6521 Chipewa Street #A, B, C, Panama City, FL 32404
Local realty services provided by:ERA Neubauer Real Estate, Inc.
6521 Chipewa Street #A, B, C,Panama City, FL 32404
$280,000
- 3 Beds
- 3 Baths
- 1,581 sq. ft.
- Multi-family
- Pending
Listed by: amy l killian, katelyn dimond
Office: beachy beach real estate
MLS#:788557
Source:FL_BCMLS
Price summary
- Price:$280,000
- Price per sq. ft.:$177.1
About this home
'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' This was a multi-offer situation. Highest and best was called.
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....
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Home facts
- Year built:1977
- Listing ID #:788557
- Added:12 day(s) ago
- Updated:May 01, 2026 at 01:46 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:3
- Kitchen Description:Electric Range, Electric Water Heater
- Living area:1,581 sq. ft.
Heating and cooling
- Cooling:CentralAir
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:1977
- Building area:1,581 sq. ft.
- Construction Materials:Brick
- Exterior Features:Porch
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Rutherford
- Middle school:Rutherford Middle
- Elementary school:Callaway
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$280,000
- Price per sq. ft.:$177.1
- Tax amount:$2,404 (2025)
Features and amenities
- Amenities:ElectricRange, ElectricWaterHeater
Parking
- Parking description:Parking Lot
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