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 PROPERTY 6521 Chipewa Street A, B, C, Panama City, FL 32404, MLS#788557 - Residential
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Hardeep Kumar Yh

HR Moon Homes
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  4. 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

Address: 6521 Chipewa Street A, B, C, Panama City, FL 32404

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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  • 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

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
Nearby Subdivisions
[no Recorded Subdiv]   Avondale Estates   Barrett's Park   Baxter Subdivision   Bay County Estates Unit 1   Bay Front Unit 6   Bayou Estates   Bayou Oaks North   Black Oak Ridge   Brentwoods Phase Iii   Bridge Harbor   Brighton Oaks   Bylsma Manor Estates   C A Taylor's 2nd Addition Cala   Callaway   Callaway Bayou Est   Callaway Bayou Estates Unit 2   Callaway Chase   Callaway Corners   Callaway Homes   Callaway Point   Callaway Shores U-1   Callaway Southeast   Cedar Park Ph I   Cherokee Heights   Cherokee Heights Phase Iii   Cherry Grove Townhomes   Cherry Hill Unit 1   Cherry Hill Unit 3   College Station Phase 1   College Station Phase 2   College Station Phase 3   Colonial Est.   Creek Hollow Estates Unit   Deer Point Cove   Deerpoint Estates   East Bay Park   East Bay Park 2nd Add   East Bay Point   East Bay Preserve   Florida Hwy Estates N   Forest Shores   Fox Place Estates   Game Farm   Gilbert Lake Est. U-1   Gilbert-pkr Add-pt Don   Grimes Callaway Bayou Est U-2   Grimes Callaway Bayou Est U-6   Harvey Heights   Hickory Park   Highpoint   Hiland Hills   Imperial Oaks U-2   Kendrick Manor   Laird Point   Lake Drive Heights   Lakeview Heights   Lakewood Manor U-1 Rep   Lannie Rowe Lake Estates U-7   Lannie Rowe Lake Estates U-8   Lannie Rowe Lake Ests   Liberty   Lillian Carlisle Plat   Long Point Park 2nd Add   Maegan's Ridge   Magnolia Hills Phase Ii   Magnolia Ridge   Manors Of Magnolia Hills   Mars Hill   Martin Bayou Estates   Mill Bayou Estates   Mill Point   Morningside   No Named Subdivision   Oakmont   Olde Towne Village   Park Place Phase 1   Parkbrook   Parker   Parker Plat   Pine Wood Grove   Pine Woods Add.   Pine Woods Phase 2   Pinewood Grove Unit 2   Pitts 1st Addto Parker   Plantation Estates   Plantation Point   Rachels Landing   Riverside Phase Ii   Riverside Phase Iii   Sandy Creek   Sandy Creek & Country Club Pha   Sandy Creek Air Park   Sandy Creek Ranch And Country    Sentinel Point   Shadow Bay Unit 2   Shadow Bay Unit 5   Shadow Bay Unt 3 & 4   Springfield   St A B Dev Co   St And Bay Dev Co   Sunbay Townhouses   Sunrise At East Bay   Sweetwater Ph 6   Thousand Oaks   Tidewater Estates   Titus Park   Towne & Country Lake Estates   Tyndall Station   Village Of Mill Bayou/shorelin   W H Parker   Waters Edge   Wh Parker   Woodmere  
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