Price Reduced...and PRIME TO BE SOLD! This dynamic corner commercial vacant property is located directly across street from Dollar General store in the Cove, just one block from Merriam Cherry Street School. Great multi-method property access and exposure with this strategic corner location that also includes paved alley across the rear. This highly visible location with steady consumer traffic offers this to be a great site for commercial business/retail storefront or service industry office space. There are several multi-family residential (condos or apartment complex) properties in the immediate area. The Tax ID Parcel # above has an attached separate additional second parcel (Tax ID # 20985-010-000) making this a larger L-Shaped property (total property near .65 acre). The main rectangular parcel is approximately 164 feet on Cherry Street and near 150 feet deep to alley along rear of property. The adjoining parcel adds near 25 feet x 160 feet piece along the alley and behind the existing (attorney) office bldg to East (see attached sketch in documents). The total parcel being sold is L-Shaped and just under (7/10ths) of an acre. This property was formerly a a gas station (Jr Foods store and EZ Serve) for many years. See copy of DEP remediation letter acknowledgement in attached Documents. More recently the former building was an Ambulance Company, but building was damaged by Hurricane Michael (2018) - that original building has since been removed. The property is currently vacant land with multiple concrete pads on site. Enhanced curb appeal with recently completed Cherry Street rehab and renovation (repaving/landscaping/widened walks...). The current owner has minimal first hand knowledge about prior site usage and has no specifics of prior environmental remediation. Seller has no problem granting buyer site access for any environmental audits or other inspections per typical sales contract negotiations. The Cove is a popular and well populated mostly residential area - a properly positioned new retail, office, or service business wil handsomely succeed at this prime Cove location. This property is in the heart of the Cove, with plenty of traffic and visibility...a great location for a town centre type business location. CURRENT OWNER IS READY... AND SAYS SELL!
Property Details
Property Features
Listing Office:
Office Name: O'Keefe & Wainwright Inc
Lot Features
Lot Information:
Lot: Cleared, Corner Lot, Sloped
Lot Size: 0.65 Acres
Other
Directions Information:
Directions: From Cove Blvd (Hwy 77) and Bus Hwy 98 go south on Cove Blvd to Cherry Street (4 way stop). Turn left and go east on Cherry Street two blocks to subject property at corner of Cherry Street an Palo Alto Ave. Across Street from Dollar General Shopping Center in the Cove.
Price Information
Listing Price Info
Price Summary:
List Price: $229,000
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
1
/10
Merriam Cherry Street Elementary School
1125 Cherry St
Distance between this listing and this school0.16 miles
Public District Grades PK-5
6
/10
Palm Bay Elementary School
1104 Balboa Ave
Distance between this listing and this school2.29 miles
Public Charter Grades KG-5
1
/10
Cedar Grove Elementary School
2826 E 15th St
Distance between this listing and this school2.52 miles
Public District Grades PK-5
Nearby Schools
4
/10
Jinks Middle School
600 W 11th St
Distance between this listing and this school2.01 miles
Public District Grades 6-8
10
/10
University Academy Sabl Inc
1980 Discovery Loop
Distance between this listing and this school4.75 miles
Public Charter Grades KG-8
7
/10
Bay Haven Charter Middle School
2501 Hawks Landing Blvd
Distance between this listing and this school4.85 miles
Public Charter Grades 6-8
Nearby Schools
1
/10
Rosenwald High School
924 Bay Ave
Distance between this listing and this school1.44 miles
Public District Grades 6-12
4
/10
Bay High School
1200 Harrison Ave
Distance between this listing and this school1.84 miles
Public District Grades 9-12
5
/10
Palm Bay Preparatory Academy 6-12
1104 Balboa Ave
Distance between this listing and this school2.30 miles
The neighbors living near this home have an average income of $78,385. Typical income of Panama City, FL residents is between $35k-100k annually. Most families are married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 900 E Cherry St
What is the listing price of this property?
The listing price of 900 E Cherry St property is $229,000.
What type of property is this?
The property 900 E Cherry St is land located in Panama City, Florida, 32401.
Is this property for sale now?
Active Listing: 900 E Cherry St is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 900 E Cherry St in Panama City, FL and zip code 32401 in the Bunkers Cove neighborhood. This home sits on a 0.65 acre lot. It has been listed on Rocket Homes since May 06, 2024 and is currently priced at $229,000.
While more than 13 listings in Panama City, FL in November 2024 were sold above asking price, there were more than 33 listings sold at asking price, and more than 120 were sold below. The number of listings in Panama City, FL decreased by 3.9% between October 2024 and November 2024. The median list price of listings available in November 2024 was $339,223, while the average time on the real estate market was 79 days.
From Rocket Homes Real Estate and based on county public records data.
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.
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