33/316 Cherry Street

Panama City FL 32401

860 sq. ft.

Condo

Currently for sale - view listing

Overview

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!