6118 Pinetree Avenue, Panama City, FL 32408 (MLS# 797652)

Acreage: 0.17

Design: Beach House

Lot Size (SqFt): 3485

Apx SqFt(Htd/Cooled): 2525

Construction Status: Construction Complete

SqFt Source: Prop App Site

# of Stories in Building: 3

Accessory Dwelling Unit: No

Lot Dimensions: 35.0 ft x 100.0 ft

New Construction: No

Garage Y/N: No

Pool: No

Sub-Type: Detached Single Family

Bedrooms: 4

Full Baths: 3

Total Baths: 3

Year Built: 1985

List Price/SqFt: 272.87

Status: Active

List Date: 2026-11-09

List Price: $689,000

Current Price: $689,000

Sub Area: 0323 - Beach - South of Grand Lagoon

Community/Resort: None

Waterfront: No

Elementary School: Patronis

Middle School: Surfside

High School: Arnold

Directions: FROM NAVAL BLVD TURN RIGHT ON THOMAS TURN RIGHT TO WATERCREST TURN RIGHT ON CRESENT GO TO PINETREE TURN RIGHT HOUSE IS ON LEFT

Area: 03 - Bay County - Beach

Street #: 6118

Street Name: Pinetree

Street Suffix: Avenue

State: FL

Zip Code: 32408

County: Bay

Subdivision: Biltmore Beach 1st Add

Parcel ID: 32188-010-000

Legal Description: BILTMORE BEACH 1ST ADD (11.2) LOT 11 LESS N 120' BLK O AND ALL BLK 21 OF CRESCENT BEACH ORB 1510 P 636

HOA Fee: No

New Buyer Fee: No

Last Taxes: 4462.02

Last Tax Year: 2025

Brokerage Interest: No Interest

Remarks: Investor Ready Multi-Income Beachside Property Steps from the Sand ON SEWER SO ADD THE POOL 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 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.

Dishwasher: 1

Microwave: 1

Range - Electric: 1

Washer/Dryer Stacked: 1

Foundation - Slab on Grade: 1

Roof - Composite Shngl: 1

Siding - Vinyl: 1

Balcony: 1

Deck Open: 1

Cash: 1

Conventional: 1

Furnished: 1

Oversized: 1

Bedroom: 1

Primary Bedroom: 1

Electricity - Connected: 1

Internet - Broadband Available: 1

Phone - Available: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

As Is: 1

Third: 1

First: 1

Second: 1

Central Air: 1

Mini-Split/Ductless: 1

Central: 1

Mini-Split/Ductless: 1