$350,000

1409 Cherry St Panama City, FL 32401

South Panama City Neighborhood

Estimated payment $2,046/month

Total Views 205
4 Beds
2 Baths
1,576 Sq Ft
$222 Price per Sq Ft

Highlights

  • Popular Property
  • Deck
  • No HOA
  • RV Access or Parking
  • Traditional Architecture
  • 5-minute walk to Cove Lane Park

About This Home

Updated, move in ready, and located in the heart of The Cove, this 4 bedroom, 2 bathroom home delivers the lifestyle buyers are chasing. Set on a spacious lot, the home features brand new white cabinetry, stone countertops, and fully remodeled kitchen and bathrooms with a clean, modern finish. Enjoy golf cart friendly living with easy access throughout The Cove and into Downtown Panama City, including the Panama City Marina and public boat ramp, waterfront dining, and local events. This location offers the perfect blend of neighborhood charm and coastal convenience. The property also qualifies for 100 percent financing for buyers who meet program requirements. Contact your agent today for additional details and to schedule a private showing.

Listing Agent

Paul Gibney

Corcoran Reverie License #SL3315203 Listed on: 02/01/2026

Corcoran Reverie

Co-Listing Agent

Andrei Curuci

Corcoran Reverie License #SL3641899

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,717

Year Built

  • Built in 1949

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 137 x 75
  • Fenced

Home Design

  • Traditional Architecture
  • HardiePlank Type

Interior Spaces

  • Double Pane Windows
  • Living Room
  • Dining Room
  • Electric Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Covered Space
  • RV Access or Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Cherry Street Elementary School
  • Jinks Middle School
  • Bay High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Cove Terrace Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,717

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1949
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.23
  • Lot Size: 137 x 75
  • Road Frontage Type: City Street
  • Co List Office Mls Id: HNR1
  • Co List Office Phone: 850-231-5030
  • Subdivision Name: Cove Terrace
  • Architectural Style: Traditional
  • New Construction: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Luxury Vinyl Plank
  • Dining Room Type: Bedroom, Dining Room, Full Bath, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: Fenced
  • Construction Type: HardiPlank Type
  • Exterior Features: Deck
  • Patio And Porch Features: Deck, Covered, Porch

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Parking Features: RV Access/Parking
  • Garage: No
  • Attached Garage: No

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Association: No

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 10019.0
  • Mobile Dim Units: Feet
  • Zoning Description: Resid Single Family

Multi Family

  • Number Of Units Furnished: None

Tax Info

  • Tax Annual Amount: 2717.0
  • Tax Year: 2025

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,563 $153,035 $50,760 $102,275
2024 $2,383 $141,698 -- --
2023 $2,383 $130,112 $45,576 $84,536
2022 $2,085 $117,105 $40,320 $76,785
2021 $2,049 $112,919 $39,168 $73,751
2020 $1,979 $106,735 $38,520 $68,215
2019 $1,710 $105,822 $37,080 $68,742
2018 $1,605 $105,990 $0 $0
2017 $1,586 $105,797 $0 $0
2016 $1,620 $105,604 $0 $0
2015 $1,628 $103,259 $0 $0
2014 $1,613 $103,139 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2026 02/01/26 For Sale $350,000 -- $222 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $60,000 None Available
Warranty Deed $86,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $65,975 FHA
Source: Public Records

Source: Central Panhandle Association of REALTORS®

MLS Number: 784491

Central Panhandle Association of REALTORS®

APN: 21794-000-000

Florida Bay County Panama City 32401 South Panama City

1409 Cherry St, Panama City, FL

For Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Nearby Homes
Paul Gibney
Listing Agent
Paul Gibney
Section Image
Corcoran Reverie
(448) 333-1658