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5616 Pinetree Avenue, Panama City, FL 32408
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5616 Pinetree Avenue
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Priced at Only: $439,000
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Address: 5616 Pinetree Avenue, Panama City, FL 32408
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  • MLS#: 787034 ( Residential )
  • Street Address: 5616 Pinetree Avenue
  • Viewed: 14
  • Price: $439,000
  • Price sqft: $429
  • Waterfront: No
  • Year Built: 1956
  • Bldg sqft: 1023
  • Bedrooms: 3
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 39
  • Additional Information
  • Geolocation: 30.1477 / -85.7566
  • County: BAY
  • City: Panama City
  • Zipcode: 32408
  • Subdivision: Biltmore Beach
  • Elementary School: Patronis
  • Middle School: Surfside
  • High School: Arnold
  • Provided by: Coldwell Banker Realty
  • DMCA Notice
  • 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. 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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Features
Building and Construction
  • Covered Spaces: 0.00
  • Fencing: Privacy
  • Living Area: 0.00
Land Information
  • Lot Features: Paved
School Information
  • High School: Arnold
  • Middle School: Surfside
  • School Elementary: Patronis
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: AdditionalParking
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir
  • Heating: Central
  • Utilities: CableConnected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2025
  • Trash Expense: 0.00
Other Features
  • Appliances: WasherDryerStacked, ElectricOven
  • Legal Description: BILTMORE BEACH LOT 10 BLK Q ORB 4645 P 2061 MAP 70B1
  • Area Major: 03 - Bay County - Beach
  • Occupant Type: Tenant
  • Parcel Number: 31942-000-000
  • Style: Coastal
  • The Range: 0.00
  • Views: 14
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Headshot for Associate Natalie Gorse
  1. Natalie Gorse, REALTOR ®
  2. Tropic Shores Realty
  3. Office: 352.684.7371
  4. Mobile: 352.584.7611
  5. Mobile: 352.799.3239
  6. nataliegorse352@gmail.com