6118 Pinetree AVE Panama City, FL 32408
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,280 sqft
Price per Sqft $317
Subdivision Biltmore Beach
MLS Listing ID 785045
Style Bungalow
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1985
Annual Tax Amount $4,462
Tax Year 2025
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type Single Family Residence
Property Description
This completely renovated 5 bedroom plus 2 bunkroom, tri-level property with lockout capability is a rare income-producing opportunity just four short blocks straight back from Beach Access 12. Whether rented as three separate units or one large retreat, this setup is built for maximum flexibility, occupancy, and returns.
Fully updated and connected to county sewer, the property is sold fully furnished from top to bottom, professionally decorated, and turn-key ready to generate income immediately. No projects. No guesswork. Just open the doors and start booking.
Designed for Multiple Revenue Streams
Each level functions independently while still allowing guests to enjoy the property together exactly what today's renters want.
First Level (Ground Entry from Parking)
Ideal for families with children or a private guest suite. This level offers a comfortable living area, three bedrooms, one full bath, and its own entrance perfect for a stand-alone rental or overflow space.
Second Level (Front Stair Access)
The heart of the home features a large living room and full kitchen, one bedroom, one additional sleeping area/bunk room, and one full bath. This floor includes a lockout to the third level, allowing it to be rented independently or combined.
Third Level (Private Side Stair or Lockout Access)
A true primary suite with its own private balcony, spacious sleeping area, and en-suite bath ideal for premium nightly rates.
Why Investors Love This Property
• Multiple rental configurations multiple income streams
• Walkable to the beach high demand year-round
• Renovated, furnished, and sewer-connected low maintenance
• Appeals to groups who want togetherness and privacy
This property is projected to produce well over $91K annually, driven by today's top-performing rental trend: groups traveling together who still want their own space.
If you're looking for a proven, flexible, high-yield beach investment, this one checks every box.
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 03 - Bay County - Beach
Interior
Heating Central, Ductless
Cooling Central Air, Ductless
Fireplace No
Appliance Washer/Dryer Stacked, Electric Range
Laundry Stacked
Exterior
Exterior Feature Deck
Community Features Short Term Rental Allowed
Utilities Available High Speed Internet Available
Roof Type Composition,Shingle
Porch Balcony, Deck
Private Pool No
Building
Story 3
Entry Level Three Or More
Foundation Slab
Sewer Public Sewer
Architectural Style Bungalow
Level or Stories Three Or More
New Construction No
Schools
Elementary Schools Patronis
Middle Schools Surfside
High Schools Arnold
Others
Restrictions Short Term Rentals Allowed
Tax ID 32188-010-000
Special Listing Condition Listed As-Is
NEARBY SCHOOL & BUSINESS
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