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5220 Cherry Street

Panama City, FL 32404
  • $269,000
  • STATUS: Active Under Contract
  • ON SITE: 142 Days
  • MLS #: 790214
Under Contract
UPDATED: 53 min ago
$269,000
  • 3
    BEDS
  • 0.42
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,400
    SQFT
  • $192
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1959
County:
Bay

School Information

Elementary School:
Middle School:
High School:

Description

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Opportunities like this are exceptionally rare -- a beautifully remodeled property with MIXED USE zoning that allows you to legally LIVE and WORK in the same space. Whether you're an entrepreneur, small business owner, creative professional, investor, or simply someone who wants flexibility for the future, this property delivers a lifestyle and business opportunity that's hard to duplicate. Perfectly positioned near Tyndall Air Force Base and just off busy Tyndall Parkway, the location offers both convenience and visibility with strong traffic counts for potential business exposure. Unlike standard commercial zoning, the Mixed-Use designation in this area allows residential occupancy -- giving you the freedom to operate a business without sacrificing the comfort of home. Inside, the remodel is nothing short of brilliant. Every inch of the space has been thoughtfully reimagined for maximum functionality, flow, and style. The main area of this home features a living room, dining area, remodeled kitchen with quartz countertops and new stainless appliance package and 2 bedrooms and 2 full baths, including a stunning newly created primary suite complete with an ensuite bath and walk-in closet. On the opposite side of the home, on the other side of the living room, there is a separate flex space with an oversized closet and an exterior door that walks out into the carport, which creates endless possibilities. Use it as a private third bedroom, client office, salon studio, creative workspace, consultation room, boutique, or home-based business -- all without clients or customers ever needing to enter your main living space. It's the ideal setup for maintaining both professionalism and privacy. Outside, the oversized corner lot adds even more value and versatility. The fully fenced yard with front and side gates provides security and functionality, while the drive-through carport and generous parking areas make access easy for personal vehicles, trailers, work trucks, or business clients. There's plenty of room here to truly make the property work for your lifestyle. Additional features include: huge corner lot with excellent accessibility; fully fenced with solar light post caps and multiple gated access points; large slab for the addition of a future shed; drive-through carport; working irrigation pump; flexible floor plan with residential and business potential; excellent visibility and convenience near shopping, dining, and Tyndall AFB; rare zoning flexibility in a rapidly growing area! This is more than just a remodeled home -- it's a smart lifestyle investment that gives you options, flexibility, visibility, and freedom all in one property.

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© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX by the Sea. Data last updated: 2026-10-12T10:04:02.517.
www.coastalsandsproperties.com/homes/176773188
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5220 Cherry Street Panama City, FL 32404

  • Price: $269,000
  • Status: Active Under Contract
  • On Site: 142 Days
  • Updated: 53 min ago
  • MLS #: 790214
3
Beds
2
Baths
0
½ Baths
0.42
Acres
1,400
SQFT
$192
$/SQFT
1959
Built
Neighborhood:
No Named Subdivision
County:
Bay
Area:
Bay County-Central
Elementary School:
Parker
Middle School:
Rutherford Middle
High School:
Rutherford
Property Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Opportunities like this are exceptionally rare -- a beautifully remodeled property with MIXED USE zoning that allows you to legally LIVE and WORK in the same space. Whether you're an entrepreneur, small business owner, creative professional, investor, or simply someone who wants flexibility for the future, this property delivers a lifestyle and business opportunity that's hard to duplicate. Perfectly positioned near Tyndall Air Force Base and just off busy Tyndall Parkway, the location offers both convenience and visibility with strong traffic counts for potential business exposure. Unlike standard commercial zoning, the Mixed-Use designation in this area allows residential occupancy -- giving you the freedom to operate a business without sacrificing the comfort of home. Inside, the remodel is nothing short of brilliant. Every inch of the space has been thoughtfully reimagined for maximum functionality, flow, and style. The main area of this home features a living room, dining area, remodeled kitchen with quartz countertops and new stainless appliance package and 2 bedrooms and 2 full baths, including a stunning newly created primary suite complete with an ensuite bath and walk-in closet. On the opposite side of the home, on the other side of the living room, there is a separate flex space with an oversized closet and an exterior door that walks out into the carport, which creates endless possibilities. Use it as a private third bedroom, client office, salon studio, creative workspace, consultation room, boutique, or home-based business -- all without clients or customers ever needing to enter your main living space. It's the ideal setup for maintaining both professionalism and privacy. Outside, the oversized corner lot adds even more value and versatility. The fully fenced yard with front and side gates provides security and functionality, while the drive-through carport and generous parking areas make access easy for personal vehicles, trailers, work trucks, or business clients. There's plenty of room here to truly make the property work for your lifestyle. Additional features include: huge corner lot with excellent accessibility; fully fenced with solar light post caps and multiple gated access points; large slab for the addition of a future shed; drive-through carport; working irrigation pump; flexible floor plan with residential and business potential; excellent visibility and convenience near shopping, dining, and Tyndall AFB; rare zoning flexibility in a rapidly growing area! This is more than just a remodeled home -- it's a smart lifestyle investment that gives you options, flexibility, visibility, and freedom all in one property.
Exterior Features

Architectural Style Ranch Attached Garage YN No Construction Materials Brick Veneer Block Covered Spaces 2 Exterior Features Patio Fencing Full Chain Link Fenced Foundation Details Pillar / Post / Pier Garage YN No Levels One Lot Features Paved Patio And Porch Features Patio Pool Features Other See Remarks Road Frontage Type City Street Roof Metal Stories 1

Interior Features

Appliances Electric Cooktop Electric Oven Electric Range Electric Water Heater Cooling Central Air Ceiling Fan(s) Cooling YN Yes Heating Central Electric Heating YN Yes Interior Features Main Level Primary Shower Only Walk- In Closet(s) Parking Features Drive Through Rooms Primary Bathroom (First Level) Primary Bedroom (First Level) Bedroom (First Level) Bedroom (First Level) Kitchen (First Level) Dining Room (First Level) Living Room (First Level) Units Furnished None

Property Features

Association YN No Community Features Short Term Rental Allowed Disclosures Accepting Backup Offers Listing Service Full Service Lot Size Dimensions 130x140 New Construction YN No Occupant Type Vacant Property Sub Type Single Family Residence Property Sub Type Additional Single Family Residence Senior Community YN No Sewer Public Sewer Utilities Electricity Available Waterfront YN No

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Beachy Beach Real Estate: 850-532-6262. Listing information © 2026 Central Panhandle Association of Realtors MLS.


© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX by the Sea. Data last updated: 2026-10-12T10:04:02.517.
 
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