Features & Amenities

Interior

  • Total Bedrooms

    3

  • Bathrooms

    3

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Parking Lot

  • Patio and Porch Features

    Covered, Porch

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Paved

  • Property Type

    Residential

  • Property Sub Type

    Triplex

Price

  • Sales Price

    $280,000

  • Tax Amount

    $2,404

  • Sq. Footage

    1, 581

  • Price/SqFt

    $177

HOA

  • Association

    No

School District

  • Elementary School

    Callaway

  • Middle School

    Rutherford Middle

  • High School

    Rutherford

Property Features

  • Stories

    1

  • New Construction

    NO

  • Foundation Details

    Slab

  • Sewer

    Public Sewer

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Location

County

Bay

Elementary School

Callaway

Middle School

Rutherford Middle

High School

Rutherford

Listing Courtesy of Amy L Killian , Beachy Beach Real Estate

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'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.

6521 Chipewa Street A, B, C

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