2 Beds
2 Baths
860 sqft
$219,900
316 Cherry Street 33, Panama City FL, 32401
Price per sqft$255.70
Built in1982
Property size860 sqft
Property typeCondominium
Overview
Active
Listed Mar 28, 2026
Updated 14h ago
WATERFRONT INVESTMENT OPPORTUNITY | BAY CLUB AT ST. ANDREWS
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!
$1,463/mo
Est. mortgage payment based on a $219,900 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 787549
Interior Features
- Bedrooms
- 2
- Bathrooms
- 2
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Other Property Details
- Taxes
- $2,166
- Tax Frequency
- Annually
- Association Fee Frequency
- Monthly
- View
- Yes
- Pool
- Yes
- Waterfront
- Yes
Courtesy of Top Producers Real Estate Group, Ekaterina I Tomlinson,
Listing Contact: 850-238-6225
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Brian Clowdus shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
© 2026 Central Panhandle Association of REALTORS. All rights reserved.