

    141 Cheri Ln, Panama City, FL 32404

    9beds
    4,280sqft
    : 
    $3,962/mo
    Get pre-qualified
    Townhouse
    Built in 1984
    0.26 Acres Lot
    $-- Zestimate®
    $147/sqft
    $-- HOA

    What's special

    New roofNew paintUpdated interiorsExcellent curb appealRefreshed kitchens
    This impressive two-story quadplex in Panama City presents a prime investment opportunity. Fully rented and generating $4,950 monthly, this eight-bedroom, nine-bathroom property spans more than 4,280 square feet of heated and cooled space. With a new roof, newer water heaters and updated interiors and exteriors, this property offers both stability and modern amenities. Comprising three two-bedroom, 1.5-bath units (972 square feet each) and one spacious three-bedroom, two-bath unit (1,364 square feet), this property is designed to attract and retain tenants. Each unit features updated flooring, refreshed kitchens and new paint throughout. The exterior has been similarly revitalized, ensuring excellent curb appeal. Ideal for investors and military personnel, this property is located in a great area, offering easy access to local amenities and services. With a new HVAC system and updated fixtures, this quadplex is fully equipped to continue generating reliable rental income.
    317 days
    |
    83
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Whitney E Cooley whitney@scenicsir.com,

    Scenic Sotheby's International Realty

    Source: ECAOR,MLS#: 986541MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 8
      • Full bathrooms: 5
      • 1/2 bathrooms: 3
      Primary bedroom
      • Level: Second
      • Area: 117 Square Feet
      • Dimensions: 13 x 9
      Primary bedroom
      • Level: Second
      • Area: 117 Square Feet
      • Dimensions: 13 x 9
      Primary bedroom
      • Level: Second
      • Area: 117 Square Feet
      • Dimensions: 13 x 9
      Primary bedroom
      • Level: Second
      • Area: 117 Square Feet
      • Dimensions: 13 x 9
      Bedroom
      • Level: Second
      • Area: 117 Square Feet
      • Dimensions: 13 x 9
      Bedroom
      • Level: Second
      • Area: 117 Square Feet
      • Dimensions: 13 x 9
      Bedroom
      • Level: Second
      • Area: 117 Square Feet
      • Dimensions: 13 x 9
      Bedroom
      • Level: Second
      • Area: 117 Square Feet
      • Dimensions: 13 x 9
      Bathroom
      • Level: First
      • Area: 18 Square Feet
      • Dimensions: 6 x 3
      Bathroom
      • Level: Second
      • Area: 60 Square Feet
      • Dimensions: 10 x 6
      Bathroom
      • Level: Second
      • Area: 60 Square Feet
      • Dimensions: 10 x 6
      Bathroom
      • Level: Second
      • Area: 60 Square Feet
      • Dimensions: 10 x 6
      Kitchen
      • Level: First
      • Area: 80 Square Feet
      • Dimensions: 10 x 8
      Living room
      • Level: First
      • Area: 169 Square Feet
      • Dimensions: 13 x 13
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Electric Water Heater
      Features
      • Newly Painted
      • Flooring: Tile
      Interior area
      • Total structure area: 4,280
      • Total interior livable area: 4,280 sqft

      Property

      Features
      • Stories: 2
      Lot
      • Size: 0.26 Acres
      • Dimensions: 135 x 84
      • Features: Cleared, Dead End, Interior Lot, Level
      Details
      • Parcel number: 25249300000
      • Zoning description: Resid Multi-Family
      • Special conditions: Accept Backup Offers

      Construction

      Type & style
      • Home type: Townhouse
      • Property subtype: Townhouse
      Materials
      • Wood Siding, Siding CmntFbrHrdBrd
      • Roof: Composition
      Condition
      • Construction Complete,Renovated
      • New construction: No
      • Year built: 1984

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Subdivision: No Named Subdivision
      Location
      • Region: Panama City

      Financial & listing details

      • Price per square foot: $147/sqft
      • Tax assessed value: $84,155
      • Annual tax amount: $5,747
      • Date on market: 3/16/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,968/mo

        Price history

        DateEventPrice
        7/28/2026Price change$630,500-3%$147/sqft
        Source: ECAOR #986541 Report a problem
        3/16/2026Listed for sale$650,000$152/sqft
        Source: ECAOR #986541 Report a problem
        2/13/2026Pending sale$650,000$152/sqft
        Source: ECAOR #986541 Report a problem
        10/1/2025Listed for sale$650,000+8.5%$152/sqft
        Source: ECAOR #986541 Report a problem
        7/7/2025Listing removed$599,000$140/sqft
        Source: ECAOR #955951 Report a problem
        10/29/2024Price change$599,000-7.8%$140/sqft
        Source: ECAOR #955951 Report a problem
        8/1/2024Listed for sale$650,000+44.4%$152/sqft
        Source: ECAOR #955951 Report a problem
        3/18/2022Sold$450,000+7.1%$105/sqft
        Source: CPAR #721307 Report a problem
        1/23/2022Contingent$420,000$98/sqft
        Source: CPAR #721307 Report a problem
        1/23/2022Price change$420,000+6.3%$98/sqft
        Source: CPAR #721307 Report a problem
        1/21/2022Listed for sale$395,000+107.9%$92/sqft
        Source: CPAR #721307 Report a problem
        5/12/2020Listing removed$190,000$44/sqft
        Source: Keller Williams Success Realty #696984 Report a problem
        4/30/2020Listed for sale$190,000$44/sqft
        Source: Keller Williams Success Realty #696984 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2020$895 -1.3%$84,155 -1.5%
        2019$907 $85,422 -32%
        2018$907 -33.1%$125,563 -1%
        2017$1,355 -3%$126,830 -1%
        2016$1,397 -8.5%$128,100 -1%
        2015$1,526 $129,370 -1.1%
        2014$1,526 $130,791 -5.9%
        2013-- $139,022 -39.7%
        2011-- $230,506 +10%
        2010-- $209,551 +3.9%
        2009-- $201,671 -2.9%
        2008-- $207,750 -4.9%
        2007-- $218,471 +12.7%
        2006-- $193,837 +11.9%
        2005-- $173,297 +22.4%
        2002-- $141,613 +11.7%
        2000-- $126,778
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 32404

        Getting around

        27 / 100
        Car-Dependent
        20 / 100
        Minimal Transit
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Parker
        • High: Rutherford

        Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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