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Sold for $175,000
  • $175,000

    900 Cherry St E, Panama City, FL 32401

    --beds
    --baths
    0.65Acres
    Unimproved Land
    Built in ----
    0.65 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    What's special

    Enhanced curb appealLarge strategic corner locationHighly visible locationHandy multi-method property access
    PRIME REAL ESTATE AND READY TO BE SOLD! This dynamic corner commercial vacant property is located directly across street from Dollar General store in the Cove, just one block from Merriam Cherry Street School. Large strategic corner location with handy multi-method property access and exposure that includes paved alley access across the rear. This highly visible location with steady consumer traffic offers a super site for commercial business/retail storefront, service industry and/or office space. Mostly a single family area, there are multi-family residential (condo or apartment complex type) properties in the immediate 'Cove' area. The Tax ID Parcel # above has an additional attached separate second parcel (Tax ID # 20985-010-000) making this a larger L-Shaped property (total property near .65 acre). The main rectangular parcel is approximately 164 feet on Cherry Street and near 150 feet deep to alley along rear of property. The adjoining parcel adds near 25 feet x 160 feet piece along the alley and behind the existing (attorney) office bldg to the East (see attached sketch in documents). The total parcel being sold is L-Shaped and over (6/10ths) of an acre. This property was formerly a convenience store and gas station (Jr Foods store and EZ Serve) for numerous years. A copy of DEP remediation letter acknowledgement is in attached 'Documents'. More recently the former building has been used as an uniform company and ambulance company, building was damaged by Hurricane Michael (2018) - and that original building has since been removed. The property is currently vacant land with multiple concrete pads on site. The property has enhanced curb appeal with recently completed Cherry Street rehab and renovation (repaving/landscaping/widened walks). Current owner has limited first hand knowledge about prior site usage and has no specifics of prior environmental remediation. Seller encourages and will grant new buyer site access for any environmental audits or other inspections that may accompany any typical sales contract negotiations. The Cove is a popular and well populated mostly residential area - a properly positioned new retail, office, or service business should handsomely succeed at this prime Cove location. This property is in the heart of the Cove, with plenty of consumer traffic and visibility...a great location for a town centre type business location. CURRENT OWNER IS READY... AND SAYS SELL!

    Zillow last checked:

    Listing updated:

    Listed by:

    Vince O'Keefe 850-814-8780,

    O'Keefe & Wainwright Inc

    Bought with:

    Non Member

    NON-MEMBER OFFICE

    Source: CPAR,MLS#: 756700MLS Logo

    Facts & features

    Property

    Lot
    • Size: 0.65 Acres
    Details
    • Parcel number: 20985000000
    • Zoning description: Commercial
    • Special conditions: Listed As-Is

    Utilities & green energy

    • Utilities for property: Sewer Available

    Community & HOA

    Community
    • Subdivision: Sudduths 2nd Add
    HOA
    • Has HOA: No
    Location
    • Region: Panama City

    Financial & listing details

    • Date on market: 5/6/2024
    • Cumulative days on market: 320 days
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/25/2025Sold$175,000-23.6%
    Source: CPAR #756700 Report a problem
    3/23/2025Pending sale$229,000
    Source: CPAR #756700 Report a problem
    12/5/2024Price change$229,000-2.6%
    Source: CPAR #756700 Report a problem
    8/1/2024Price change$235,000-5.6%
    Source: CPAR #756700 Report a problem
    7/12/2024Price change$249,000-6%
    Source: CPAR #756700 Report a problem
    5/6/2024Listed for sale$265,000-5.2%
    Source: CPAR #756700 Report a problem
    9/18/2023Listing removed$279,500
    Source: CPAR #743246 Report a problem
    6/26/2023Listed for sale$279,500
    Source: CPAR #743246 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 32401

    Nearby schools

    GreatSchools rating