5616 Pinetree Avenue, Panama City, FL 32408 (MLS# 787034)

5616 Pinetree Avenue, Panama City, FL 32408

$419,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,023 Lot Size (sq. ft.): 8,059 Status: Active

Current Price: $419,000 List Date: 3/19/2026 Last Modified: 6/15/2026

Overview

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 provi … (Read more)

Listing Details MLS# 787034

Contract Info

List Price/SqFt: 409.58

Location

Area: 03 – Bay County – Beach
Street #: 5616
Street Name: Pinetree
Street Suffix: Avenue
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0323 – Beach – South of Grand Lagoon
Subdivision: Biltmore Beach
Community/Resort: None
Waterfront: No
Parcel ID: 31942-000-000
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: From Thomas Dr heading west, turn right onto Biltmore Beach then left onto Pinetree Ave. Home on right.
Legal Description: BILTMORE BEACH LOT 10 BLK Q ORB 4645 P 2061 MAP 70B1

General Property Info

Sub-Type: Detached Single Family
Design: Beach House
Apx SqFt(Htd/Cooled): 1023
SqFt Source: Owner Measured
Full Baths: 2
Total Baths: 2
Year Built: 1956
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Lot Dimensions: 190x82x137x60
Acreage: 0.18
Lot Size (SqFt): 8059
Pool: No

Listing Info, Tax and Legal

HOA Fee: No
New Buyer Fee: No
Last Taxes: 4777
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes

Remarks & Misc

Remarks: 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

Appliances

Dishwasher: Yes
Microwave: Yes
Oven – Electric: Yes
Refrigerator: Yes
Washer/Dryer Stacked: Yes

More Information

Exterior

Fenced Privacy: Yes

Financing

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Furnished

Furnished: Yes

Kitchen

First: Yes

Living Room

First: Yes

Lot Access

Paved Road: Yes

Parking Features

Additional Parking: Yes

Rooms

Bedroom: Yes
Kitchen: Yes
Living Room: Yes

Showing

ShowingTime: Yes

Utilities

TV Cable: Yes
Electricity – Connected: Yes
Garbage: Yes
Public Water – Connected: Yes
Septic Tank: Yes

Sale Type

As Is: Yes

Bedroom

First: Yes

Cooling

Central Air: Yes

Heating

Central: Yes

Property Features

Appliances: Dishwasher; Microwave; Oven – Electric; Refrigerator; Washer/Dryer Stacked Bedroom: First Cooling: Central Air Heating: Central Exterior: Fenced Privacy Financing: Cash; Conventional; FHA; VA Furnished: Furnished Kitchen: First Living Room: First Lot Access: Paved Road Parking Features: Additional Parking Rooms: Bedroom; Kitchen; Living Room Sale Type: As Is Showing: ShowingTime Utilities: TV Cable; Electricity – Connected; Garbage; Public Water – Connected; Septic Tank

Room Information

Room Name	Level	Dimensions	Length	Width	Remarks
Living Room	First	14.9 x 10.5	14.90	10.50	Buyer to Verify
Kitchen	First	14.9 x 11.9	14.90	11.90	Buyer to Verify
Bedroom	First	12.6 x 9.7	12.60	9.70	Buyer to Verify
Bedroom	First	14.2 x 12	14.20	12.00	Buyer to Verify
Bedroom	First	12.5 x 10.8	12.50	10.80	Buyer to Verify

Listing Office: Coldwell Banker Realty

Last Updated: June – 15 – 2026

Information deemed reliable but not guaranteed.