509 Pinetree Drive A & B, Panama City Beach, FL 32413

New Listing
$279,997
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,228 Lot Size (sq. ft.): 10,454 Status: Active
Current Price: $279,997 List Date: 9/30/2026 Last Modified: 9/30/2026

Overview

Description

INVESTOR'S DREAM on the highly desirable west end of Panama City Beach! This unique property offers TWO separate units on a double lot, creating multiple opportunities for the savvy investor. Utilize the existing units as short-term vacation rentals, generate steady income with long-term rentals, or explore the potential to finish the downstairs garage area to create additional usable space and increase the property's income potential. Looking for a larger redevelopment opportunity? Take advantage of the double lot and explore the possibility of removing the existing structures and building brand-new construction. With its west-end location near 30A and the beaches, this property offers flexibility that's increasingly hard to find in Panama City Beach. Whether you're looking for STR potential, long-term rental income, a value-add project, or a future new-build opportunity, 509 Pinetree Drive gives you multiple ways to make the property work for your investment strategy. Bring you …

Listing Details MLS# 796030

Contract Info

List Price/SqFt
125.67

Location

Area
03 – Bay County – Beach
Street #
509
Street Name
Pinetree
Street Suffix
Drive
Unit #
A & B
State
FL
Zip Code
32413
County
Bay
Sub Area
0325 – Beach – West South
Subdivision
Inlet Beach Heights
Community/Resort
None
Waterfront
No
Parcel ID
36408-000-000
Elementary School
West Bay
Middle School
Surfside
High School
Arnold
Directions
**Directions:** From Panama City Beach Pkwy (US-98), turn north onto Pinetree Drive. Continue on Pinetree Drive to 509 Pinetree Drive. Property will be on the left.
Legal Description
INLET BEACH HEIGHTS MAP 6A1 LOTS 441 & 442 ORB 1376 P 975 ORB 1398 P 1910 ORB 1947 P 232 ORB 2434 P 426

General Property Info

Sub-Type
Duplex Multi-Units
Design
Duplex
Apx SqFt(Htd/Cooled)
2228
SqFt Source
Prop App Site
Full Baths
3
Total Baths
3
Accessory Dwelling Unit
No
Year Built
1993
Construction Status
Construction Complete
New Construction
No
Garage Y/N
Yes
Garage Spaces
2
Lot Dimensions
100.0 ft x 105.0 ft
Acreage
0.24
Lot Size (SqFt)
10454
Pool
No

Listing Info, Tax and Legal

HOA Fee
No
New Buyer Fee
No
Last Taxes
4671.75
Last Tax Year
2025
Brokerage Interest
Equitable Interest – Listing Broker/Salesperson has equitable interest in the property.

Remarks & Misc

Remarks
INVESTOR'S DREAM on the highly desirable west end of Panama City Beach! This unique property offers TWO separate units on a double lot, creating multiple opportunities for the savvy investor. Utilize the existing units as short-term vacation rentals, generate steady income with long-term rentals, or explore the potential to finish the downstairs garage area to create additional usable space and increase the property's income potential. Looking for a larger redevelopment opportunity? Take advantage of the double lot and explore the possibility of removing the existing structures and building brand-new construction. With its west-end location near 30A and the beaches, this property offers flexibility that's increasingly hard to find in Panama City Beach. Whether you're looking for STR potential, long-term rental income, a value-add project, or a future new-build opportunity, 509 Pinetree Drive gives you multiple ways to make the property work for your investment strategy. Bring your vision and take advantage of this rare west-end opportunity!

Construction/Siding

Roof – Asphalt
Yes

More Information

Furnished

Unfurnished
Yes

Lot Access

City Street
Yes

Rooms

Bedroom
Yes

Utilities

Electricity – Connected
Yes
Public Water – Connected
Yes
Septic Tank
Yes

Bedroom

First
Yes

Property Features

Bedroom: First Furnished: Unfurnished Lot Access: City Street Rooms: Bedroom Utilities: Electricity – Connected; Public Water – Connected; Septic Tank

Room Information

Room Name Level Dimensions Length Width
Bedroom First 10 x 10 10.00 10.00
Bedroom First 10 x 10 10.00 10.00
Bedroom First 10 x 10 10.00 10.00
Listing Office: Salty Marlin Realty LLC
Last Updated: September – 30 – 2026
Information deemed reliable but not guaranteed.