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141 Cheri Lane, Panama City, FL 32404

Local realty services provided by:CENTURY 21 Ryan Realty
141 Cheri Lane,Panama City, FL 32404
$650,000
  • 9 Beds
  • 8 Baths
  • 4,280 sq. ft.
  • Single family
  • Active
Listed by: whitney e cooleywhitney@scenicsir.com
Office: scenic sotheby's international realty
MLS#:986541
Source:FL_ECAR

Price summary

  • Price:$650,000
  • Price per sq. ft.:$151.87

About this home

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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Home facts

  • Year built:1984
  • Listing ID #:986541
  • Added:76 day(s) ago
  • Updated:December 16, 2025 at 08:57 PM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:8
  • Full bathrooms:5
  • Half bathrooms:3
  • Living area:4,280 sq. ft.

Structure and exterior

  • Year built:1984
  • Building area:4,280 sq. ft.
  • Lot area:0.26 Acres

Schools

  • High school:Rutherford
  • Middle school:Rutherford ( Middle )
  • Elementary school:Parker

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$650,000
  • Price per sq. ft.:$151.87
  • Tax amount:$5,748 (2024)
The information being provided by Emerald Coast Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Emerald Coast Association Of REALTORS®. CENTURY 21 Ryan Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Ryan Realty, a broker participant of Emerald Coast Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Emerald Coast Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2025 Emerald Coast Association Of REALTORS®. All rights reserved.

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