316 Cherry Street 33
Panama City, FL 32401
MLS# 787549
2 beds | 2 baths | 860 sqft
Property DescriptionWATERFRONT 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!
Floor Number: 2
Design: Low-Rise (1-3 floors)
Apx SqFt(Htd/Cooled): 860
Immediate Occupancy: Yes
Construction Status: Construction Complete
SqFt Source: Prop App Site
Accessory Dwelling Unit: No
Lot Dimensions: 0x0
New Construction: No
Garage Y/N: No
Pool: Yes
Pool Type: Community
Sub-Type: Condominium
Bedrooms: 2
Full Baths: 2
Total Baths: 2
List Price/SqFt: 255.7
Status: Active
List Date: 2026-03-28
List Price: $219,900
Unit #: 33
Sub Area: 0203 - Bay - Central SW
Community/Resort: None
Waterfront: Yes
Gulf Access: No
Elementary School: Cherry Street
Middle School: Jinks
High School: Bay
Directions: From US-98 (15th St) turn south onto Cherry St and continue for approximately 1 mile. The property will be on your right at 316 Cherry St.
Area: 02 - Bay County - Central
Street #: 316
Street Name: Cherry
Street Suffix: Street
State: FL
Zip Code: 32401
County: Bay
Subdivision: Bay Club Condo Ph 2
Parcel ID: 25679-114-000
Legal Description: BAY CLUB CONDO PHASE II APT 33 2BR 2B 860 H&C ORB 997 P 19 ORB 4415 P 599 .
HOA Fee: Yes
HOA Amount: 529
HOA Frequency: Monthly
HOA Annual Amount: 6348
New Buyer Fee: No
Last Taxes: 2166
Last Tax Year: 2025
Brokerage Interest: No Interest
Remarks: 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!
Fenced: 1
Gunite Concrete: 1
Microwave: 1
Oven - Electric: 1
Range - Electric: 1
Refrigerator: 1
Washer/Dryer Stacked: 1
Water Heater - Electric: 1
Floor - Laminate: 1
Floor - Tile: 1
Window - Treatment All: 1
Foundation - Slab on Grade: 1
Dumpster: 1
Ground Keeping: 1
Management: 1
Pest Control: 1
Pool: 1
Repairs/Maintenance: 1
City Street: 1
Paved Road: 1
Additional Parking: 1
Assigned: 1
Bedroom: 1
Primary Bedroom: 1
Garbage: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Central Air: 1
Electric: 1
MBath Shower/Tub Combo: 1
Appliances: Dishwasher; Disposal; Microwave; Oven - Electric; Range - Electric; Refrigerator; Washer/Dryer Stacked; Water Heater - Electric
Cooling: Central Air; Electric
Heating: Central; Electric
Association Fees Include: Accounting; Beach; Dumpster; Ground Keeping; Repairs/Maintenance; Management; Pest Control; Pool; Sewer; Water
Financing: Cash; Conventional
Lot Access: City Street; Paved Road
Pool Features: Fenced; Gunite Concrete; Inground
Parking Features: Additional Parking; Assigned
Association Amenities: Beach; Dock; Dumpster; Elevators; Pool; Waterfront
Rooms: Bedroom; Primary Bedroom
Utilities: Garbage; Public Sewer - Connected; Public Water - Connected
Waterfront Type: Bay/Harbor
Waterfront Feature: Dock; Shore - Beach
| Room Name | Level | Dimensions | Length | Width |
| Primary Bedroom | First | 10 x 14 | 10.00 | 14.00 |
| Bedroom | First | 14 x 10 | 14.00 | 10.00 |
Listing Office: Top Producers Real Estate Group
Last Updated: October - 23 - 2026
Information deemed reliable but not guaranteed.