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5220 Cherry Street, Panama City, FL - photo 1

$269,000

5220 Cherry Street

Panama City, FL 32404

Estimated payment $1,614/month

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3Beds
2Baths
1,400Sq Ft
$192Price/Sq Ft

Preferred partner

Kinsfolk Realty

Kinsfolk Signature Realty

Powered by Hometrino

(813) 602-0498

Highlights

No HOA
Built in 1959
18,295 sqft Lot

About This Home

Opportunities like this are exceptionally rare -- a beautifully remodeled property with MIXED USE zoning that allows you to legally LIVE and WORK in the same space. Whether you're an entrepreneur, small business owner, creative professional, investor, or simply someone who wants flexibility for the future, this property delivers a lifestyle and business opportunity that's hard to duplicate. Perfectly positioned near Tyndall Air Force Base and just off busy Tyndall Parkway, the location offers both convenience and visibility with strong traffic counts for potential business exposure. Unlike standard commercial zoning, the Mixed-Use designation in this area allows residential occupancy -- giving you the freedom to operate a business without sacrificing the comfort of home. Inside, the remodel is nothing short of brilliant. Every inch of the space has been thoughtfully reimagined for maximum functionality, flow, and style. The main area of this home features a living room, dining area, remodeled kitchen with quartz countertops and new stainless appliance package and 2 bedrooms and 2 full baths, including a stunning newly created primary suite complete with an ensuite bath and walk-in closet. On the opposite side of the home, on the other side of the living room, there is a separate flex space with an oversized closet and an exterior door that walks out into the carport, which creates endless possibilities. Use it as a private third bedroom, client office, salon studio, creative workspace, consultation room, boutique, or home-based business -- all without clients or customers ever needing to enter your main living space. It's the ideal setup for maintaining both professionalism and privacy. Outside, the oversized corner lot adds even more value and versatility. The fully fenced yard with front and side gates provides security and functionality, while the drive-through carport and generous parking areas make access easy for personal vehicles, trailers, work trucks, or business clients. There's plenty of room here to truly make the property work for your lifestyle. Additional features include: huge corner lot with excellent accessibility; fully fenced with solar light post caps and multiple gated access points; large slab for the addition of a future shed; drive-through carport; working irrigation pump; flexible floor plan with residential and business potential; excellent visibility and convenience near shopping, dining, and Tyndall AFB; rare zoning flexibility in a rapidly growing area! This is more than just a remodeled home -- it's a smart lifestyle investment that gives you options, flexibility, visibility, and freedom all in one property.

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Facts & features

Bedrooms & bathrooms

  • •Bedrooms:3
  • •Bathrooms:2
  • •Full bathrooms:0

Heating

  • •Has Heating:Yes

Interior area

  • •Total structure area:1,400 sqft
  • •Total interior livable area:1,400 sqft

Parking

  • •Parking features:N/A
  • •Garage spaces:0
  • •Has attached garage:No

Lot

  • •Size:18,295 sqft

Details

  • •Parcel number:N/A

Type & style

  • •Home type:Detached Single Family
  • •Property subtype:Residential

Materials

  • • N/A

Condition

  • •Year built:1959

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Price history

DateEventPrice
2026-08-27T00:00:00.000ZListed for sale$269,000$192/sqft

Listing Agent

Jessica J Albritton

Beachy Beach Real Estate

Brokerage Phone: 850-532-6262

Source: Emerald Coast MLS · MLS #1010735

Data Powered by Home Junction, Inc.

Nearby

Schools

PARKER ELEMENTARY SCHOOL

Elementary · 0.7 mi

CALLAWAY ELEMENTARY SCHOOL

Elementary · 1.7 mi

MARGARET K. LEWIS IN MILLVILLE

Elementary · 1.8 mi

Supermarkets

Winn-Dixie

0.2 mi

Cuban Sisters

0.2 mi

Grocery Outlet

0.4 mi

Dining

Mr Pho

0.3 mi

Dine-In Or Carryout

0.3 mi

Zaxby's Chicken Fingers & Buffalo Wings

0.4 mi

Parks

Buddy McLemore Park

0.9 mi

Springfield Gardens Walking Park

1.1 mi

Henry Brooks Memorial Walking Park

1.3 mi

Beaches

Delwood Beach

7.2 mi

St. Andrews State Park Beach

8.5 mi

Panama City Beach

12.7 mi

Nearby amenity locations include data © OpenStreetMap contributors.