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6118 Pinetree Avenue

Panama City, FL 32408
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Bed 5

Bed

Bath 3

Bath

Acres0.08

Acre(Lot)

Investor Ready Multi-Income Beachside Property Steps from the Sand 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.

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Detail Ic Property Details

Property Type : Residential

Price : $725,000

AD Id : 75248723

MLS Id : 785045

Beds : 5

Lot Size : 0.08 Acre

Year Built : 1985

County : Bay

Subdivision: Annabella's Townhomes

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Rooms Total: 5

    Roofing Information

    Composition, Shingle
  • Interior Features

    Roof: Composition, Shingle
    Appliances: WasherDryerStacked, ElectricRange
    Laundry Features: Stacked
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Ductless Has Cooling: Yes Cooling: CentralAir, Ductless

  • Building Information

    Year Built: 1985
    Building Area Total: 2280
    Construction Materials: VinylSiding
    Stories: 3
    Patio And Porch Features: Balcony, Deck
    Private Pool: No
  • Exterior Features

    Exterior Features: Deck

  • Lot Information

    Lot Dimensions: 99x35 Main Square Feet: 0.08 Lot Size Acres: 0.08 Lot Size Square Feet: 3,485

    Property Information

    Subdivision: Biltmore Beach Source Property Type: Residential MLS Area Minor: 0323 - Beach - South of Grand Lagoon Property SubType: Single Family Residence Levels: ThreeOrMore Property Age: 41

  • Listing Price Information

    Listing Price: $725000

  • Tax Information

    Parcel Number: 32188-010-000 Tax Year: 2025 Annual Tax: $4462 Tax Legal Desc: BILTMORE BEACH 1ST ADD (11.2) LOT 11 LESS N 120' BLK O AND ALL BLK 21 OF CRESCENT BEACH ORB 1510 P 636

  • School Information

    Elementary School: Patronis Junior High School: Surfside Senior High School: Arnold
  • Utility Information

    HighSpeedInternetAvailable
  • Location Information

    Direction: From Tyndall Parkway turn right onto Thomas drive turn right onto Crescent and go straight back to the house
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ByOwner last updated this listing 06/22/2026 @ 06:57

MLS: 785045 LISTED BY: Sandi Smith, Dalton Wade Inc 888-668-8283 SOURCE: CPAR

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