BEDS3
BATHS3 full
SQUARE FEET1,581
MLS#788557
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCallaway
Property Description
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
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 75 x 172
Roof Type: Metal
Stories: 1.0
Taxes: $2,404
Year Built: 1977
Feature Descriptions
Appliances: Electric Range, Electric Water Heater
Exterior: Brick
Lot: 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
Listed By / Shown By
Listed By
Agency Name: Beachy Beach Real Estate
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 905.16 per month $623.16 Principal & Interest $200.33 Property Tax $81.67 Homeowner's InsuranceChange Payment Information
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 with an asking price of $280,000. Search Panama City real estate on www.realtymark.net today.