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$599,000
175 Days On Site

141 Cheri Lane
Panama City, FL 32404

For Sale|Townhouse|Active
9
Beds
5
Full Baths
3
Partial Baths
4,280
SqFt
$140
/SqFt
1984
Built
Subdivision:
No Named Subdivision
County:
Bay
Listing courtesy of Whitney E Cooley of Scenic Sotheby's International Realty
Call Now: 850-424-5516
Is this the home for you? We can help make it yours.
850-424-5516
141 Cheri Lane141 Cheri Lane141 Cheri Lane141 Cheri Lane
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Mortgage Calculator

Monthly Payment (Est.)

$2,733
Calculator powered by Showcase IDX. Copyright ©2025 Information is deemed reliable but not guaranteed.

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.

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Listing Snapshot
Price 
$599,000
Days On Site 
175 Days
Bedrooms 
9
Inside Area (SqFt) 
4,280 sqft
Total Baths 
8
Full Baths 
5
Partial Baths 
3
Lot Size 
0.26 Acres
Year Built 
1984
MLS® Number 
955951
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
3 months agoPrice changed to $599,000
6 months agoListing first seen on site
General Features
Acres 
0.26
Number Of Stories 
2
Property Sub Type 
Townhouse
Sewer 
Public Sewer
SqFt Total 
4280
Style 
Fourplex
Water Source 
Public
Zoning 
Resid Multi-Family
Interior Features
Appliances 
Electric Water Heater
Cooling 
Central Air
Flooring 
Tile
Heating 
ElectricCentral
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Exterior Features
Construction Details 
Fiber Cement
Lot Features 
ClearedLevel
Roof 
Composition
Community Features
MLS Area 
27 - Bay County
Schools
School District
Unknown
Elementary School
Parker
Middle School
Rutherford ( Middle )
High School
Rutherford
Listing courtesy of Whitney E Cooley of Scenic Sotheby's International Realty



Listing information is provided by Participants of the Emerald Coast Association of Realtors MLS. IDX information is provided exclusively for 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 not guaranteed. Copyright 2025, Emerald Coast Association of Realtors MLS.
Data last updated at: 2024-07-22 06:25 PM UTC

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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