509 Pinetree Drive A & B, Panama City Beach, FL 32413 (MLS# 796030)

Acreage: 0.24

Design: Duplex

Lot Size (SqFt): 10454

Apx SqFt(Htd/Cooled): 2228

Construction Status: Construction Complete

SqFt Source: Prop App Site

Accessory Dwelling Unit: No

Lot Dimensions: 100.0 ft x 105.0 ft

New Construction: No

Garage Y/N: Yes

Garage Spaces: 2

Pool: No

Sub-Type: Duplex Multi-Units

Bedrooms: 3

Full Baths: 3

Total Baths: 3

Year Built: 1993

List Price/SqFt: 125.67

Status: Active

List Date: 2026-09-29

List Price: $279,997

Current Price: $279,997

Unit #: A & B

Sub Area: 0325 - Beach - West South

Community/Resort: None

Waterfront: No

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.

Area: 03 - Bay County - Beach

Street #: 509

Street Name: Pinetree

Street Suffix: Drive

State: FL

Zip Code: 32413

County: Bay

Subdivision: Inlet Beach Heights

Parcel ID: 36408-000-000

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

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: 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!

Roof - Asphalt: 1

Unfurnished: 1

City Street: 1

Bedroom: 1

Electricity - Connected: 1

Public Water - Connected: 1

Septic Tank: 1

First: 1