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5616 Pinetree Avenue, Panama City Beach, FL 32408

Panama City Beach, FL 32408
  • 3 Beds
  • 2 Baths
  • 1,023 Sq Ft
  • 1956 Built
  • MLS 1007459

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

Property details

Property typeDetached Single Family
StatusActive
Area27 - Bay County
SubdivisionBILTMORE BEACH
CityPanama City Beach
CountyBay
Zip32408
StyleBeach House
Taxes$4,777
Tax year2025

Interior

Total rooms5
Full baths2
Half baths0
CoolingCentral Air

Exterior & lot

Lot size0.18 acres
Lot dimensions190x82x137x60

Schools

ElementaryPatronis
MiddleSurfside
HighArnold

Community

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

Data source: Emerald Coast Association of REALTORS®

Location

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Team Turner (Counts Real Estate Group) can set up a private showing or send you full details.

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