BEDS3
BATHS2 full
SQUARE FEET1,023
MLS#787034
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONBiltmore Beach
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. 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 Features
Property Type: Residential - Single Family
Cooling: Central Air
Heating: Central
Home Style: Coastal
Lot Size: 0.18 Acres
Taxes: $4,777
Year Built: 1956
Feature Descriptions
Appliances: Washer/Dryer Stacked, Electric Oven
Community Features: Short Term Rental Allowed
Days on Site: 28
Fencing: Privacy
Laundry: Stacked
Lot: Paved
Lot Dimensions: 190x82x137x60
Parcel#: 31942-000-000
Parking: Additional Parking
Parking Notes: Additional Parking
Utilities: Cable Connected
Room Sizes
Living Room: 14.9 X 10.5 Level - First
Bedroom: 12.5 X 10.8 Level - First
Bedroom: 14.2 X 12 Level - First
Bedroom: 12.6 X 9.7 Level - First
Kitchen: 14.9 X 11.9 Level - First
Local Schools
High School: Arnold
Middle School: Surfside
Elementary School: Patronis
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Realty
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 1,503.15 per month $977.02 Principal & Interest $398.08 Property Tax $128.04 Homeowner's InsuranceChange Payment Information
5616 Pinetree Avenue | MLS# 787034
This single family home located at 5616 Pinetree Avenue , Panama City, FL 32408 is currently listed for sale with an asking price of $439,000. This property was built in 1956 and has 3 bedrooms and 2 full baths with 1023 sq. ft. Pinetree Avenue is located in the Biltmore Beach subdivision. Search Biltmore Beach real estate on www.realtymarkllc.com today.