$875,000
Panama City Beach, FL 32408
MLS# 780076
Status: Sold
8 beds | 4 baths | 3072 sqft
1 / 57
Property Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Short-Term Rental Powerhouse | 8-Bedroom Duplex | 3 Blocks from the Beach! Investor's dream! This high-income producing, fully furnished 8-bedroom, 4-bathroom duplex is a short-term rental machine, located just three blocks from the sugar-white sands of Panama City Beach! This sale includes two parcels, 5801 & 5803 Pinetree. These units combined gross income for '24 was over 126k!!! Renovated in '22, each unit of this multi-family property features 2 bedrooms, 1 bath, a full kitchen, full size washer and dryer, and an open-concept living space, making it perfect for beach trips! Guests love the modern coastal décor, fully stocked kitchens, private back porches, and fenced backyard with community pool and entertainment space. With NO HOA, strong rental history, and multiple revenue streams, this is the perfect turnkey investment opportunity. Just minutes from Pier Park, St. Andrews State Park, top restaurants, and attractions, this property is positioned for maximum occupancy year-round. Whether you're looking to expand your STR portfolio or own a versatile beachside retreat, this one won't last long! Contact us today for financials and a private tour!
Details
Maps
Listing Info, Tax and Legal
HOA Fee: No
New Buyer Fee: No
Brokerage Interest: No Interest
As Is: Yes
Contract Info
List Price/SqFt: 292.95
Status: Sold
List Date: 2025-10-07
List Price: $899,950
Current Price: $875,000
Location
Unit #: A, B, C, & D
Sub Area: 0323 - Beach - South of Grand Lagoon
Community/Resort: None
Waterfront: No
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: Take Thomas Drive south towards beach, turn right or north on Luff Street, at end of Luff, turn left or west on Pinetree Avenue, property is down on the left or south side of street.
Area: 03 - Bay County - Beach
Street #: 5801&5803
Street Name: Pinetree
Street Suffix: Avenue
State: FL
Zip Code: 32408
County: Bay
Subdivision: Biltmore Beach 1st Add
Parcel ID: 31986-000-000 & 31987-000-000
Legal Description: Parcel 31986-000-000 legal Descrip: BILTMORE BEACH 1ST ADD LOT 10 BLK B ORB 4548 P 839 Parcel: 31987-000-000 legal descrip: BILTMORE BEACH 1ST ADD LOT 11 BLK B ORB 4548 P 746
General Property Info
Design: Duplex
Apx SqFt(Htd/Cooled): 3072
Construction Status: Construction Complete
SqFt Source: Prop App Site
Lot Dimensions: 100 X 120
New Construction: No
Garage Y/N: No
Pool: Yes
Pool Type: Community
Sub-Type: Duplex Multi-Units
Bedrooms: 8
Full Baths: 4
Total Baths: 4
Year Built: 1980
Remarks & Misc
Remarks: CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Short-Term Rental Powerhouse | 8-Bedroom Duplex | 3 Blocks from the Beach! Investor's dream! This high-income producing, fully furnished 8-bedroom, 4-bathroom duplex is a short-term rental machine, located just three blocks from the sugar-white sands of Panama City Beach! This sale includes two parcels, 5801 & 5803 Pinetree. These units combined gross income for '24 was over 126k!!! Renovated in '22, each unit of this multi-family property features 2 bedrooms, 1 bath, a full kitchen, full size washer and dryer, and an open-concept living space, making it perfect for beach trips! Guests love the modern coastal décor, fully stocked kitchens, private back porches, and fenced backyard with community pool and entertainment space. With NO HOA, strong rental history, and multiple revenue streams, this is the perfect turnkey investment opportunity. Just minutes from Pier Park, St. Andrews State Park, top restaurants, and attractions, this property is positioned for maximum occupancy year-round. Whether you're looking to expand your STR portfolio or own a versatile beachside retreat, this one won't last long! Contact us today for financials and a private tour!
Status Change Info
Sold Price/SqFt: 284.83
Under Contract Date: 2026-02-21
Sold Date: 2026-03-23
Sold Price: $875,000
Pool Features
Above Ground: 1
Exterior
Built-in Barbecue/Grill: 1
Fenced Back Yard: 1
Fenced Privacy: 1
Shower: 1
Patio Enclosed: 1
Furnished
Furnished: 1
Parking Features
Oversized: 1
Shared Driveway: 1
Rooms
Bedroom: 1
Utilities
TV Cable: 1
Electricity - Connected: 1
Public Water - Connected: 1
Septic Tank - Shared: 1
Property Features
Exterior: Built-in Barbecue/Grill; Fenced Back Yard; Fenced Privacy; Shower; Patio Enclosed
Furnished: Furnished
Pool Features: Above Ground
Parking Features: Oversized; Shared Driveway
Rooms: Bedroom
Utilities: TV Cable; Electricity - Connected; Public Water - Connected; Septic Tank - Shared
Room Information
| Room Name | Dimensions | Length | Width | Dimensions |
| Bedroom | 10 x 10 | 10.00 | 10.00 | 10 x 10 |
| Bedroom | 9 x 10 | 9.00 | 10.00 | 9 x 10 |
| Bedroom | 10 x 10 | 10.00 | 10.00 | 10 x 10 |
| Bedroom | 9 x 10 | 9.00 | 10.00 | 9 x 10 |
| Bedroom | 10 x 10 | 10.00 | 10.00 | 10 x 10 |
| Bedroom | 9 x 10 | 9.00 | 10.00 | 9 x 10 |
| Bedroom | 10 x 10 | 10.00 | 10.00 | 10 x 10 |
| Bedroom | 9 x 10 | 9.00 | 10.00 | 9 x 10 |
Listing Office: Bay to 30A Realty
Last Updated: March - 23 - 2026
Information deemed reliable but not guaranteed.