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5616 Pinetree Avenue

Panama City, FL 32408
  • $419,000
  • STATUS: Active
  • ON SITE: 203 Days
  • MLS #: 787034
$419,000
  • 3
    BEDS
  • 0.18
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,023
    SQFT
  • $410
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1956
County:
Bay

School Information

Elementary School:
Middle School:
High School:

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

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© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rev Realty. Data last updated: 2026-10-09T00:03:57.873.
www.revrealtyflorida.com/homes/174259951
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5616 Pinetree Avenue Panama City, FL 32408

  • Price: $419,000
  • Status: Active
  • On Site: 203 Days
  • MLS #: 787034
3
Beds
2
Baths
0
½ Baths
0.18
Acres
1,023
SQFT
$410
$/SQFT
1956
Built
Neighborhood:
Biltmore Beach
County:
Bay
Area:
Bay County-Beach
Elementary School:
Patronis
Middle School:
Surfside
High School:
Arnold
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
Exterior Features

Architectural Style Coastal Attached Garage YN No Fencing Privacy Garage YN No Lot Features Paved

Interior Features

Appliances Washer / Dryer Stacked Electric Oven Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes Laundry Features Stacked Parking Features Additional Parking Rooms Living Room (First Level) Bedroom (First Level) Bedroom (First Level) Bedroom (First Level) Kitchen (First Level) Units Furnished All Units

Property Features

Association YN No Community Features Short Term Rental Allowed Listing Service Full Service Lot Size Dimensions 190x82x137x60 New Construction YN No Occupant Type Tenant Property Sub Type Single Family Residence Property Sub Type Additional Single Family Residence Special Listing Conditions Listed As- Is Tax Annual Amount 4777 Tax Year 2025 Utilities Cable Connected Waterfront YN No

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Coldwell Banker Realty: 850-650-4563. Listing information © 2026 Central Panhandle Association of Realtors MLS.


© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rev Realty. Data last updated: 2026-10-09T00:03:57.873.
 
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