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Sold for $285,000
  • $285,000

    6521 Chipewa St #A-b, Panama City, FL 32404

    3beds
    1,581sqft
    Triplex, Multi Family
    Built in 1977
    -- sqft lot
    $284,000 Zestimate®
    $180/sqft
    $1,485 Estimated rent

    Home value

    $284,000

    $267,000 - $301,000

    $1,485/mo

    Zestimate® history
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    What's special

    '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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Amy L Killian 850-381-5249,

    Beachy Beach Real Estate,

    Katelyn Dimond 404-338-0822,

    Beachy Beach Real Estate

    Bought with:

    Non Member

    NON-MEMBER OFFICE

    Source: CPAR,MLS#: 788557MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Bedroom, Kitchen, Living Room
    Bedroom
    • Description: Buyer to verify
    • Level: First
    • Dimensions: 12 x 11
    Kitchen
    • Description: Buyer to verify
    • Level: First
    • Dimensions: 10 x 9
    Living room
    • Description: Buyer to verify
    • Level: First
    • Dimensions: 13 x 14
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Electric Range, Electric Water Heater
    Interior area
    • Total structure area: 1,581
    • Total interior livable area: 1,581 sqft

    Property

    Parking
    • Parking features: Parking Lot
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Porch
    Lot
    • Size: 0.3 Acres
    • Dimensions: 75 x 172
    • Features: Paved
    Details
    • Parcel number: 06837040000
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Multi Family
    • Attached to another structure: Yes
    Materials
    • Brick
    • Foundation: Slab
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1977

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Community
    • Subdivision: Callaway
    HOA
    • Has HOA: No
    Location
    • Region: Panama City

    Financial & listing details

    • Price per square foot: $180/sqft
    • Tax assessed value: $162,654
    • Annual tax amount: $2,404
    • Date on market: 4/18/2026
    • Cumulative days on market: 4 days

    Price history

    DateEventPrice
    5/22/2026Sold$285,000+1.8%$180/sqft
    Source: CPAR #788557 Report a problem
    4/23/2026Pending sale$280,000$177/sqft
    Source: CPAR #788557 Report a problem
    4/18/2026Listed for sale$280,000+47.4%$177/sqft
    Source: CPAR #788557 Report a problem
    11/20/2023Sold$190,000-24%$120/sqft
    Source: CPAR #744012 Report a problem
    11/4/2023Pending sale$250,000$158/sqft
    Source: CPAR #744012 Report a problem
    10/26/2023Price change$250,000-5.7%$158/sqft
    Source: CPAR #744012 Report a problem
    10/11/2023Listed for sale$265,000$168/sqft
    Source: CPAR #744012 Report a problem
    8/14/2023Listing removed--
    Source: CPAR #744012 Report a problem
    7/31/2023Listed for sale$265,000$168/sqft
    Source: CPAR #744012 Report a problem
    7/19/2023Pending sale$265,000$168/sqft
    Source: CPAR #744012 Report a problem
    7/15/2023Listed for sale$265,000+26.2%$168/sqft
    Source: CPAR #744012 Report a problem
    6/2/2021Sold$210,000-10.6%$133/sqft
    Source: CPAR #707671 Report a problem
    5/5/2021Pending sale$235,000$149/sqft
    Source: CPAR #707671 Report a problem
    3/17/2021Price change$235,000-6%$149/sqft
    Source: CPAR #707671 Report a problem
    2/10/2021Listed for sale$249,900$158/sqft
    Source: CPAR #707671 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,231 -22%$162,654 -18.1%
    2023$2,860 +22.6%$198,722 +10%
    2022$2,333 $180,656
    2021-- --
    2020$841 +0.1%$62,794
    2019$839 $62,794 -1.8%
    2018$839 +2.7%$63,941 -4.2%
    2017$817 -7.7%$66,754 -4.9%
    2016$885 -13.1%$70,167 -2.2%
    2015$1,019 $71,738 +10%
    2014$1,019 $65,216 -15.6%
    2013-- $77,227 +2.5%
    2012-- $75,366 +0.3%
    2011-- $75,136 -7.6%
    2010-- $81,348 -2.2%
    2009-- $83,150 -8.6%
    2008-- $90,952 -1.9%
    2007-- $92,754 +3%
    2006-- $90,018 +39%
    2005-- $64,745 +23.4%
    2004-- $52,484
    2003-- $52,484 +5%
    2002-- $49,961
    2001-- $49,961 +10.6%
    2000-- $45,169
    Find assessor info on the county website

    Neighborhood: 32404

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Callaway
    • Middle: Rutherford Middle
    • High: Rutherford

    Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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