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James Richardson

james@soldemeraldcoast.com +1(850) 842-0814

$ 419,000

Est. payment -/mo

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Active

5616 Pinetree AVE Panama City Beach, FL 32408

3 Beds

2 Baths

1,023 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,023 sqft

Price per Sqft $409

Subdivision Biltmore Beach

MLS Listing ID 1007459

Style Beach House

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1956

Annual Tax Amount $4,777

Tax Year 2025

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 190x82x137x60

Property Sub-Type Detached Single Family

Source Emerald Coast Association of REALTORS®

Land Area 1023

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

Location

State FL

County Bay

Area 27 - Bay County

Zoning Resid Single Family

Direction From Thomas Dr heading west, turn right onto Biltmore Beach then left onto Pinetree Ave. Home on right.

Rooms

Kitchen true

Interior

Cooling Central Air

Exterior

Utilities Available Electric, Public Water

Garage No

Building

Faces From Thomas Dr heading west, turn right onto Biltmore Beach then left onto Pinetree Ave. Home on right.

Story 1

Sewer Septic Tank

Architectural Style Beach House

New Construction No

Schools

Elementary Schools Patronis

Middle Schools Surfside

High Schools Arnold

Others

Pets Allowed No

Tax ID 31942-000-000

Listed by Courtney Pantalena Coldwell Banker Realty