5616 Pinetree Avenue, Panama City, FL 32408
Local realty services provided by:Better Homes and Gardens Real Estate Historic
5616 Pinetree Avenue,Panama City, FL 32408
$419,000
- 3 Beds
- 2 Baths
- 1,023 sq. ft.
- Single family
- Active
Listed by: courtney pantalena
Office: coldwell banker realty
MLS#:787034
Source:FL_BCMLS
Price summary
- Price:$419,000
- Price per sq. ft.:$409.58
About this home
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...
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Home facts
- Year built:1956
- Subdivision & Development:Biltmore Beach
- Listing ID #:787034
- Added:1380 day(s) ago
- Updated:November 09, 2026 at 03:48 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:5
- Kitchen Description:Electric Oven
- Living area:1,023 sq. ft.
Heating and cooling
- Cooling:CentralAir
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1956
- Building area:1,023 sq. ft.
- Lot area:0.18 Acres
- Architectural Style:Coastal
Schools
- High school:Arnold
- Middle school:Surfside
- Elementary school:Patronis
Finances and disclosures
- Price:$419,000
- Price per sq. ft.:$409.58
- Tax amount:$4,777 (2025)
Features and amenities
- Laundry features:Washer Dryer Stacked
- Amenities:ElectricOven, WasherDryerStacked
Parking
- Parking description:Additional Parking
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