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6521 Chipewa Street A, B, C, Panama City, FL 32404
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6521 Chipewa Street A, B, C
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Priced at Only: $280,000
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Address: 6521 Chipewa Street A, B, C, Panama City, FL 32404
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  • MLS#: 788557 ( Residential )
  • Street Address: 6521 Chipewa Street A, B, C
  • Viewed: 4
  • Price: $280,000
  • Price sqft: $177
  • Waterfront: No
  • Year Built: 1977
  • Bldg sqft: 1581
  • Bedrooms: 3
  • Total Baths: 3
  • Full Baths: 3
  • Days On Market: 2
  • Additional Information
  • Geolocation: 30.1447 / -85.5778
  • County: BAY
  • City: Panama City
  • Zipcode: 32404
  • Subdivision: Callaway
  • Elementary School: Callaway
  • Middle School: Rutherford
  • High School: Rutherford
  • Provided by: Beachy Beach Real Estate
  • DMCA Notice
  • 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.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
  • Roof: Metal
Land Information
  • Lot Features: Paved
School Information
  • High School: Rutherford
  • Middle School: Rutherford Middle
  • School Elementary: Callaway
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: ParkingLot
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir
  • Heating: Central
  • Sewer: PublicSewer
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2025
  • Trash Expense: 0.00
Other Features
  • Appliances: ElectricRange, ElectricWaterHeater
  • Legal Description: CALLAWAY PLAT 132B1 LOTS 23 & 24 BLK 27 ORB 4415 P 2185
  • Levels: One
  • Area Major: 02 - Bay County - Central
  • Occupant Type: Occupied
  • Parcel Number: 06837-040-000
  • The Range: 0.00
  • Unit Number: A, B, C
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Headshot for Associate Marian Casteel
  1. Marian Casteel, BrkrAssc,REALTOR ®
  2. Tropic Shores Realty
  3. CLIENT FOCUSED! RESULTS DRIVEN! SERVICE YOU CAN COUNT ON!
  4. Mobile: 352.601.6367
  5. 352.601.6367
  6. mariancasteel@yahoo.com