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$270,000

316 Cherry St Apt 25 Panama City, FL 32401

2 beds
2 full
860 sqft
$314 / sqft
Condo

Property details

About 316 Cherry St Apt 25

Now is your chance to own this Beautiful, ground floor water front unit. This unit is in Bay Club Condos located in the desirable Cove Neighborhood of Panama City, This condo is well maintained with 2 bedrooms and 2 bathrooms Living room, on Water Side and parking in front of your back door. Relax in the Bay side pool with an awesome view, or enjoy the private dock. Walking distance to all the great downtown places to; work, eat, boat, fishing and everything else important in the downtown area. Come see this unit today.

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size860 sqft
Year built1982
MLS #980835
WaterfrontBay, Harbor

Summary

  • Full Bathrooms: 2
  • Appliances: Cooktop, Refrigerator, Electric Oven
  • Total Bedroom Count: 2
  • Private Pool: No
  • Waterfront: Bay, Harbor
  • Architectural Style: N/A
  • Heating: Central
  • Cooling: Central Air
  • List Price: $270,000
  • Price/SqFt: $313
  • HOA Amount: $529 Monthly
  • Annual Tax Amount: $3,532
  • Tax Year: 2023
  • Directions: Going South on Hwy 77 / Cove Blvd. Take a Right on Cherry St and condo is down on the Left. Unit is on West side, ground floor
  • Year Built: 1982
  • Living Area: 860 SqFt
  • MLS Number: 980835
  • MLS Name: Emerald Coast Association of REALTORS®
  • Office Name: Beachy Beach Real Estate
  • Office Email: karen@beachybeach.com
  • Listing Agent: Karen K Smith

IDX Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. 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: 7/23/2025, 7:40:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
May 06, 2022
Home Sold
$229,000
Nov 06, 2012
Home Sold
$20,000
Nov 06, 2012
Home Sold
$40,000
Nov 06, 2012
Home Sold
$20,000
Feb 01, 2001
Home Sold
$80,000
Jun 12, 1996
Home Sold
$57,000

Tax history

YearAssessmentProperty Tax
2023$194,650$3,532
2022$142,800$695
2021$35,700$695
2020$21,183$242
2018$58,060$427
2017$56,866$418

History based on county public records data.

Nearby schools

4

Merriam Cherry Street Elementary School

Public District PK-5

0.6 mi

1125 Cherry St

4

Palm Bay Elementary School

Public Charter KG-5

2.0 mi

1104 Balboa Ave

1

St. Andrew School at Oakland Terrace

Public District PK-5

2.8 mi

2010 W 12th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $38,032. The most common annual income of people living in Panama City, FL is less than $<35k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

47%
<35k
36%
35k-100k
16%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

58%
Single, No Kids
5%
Single, with Kids
29%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
4%
12-17 yrs old
17%
18-34 yrs old
45%
35-64 yrs old
26%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • PGA/LPGAPGA/LPGA
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Chico'sChico's
  • Stein MartStein Mart
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Bonefish GrillBonefish Grill
  • ChipotleChipotle

What do the neighbors drive?

  • OldsmobileOldsmobile
  • LincolnLincoln
  • MazdaMazda

What do the neighbors listen to?

  • NewsNews
  • ClassicalClassical
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 316 Cherry St Apt 25

The listing price of 316 Cherry St Apt 25 property is $270,000.

The property 316 Cherry St Apt 25 is a condo located in Panama City, Florida, 32401.

Active Listing: 316 Cherry St Apt 25 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 316 Cherry St Apt 25 are: Merriam Cherry Street Elementary School (GreatSchools Rating 4/10), Palm Bay Elementary School (GreatSchools Rating 4/10), St. Andrew School at Oakland Terrace (GreatSchools Rating 1/10), Jinks Middle School (GreatSchools Rating 2/10), University Academy Sabl Inc (GreatSchools Rating 10/10), Bay Haven Charter Middle School (GreatSchools Rating 6/10), Rosenwald High School (GreatSchools Rating 1/10), Bay High School (GreatSchools Rating 5/10), Palm Bay Preparatory Academy 6-12 (GreatSchools Rating 7/10).

According to the records, the last property tax for 2023 is $3,532 (source: MLS/based on county public records data).

The last sale was on May 6, 2022 for $229,000 (source: MLS/tax record).

The property at 316 Cherry St Apt 25 has 2 bedrooms and 2 bathrooms.

The property 316 Cherry St Apt 25 is 860 SqFt (source: MLS/tax record).

The year of construction for 316 Cherry St Apt 25 is 1982.

This home is located at 316 Cherry St Apt 25 in Panama City, FL and zip code 32401 in the Bunkers Cove neighborhood. This 860 square foot home was built in 1982. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 14, 2025 and is currently priced at $270,000.

While more than 26 listings in Panama City, FL in June 2025 were sold above asking price, there were more than 47 listings sold at asking price, and more than 144 were sold below. The number of listings in Panama City, FL decreased by 2.4% between May and June 2025. While the average time on the market in June 2025 was 78 days, the median list price was $330,871.

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

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