141 Cheri Ln, Panama City, FL 32404

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9beds

0baths

4,280sqft

1984year built

ActiveResidentialResidentialLot 11,325 sqftHOA NoneMLS# 986541

Listed by: Whitney E Cooley 850-368-5782, Scenic Sotheby's International Realty

Source:Emerald Coast MLS (ECAR)|MLS #986541

What's special

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.

Bedrooms9

Bathrooms0

Year built1984

Home typeResidential

Property subtypeResidential

Living area4,280 sqft

Lot size11,325 sqft

RegionPanama City, FL

HOA feeNone

Price per square foot$147/sqft

Date on market2025-10-01T00:00:00.000Z

MLS#986541