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6521 Chipewa Street , Unit A, B, C
Panama City, FL 32404

$280,000 - Status: Active
Bed Icon Beds: 3
Bath Icon Baths: 3 full
Sq Feet Icon SQFT (H&C): 1,581
MLS Icon MLS# 788557

This well-maintained triplex presents a compelling investment opportunity in Panama City, FL, just 12 minutes from Tyndall Air Force Base and approximately 15 minutes to downtown Panama City. The property features three well-designed units, each offering functional layouts and comfortable living spaces that continue to support strong rental demand in the area. With current income generation already in place, end units are producing $900 and middle unit is producing $875 per month, delivering immediate cash flow from day one. This established performance provides investors with a stable, income-producing asset in a market that continues to show resilience and growth. Strategically positioned near key employment centers, including Tyndall AFB and downtown Panama City, the property benefits from it's solid construction and proven rental history making it an ideal addition for investors seeking both dependable cash flow and long-term appreciation. Whether expanding an existing portfolio or entering the multifamily space, this triplex offers a rare combination of current income, strategic location, and future upside in one of Northwest Florida's steadily growing markets.

Property Features

MLS#: 788557
Zip: 32404
Subdivision: Callaway
Development: 0202 - Bay - Central Se
Property Type: Multi Unit - Multiple
Number of Units: 3
Cooling: Central Air
Heating: Central
Lot Size:
Roof Type: Metal
Stories: 1.0
Taxes: $2,404
Year Built: 1977
SQFT (H&C): 1,581

Feature Descriptions

Appliances: Electric Range, Electric Water Heater
Exterior: Brick
Lot Description: Paved
Lot Dimensions: 75 x 172
Parcel#: 06837-040-000
Parking: Parking Lot
Parking Notes: Parking Lot
Patio/Porch: Covered, Porch
Sewer: Public Sewer
Units: 3

Room Sizes

Kitchen: 10 X 9 Level - First
Living Room: 13 X 14 Level - First
Bedroom: 12 X 11 Level - First

Local Schools

High School: Rutherford
Middle School: Rutherford Middle
Elementary School: Callaway

6521 Chipewa Street , Unit A, B, C | MLS# 788557

This multi-family property located at 6521 Chipewa Street , Unit A, B, C, Panama City, FL 32404 is currently listed for sale by Beachy Beach Real Estate, with an asking price of $280,000. Search Panama City real estate on www.beachybeach.com today.

Listed By / Shown By

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Listed By

Agency Name: Beachy Beach Real Estate
Agency Phone: (850) 381-5249
Agent Name: Amy Killian


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Co-Listed By

Agency Name: Beachy Beach Real Estate
Agent Name: Katelyn "Katie" Dimond
Agency Phone: (404) 338-0822

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