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    Three-Unit Triplex with Separate Entrances
    Updated: Jul 8
    Three-Unit Triplex with Separate Entrances

    5612 Hilltop Avenue, Panama City Beach, FL 32408

    $699,000
    3,804 sqft
    Triplex with 8 bedrooms and 6 bathrooms across three units
    Apartment A: split‑level 4‑bed/2‑bath with updated kitchen (white cabinets, granite countertops, stainless steel appliances) plus converted two‑car garage bonus/flex space
    Apartment B: 2‑bed/2‑bath second‑floor unit with separate entrance
    Apartment C: third‑floor 2‑bed/2‑bath unit with its own entrance
    No HOA and an expansive lot with covered parking; room for RV, boat, or multiple vehicles
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    This listing looks promising.

    Here's a quick look at some key insights for

    5612 Hilltop Avenue, Panama City Beach, FL 32408

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    • Est. Cap Rate

      5.8%
      NOI ÷ price

    • Est. NOI

      $40K
      Annual

    • Price @ 7% Cap

      $578K
      Suggested

    • Property Type

      Single Family Residence
      Built 1986
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    Triplex and Duplex Turnkey Rental
    Updated: Apr 21, 2025
    Triplex and Duplex Turnkey Rental

    10609 Parkhill Circle, Panama City Beach, FL 32407

    $2,099,000
    6,856 sqft
    Built in 2020: triplex and duplex sold together as a multi‑unit rental package, fully furnished and fully equipped for immediate use.
    Triplex totals 9 bedrooms and 9 bathrooms across three units, with over 4,000 SF of thoughtfully planned space.
    Duplex totals 4 bedrooms and 6 bathrooms across two units, with about 2,800 SF of additional living space.
    Each unit includes private entrances and has been furnished with modern finishes and coordinated coastal styling.
    Metal roof, public sewer, fenced property; electric heating with ceiling fans and electric range and electric water heater.
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    Based on your search, we've compiled 2 Potential Opportunities for your consideration. Besides 2 Active listings in Bay County, FL, we suggest exploring several alternatives:

    Bay County, FL Triplexes Market Trends and Statistics

    Explore 2 triplexes for sale in Bay County, FL on our real estate platform. These investment opportunities span a total of 3,804 square feet of properties for sale, with an estimated market value of $699,000.

    Sale prices for three-family homes in Bay County, FL start at $699,000, averaging $699,000, and reaching up to $699,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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