316 Cherry ST #33 Panama City, FL 32401
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 860 sqft
Price per Sqft $255
Subdivision Bay Club Condo Ph 2
MLS Listing ID 787549
Style Low Rise
Bedrooms 2
Full Baths 2
HOA Fees $529/mo
HOA Y/N Yes
Year Built 1982
Annual Tax Amount $2,166
Tax Year 2025
Property Sub-Type Condominium
Property Description
Bring all reasonable offers! A great opportunity to own in a waterfront community with rental income already in place!
Currently tenant-occupied with a long-term lease through June 2027, generating $1,600 (UNFURNISHED) per month in rental income! Excellent tenants are already in place, making this an attractive opportunity for investors looking for an income-producing property without the immediate hassle of finding renters.
Inside, you'll find a bright, comfortable living with an inviting layout. Condo is freshly painted, with newer flooring, brand new balcony and sliding doors. Outside, Bay Club offers a peaceful waterfront setting surrounded by mature oak trees, an updated community pool, and beautiful St. Andrews Bay views. Boating enthusiasts will appreciate the community dock with approximately 10 feet of water depth--bring your boat and enjoy easy access to St. Andrews Bay! Enjoy fishing, coastal breezes, and unforgettable sunsets just steps from your door.
Conveniently located near historic St. Andrews, downtown Panama City, waterfront parks, restaurants, and local shops.
Seller welcomes reasonable offers. Schedule your showing today!
Location
State FL
County Bay
Community Beach, Dock, Elevator, Pool, Waterfront, Community Pool
Area 02 - Bay County - Central
Interior
Interior Features Main Level Primary, Tub Shower, Walk-In Closet(s)
Heating Central, Electric
Cooling Central Air
Fireplace No
Appliance Washer/Dryer Stacked, Electric Oven, Electric Range, Electric Water Heater
Laundry Stacked
Exterior
Exterior Feature Dock
Parking Features Additional Parking
Pool Fenced, Gunite, In Ground, Community
Community Features Beach, Dock, Elevator, Pool, Waterfront, Community Pool
Utilities Available Electricity Available
Amenities Available Beach Rights
Waterfront Description Bayfront,Shoreline - Sand
View Y/N Yes
Water Access Desc Bayfront,Shoreline - Sand
View Bay
Porch Balcony
Private Pool No
Building
Lot Description Paved
Foundation Slab
Sewer Public Sewer
Architectural Style Low Rise
New Construction No
Schools
Elementary Schools Cherry Street
Middle Schools Jinks
High Schools Bay
Others
HOA Fee Include Association Management,Legal/Accounting,Maintenance Grounds,Maintenance Structure,Pest Control,Pool(s),Sewer,Trash,Water
Restrictions No Short Term Rentals
Tax ID 25679-114-000
Special Listing Condition Listed As-Is