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Sarah Lester
REALTOR®
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5220 Cherry Street , Panama City, FL 32404

$285,000.00
  • 5220 Cherry Street , Panama City, FL 32404 Main Photo

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New to the Market Active
BEDS3 BATHS2 full SQUARE FEET1,400 MLS#790214
STATUSActive PROPERTY TYPEResidential - Single Family

Property Description

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.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air, Ceiling Fan(s)
Fenced: Yes
Heating: Central, Electric
Home Style: Ranch
Lot Size: 0.42 Acres
Roof Type: Metal
Stories: 1.0
Year Built: 1959

Amenities

Patio

Feature Descriptions

Appliances: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
Community Features: Short Term Rental Allowed
Exterior: Block
Fencing: Full, Fenced
Lot: Paved
Lot Dimensions: 130x140
Parcel#: 24966-000-000
Parking: Drive Through
Parking Notes: Drive Through
Patio/Porch: Patio
Pool: Other, See Remarks
Sewer: Public Sewer
Units: 1
Utilities: Electricity Available

Room Sizes

Primary Bathroom: 8 X 8 Level - First
Primary Bedroom: 13 X 13 Level - First
Bedroom: 10 X 11 Level - First
Bedroom: 9 X 21 Level - First
Kitchen: 10 X 10 Level - First
Dining Room: 10 X 10 Level - First
Living Room: 16 X 16 Level - First

Local Schools

High School: Rutherford
Middle School: Rutherford Middle
Elementary School: Parker

Listed By / Shown By

Listed By

Agency Name: Beachy Beach Real Estate

Shown By

Agent Name: Sarah Lester
Agent Phone: Cell: (804) 300-2503

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Estimated Payment

$ 1,279.36 per month $1,196.24 Principal & Interest $0.00 Property Tax (data not provided by mls) $83.13 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 05/22/2026. The listing information on this page last changed on 05/22/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 05/22/2026 5:10:07 PM EST) or CVRMLS (last updated Fri 05/22/2026 5:04:29 PM EST). Real estate listings held by brokerage firms other than Resource Realty Services may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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