#970686, James M Griffitts, Listing Office: Think Real Estate
Property details
About 900 E Cherry St
PRIME REAL ESTATE AND READY 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. Large strategic corner location with handy multi-method property access and exposure that includes paved alley access across the rear. This highly visible location with steady consumer traffic offers a super site for commercial business/retail storefront, service industry and/or office space. Mostly a single family area, there are multi-family residential (condo or apartment complex type) properties in the immediate 'Cove' area. The Tax ID Parcel # above has an additional attached separate 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 the East (see attached sketch in documents). The total parcel being sold is L-Shaped and over (6/10ths) of an acre. This property was formerly a convenience store and gas station (Jr Foods store and EZ Serve) for numerous years. A copy of DEP remediation letter acknowledgement is in attached 'Documents'. More recently the former building has been used as an uniform company and ambulance company, building was damaged by Hurricane Michael (2018) - and that original building has since been removed. The property is currently vacant land with multiple concrete pads on site. The property has enhanced curb appeal with recently completed Cherry Street rehab and renovation (repaving/landscaping/widened walks). Current owner has limited first hand knowledge about prior site usage and has no specifics of prior environmental remediation. Seller encourages and will grant new buyer site access for any environmental audits or other inspections that may accompany any typical sales contract negotiations. The Cove is a popular and well populated mostly residential area - a properly positioned new retail, office, or service business should handsomely succeed at this prime Cove location. This property is in the heart of the Cove, with plenty of consumer traffic and visibility...a great location for a town centre type business location. CURRENT OWNER IS READY... AND SAYS SELL!
Highlights
Summary
- MLS Number: 756700
- MLS Name: BCAR
- Office Name: O'Keefe & Wainwright Inc
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Last updated on: 3/14/2025, 6:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$229,000
900 E Cherry St
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Price information
Property sales
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Tax history
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Nearby schools
4
Merriam Cherry Street Elementary School
Public District PK-5
0.2 mi
•1125 Cherry St
4
Palm Bay Elementary School
Public Charter KG-5
2.3 mi
•1104 Balboa Ave
1
Cedar Grove Elementary School
Public District PK-5
2.5 mi
•2826 E 15th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $78,385. The most common annual income of people living in Panama City, FL is between $35k-100k. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 900 E Cherry St
This home is located at 900 E Cherry St in Panama City, FL and zip code 32401 in the Bunkers Cove neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 6, 2024 and is currently priced at $229,000.
Over 5 listings were sold over their listed price in February 2025 in Panama City, FL. In the same period over 98 listings were sold below the listed price and 36 listings were sold for the listed price. The inventory of homes for sale in Panama City, FL between January and February 2025 increased by 6.1%. In February 2025, listings were on the market for 87 days. During the same period, the median list price in this real estate market was $337,016.