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$419,000

3 Beds 2 Baths 1,023 SQFT 0.18 Acres
Type: Single Family

5616 Pinetree Avenue
Panama City Beach, FL 32408

MLS#: 1007459
Jessica Morace
Jessica Morace
Brett/Robinson | Gulf Shores Orange Beach Real Estate
Realtor
Phone: 251.550.7355
Office: 251.981.6180
Presented by: Coldwell Banker Realty

Property Description

 

Fully renovated beach cottage and RENTAL MACHINE only .3 miles from the Gulf! This stunning 3-bedroom, 2-bath coastal home sits on a huge lot with no HOA in the heart of Lower Grand Lagoon, offering the kind of space that is nearly impossible to find this close to the water. Every inch of this cottage has been meticulously updated, including a 2020 metal roof, HVAC, Hardie Board siding, vinyl windows, septic system, PEX plumbing, and copper wiring. The coastal interior shines with granite countertops, white cabinets, stainless appliances, wood-look tile flooring, and updated fixtures throughout. All of the furnishings convey to the new buyer. Beyond the beautiful renovations, this property is a proven high-producing investment that has consistently delivered impressive results, generating $58,642 in 2023, $50,378 in 2024, and $45,591 in 2025. It is currently self-managed and the seller would be happy to share his process and vendors so a new buyer could continue. 2026 is on track with HUGE numbers! Over $41,500 already completed in Jan-July 2026! The massive yard provides plenty of room to add a private pool, while the oversized driveway offers an abundance of parking for a boat, jet skis, and golf cart. An amazing covered front porch offers the perfect hangout, while the private outdoor shower makes cleaning off the sand effortless after a day at the beach. This prime location puts you mere blocks from the community boat ramp and minutes from the area's best-loved dining spots like Schooners, Patches, and Finn's, offering guests the ultimate coastal lifestyle with world-class boating, fishing, and white sandy beaches just down the street. This property perfectly balances a relaxed coastal vibe with a proven track record of rental success. Schedule your showing today. A video tour is also available


 

Interior Features

Bathrooms

Total Baths2

Other Interior Features

Air Conditioning Y/NYes

General

Architectural StyleBeach House
Carport Y/NNo
CityPanama City Beach
CoolingCentral Air
CountyBay
DirectionsFrom Thomas Dr heading west, turn right onto Biltmore Beach then left onto Pinetree Ave. Home on right.
Elementary SchoolPatronis
High SchoolArnold
Lot Size Square Feet7,840 sqft
Lot Size UnitsAcres
MLS Area27 - Bay County
MLS Area Minor2723 - Beach - South of Grand Lagoon
Middle/Junior High SchoolSurfside
New ConstructionNo
Property ConditionConstruction Complete
Property SubtypeDetached Single Family
Property TypeResidential
SewerSeptic Tank
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameBILTMORE BEACH
Tax Year2025
Total Rooms5
UtilitiesElectric, Public Water
Year Built1956
ZoningResid Single Family

Exterior

Building Area Total1,023 sqft
Lot Dimensions190x82x137x60
Lot Size Acres0.18
Lot Size Area0 sqft
Total Parking0

Additional Details

Price History

Schools 

Elementary School Patronis Elementary School

  

Similar Properties

$419,000

3 Beds 2 Baths 1,023 SQFT 0.18 Acres
Type: Single Family

5616 Pinetree Avenue
Panama City Beach, FL 32408

MLS#: 1007459
Jessica Morace
Jessica Morace
Brett/Robinson | Gulf Shores Orange Beach Real Estate
Realtor
Phone: 251.550.7355
Office: 251.981.6180