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5616 Pinetree Avenue
Panama City, FL 32408

$439,000 - Status: Active
Bed Icon Beds: 3
Bath Icon Baths: 2 full
Sq Feet Icon SQFT (H&C): 1,023
MLS Icon MLS# 787034

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. 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

Property Features

MLS#: 787034
Zip: 32408
Subdivision: Biltmore Beach
Development: 0323 - Beach - South Of Grand Lagoon
Property Type: Residential - Single Family
Cooling: Central Air
Days on Site: 14
Heating: Central
Home Style: Coastal
Lot Size: 0.18 acres
Taxes: $4,777
Year Built: 1956
SQFT (H&C): 1,023

Feature Descriptions

Appliances: Washer/Dryer Stacked, Electric Oven
Community Features: Short Term Rental Allowed
Fencing: Privacy
Laundry: Stacked
Lot Description: Paved
Lot Dimensions: 190x82x137x60
Parcel#: 31942-000-000
Parking: Additional Parking
Parking Notes: Additional Parking
Utilities: Cable Connected

Room Sizes

Living Room: 14.9 X 10.5 Level - First
Bedroom: 12.5 X 10.8 Level - First
Bedroom: 14.2 X 12 Level - First
Bedroom: 12.6 X 9.7 Level - First
Kitchen: 14.9 X 11.9 Level - First

Local Schools

High School: Arnold
Middle School: Surfside
Elementary School: Patronis

5616 Pinetree Avenue | MLS# 787034

This single family home located at 5616 Pinetree Avenue , Panama City, FL 32408 is currently listed for sale with an asking price of $439,000. This property was built in 1956 and has 3 bedrooms and 2 full baths with 1023 sq. ft. Pinetree Avenue is located in the Biltmore Beach subdivision. Search Biltmore Beach real estate on www.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty

Shown By

Agency Title: Beachy Beach Real Estate
Agency Phone: 850-233-4351

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