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Size: 0.59 Acres
Type: House
Home: 2 beds - 1 full bath

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0.59 Acres in Panama City, FL - $239,500

Investor Alert! Dual-Opportunity Property on a Huge Lot in Callaway! Are you looking to break into investment real estate or expand your portfolio? This property offers multiple income opportunities in one deal! Located at 7101 Cherry Street, this oversized lot once hosted two separate homes now presenting the perfect chance to revitalize the existing house with a little TLC for rental income and explore the potential to build an additional home for maximum use and profit. Situated on busy Cherry Street in Callaway, this location puts you close to schools, shopping, restaurants, and major conveniences, making it ideal for tenants and homeowners alike. Whether you're an experienced investor or a first-time buyer ready to build wealth, this property delivers the space, location, and opportunity to make it happen. Act fast. Opportunities like this don't last long!

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Coldwell Banker Realty

Panama City Beach, FL

(850) 687-7487

Catriese Johnson

Coldwell Banker Realty
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Coldwell Banker Realty, (850) 687-7487
Source: Coldwell Banker, MLS# 781433
Listing last updated: November 16, 2025 at 9:55 PM
Listing last checked: December 12, 2025 at 3:31 AM
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