2 months on rocket

100 Cherry St Unit 705, Panama City, FL, 32401

$315,000

Home List Price

$3,741*

Closing Credit

1 Bedroom
1 Full Bath
1,091 SqFt
$289/SqFt
Condo

Location

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100 Cherry St Unit 705, Panama City$315,000

Buyer Closing Credits

$3,741*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned
Year Built1975
HeatingCentral, Electric
CoolingCentral Air
WaterfrontBay, Dock Access, Seawall
ViewBay
MLS #761709
StatusActive

About 100 Cherry St Unit 705

The view from this 7th floor Cove Condominium unit overlooking the Bay is stunning! From gorgeous sunsets to watching the dolphins frolic you will love the waterfront views that await you! The 1 bedroom 1 bath unit is 1091 sf and feels so spacious. The kitchen has been remodeled to include new cabinetry, granite countertops and newer appliances. You will love the built in shelving unit that pulls out to maximize the space in the corner of the cabinetry. There is a breakfast bar, pantry and an open view to the water. The stackable washer and dryer stays with the unit. The water heater was replaced in 2023 and the ac in 2021. The dining and living areas have laminate flooring for easy care. The sliding glass doors that lead out to the large decorative balcony were replaced in 2019. The balcony is tiled so it's very attractive. The bedroom is spacious and overlooks the bay as well. The bathroom has a long vanity and a remodeled walk in shower with glass sliding door. There are vertical blinds in the living room and bedroom. A huge plus is that the assigned parking space for this unit is just outside the lobby entrance. There is also ample guest parking as well. The unit comes with a large 20' x 5' storage unit at the end of the hall. This is the largest storage unit offered in the complex. Amenities on site include a large pool, covered pavilion, club house with kitchen and bathrooms, and a fishing/boat mooring dock with fish cleaning station. The dock has electric and water running to it. Boats may tie up to the dock for up to 48 hours. There is also a car washing station on site. You will love this beautiful property and how close it is to downtown Panama City. You are just a stones throw to the downtown marina and boat ramp, wonderful restaurants, Tarpon Dock seafood market, Panama City Center for the Arts, McKenzie Park, concerts on the lawn, Hotel Indigo and more. Make an appointment to see this one today!

Property Details

Property Features

Property Information:

  • Architectural Style: Mid Rise
  • Year Built: 1975
  • Living Area: 1,091 SqFt

Listing Office:

  • Office Name: Keller Williams Success Realty

Interior Features

Interior Information:

  • Appliances: Dryer, Washer/Dryer Stacked, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Washer
  • Interior: Breakfast Bar, Pantry

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Bay, Dock Access, Seawall
  • View: Bay
  • Exterior: Balcony

Parking Information:

  • Parking: Assigned

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Downtown Panama City. South on Harrison Avenue. Left on Beach Drive to Cherry Street. Condominium is on your right, past the curve.

Price Information

Listing Price Info

Price Summary:

  • List Price: $315,000
  • Price Per SqFt: $289/SqFt

HOA Fees:

  • Amount: $2465
  • Frequency: Quarterly
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Housing Market Comparison

See how this home compares to others in Panama City, FL.

Med. Sold Price

$339.4K

Med. Price/SqFt

$201

Avg. Days On Market

77

# of Sold Homes

194

100 Cherry St Unit 705 vs Panama City

82 DAYS ON ROCKET

+5 Days

$315,000

-$24.4K Less

$289/SqFt

+$87 More

KEY TAKEAWAY

This property is $24.4K less than the Median Sold Price and $87/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #761709

Listing Office:

  • Office Name: Keller Williams Success Realty

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. 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 deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/19/2024, 9:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,461

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,011

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1006160
1
/10
  • Merriam Cherry Street Elementary School

  • 1125 Cherry St

  • 0.73 miles

  • Public District Grades PK-5

school-card-donut-1006161
6
/10
  • Palm Bay Elementary School

  • 1104 Balboa Ave

  • 1.95 miles

  • Public Charter Grades KG-5

school-card-donut-1006162
1
/10
  • St. Andrew School at Oakland Terrace

  • 2010 W 12th St

  • 2.67 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,032. The majority of Panama City, FL residents have income less than $35k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 100 Cherry St Unit 705

What is the listing price of this property?

The listing price of 100 Cherry St Unit 705 property is $315,000.

What type of property is this?

The property 100 Cherry St Unit 705 is a condo located in Panama City, Florida, 32401.

Is this property for sale now?

Active Listing: 100 Cherry St Unit 705 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 100 Cherry St Unit 705 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 100 Cherry St Unit 705 is 1,091 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 100 Cherry St Unit 705 is 1975.

Rocket HomesFloridaBay CountyPanama City32401100 Cherry St Unit 705

This home is located at 100 Cherry St Unit 705 in Panama City, FL and zip code 32401. This 1,091 square foot home was built in 1975. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $315,000.

In October 2024, from all listings sold in Panama City, FL there were more than 16 sold above asking price, over 138 sold below and more than 40 were sold right at the asked price. Between September 2024 and October 2024, Panama City, FL real estate market has seen decrease in the number of listings by 1.7%. The median list price of listings available in October 2024 was $339,477, while the average time on the real estate market was 77 days.

From Rocket Homes Real Estate and based on county public records data.

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