NOT LISTED FOR SALE

5616 Pinetree Ave Panama City Beach, FL 32408

Estimated Value: $379,000 - $473,000

3 Beds
2 Baths
1,047 Sq Ft
$408/Sq Ft Est. Value

Last Sold January 03, 2023

Last sale price $439,000 $419 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,607/month

31 Days on Market

Highlights

  • Coastal Architecture
  • Newly Painted Property
  • No HOA
  • J.R. Arnold High School Rated A-
  • Furnished
  • Covered Patio or Porch

About This Home

As of January 2023

Here is your chance to own an already established short-term rental that is ready for a new owner. This fully remodeled beach home is located on the east end of PCB. It is located directly between beach access 11 and the public boat ramps leading you into the gulf and to Shell Island!There is plenty of parking for the whole family and many guests. Located in Bay County Limits where you can manage short term rentals with no restrictions. The covered front patio is oversized and well lit- ready for an evening get together or football party.Once you enter the front door, you will walk into the living room/kitchen with an open-concept layout. There are three full size bedrooms, all fully furnished and ready to hit the rental market. There are stainless steel appliances, granite counter

Last Agent to Sell the Property

Tyler Southerland

Coastal Heritage Real Estate LLC License ##SL3389146 Listed on: 11/02/2022

Coastal Heritage Real Estate LLC

Co-Listed By

Justin Cater LLC

Emerald Empire Real Estate

Last Buyer's Agent

Non Member

NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,220

Year Built

  • Built in 1956 | Remodeled

Lot Details

  • 9,845 Sq Ft Lot
  • Lot Dimensions are 60x135x82x190
  • Property fronts a county road
  • Fenced

Home Design

  • Coastal Architecture
  • Newly Painted Property
  • Slab Foundation
  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • 1,047 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Double Pane Windows
  • Fire and Smoke Detector
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Patronis Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Biltmore Beach Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,220

Year Built

Built in 1956 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1956
  • Property Sub Type: Detached
  • Lot Size Acres: 0.23
  • Lot Size: 60x135x82x190
  • Road Frontage Type: County Road
  • Co List Office Mls Id: EERE
  • Co List Office Phone: (850) 468-2151
  • Subdivision Name: Biltmore Beach
  • Architectural Style: Coastal
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Interior Amenities: Breakfast Bar, Kitchen Island, New Paint, Remodeled
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1047.0
  • Dining Room Type: Bedroom, Kitchen
  • Stories: 1
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Fenced
  • Waterfront: No
  • Construction Type: Block, HardiPlank Type
  • Exterior Features: Storage
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Porch
  • Property Condition: Updated/Remodeled
  • Roof: Metal

Garage/Parking

  • Parking Features: Gravel
  • Garage: No

Utilities

  • Utilities: Cable Connected, Septic Available, Water Connected
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central
  • Laundry Features: Stacked
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Association: No

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 9845.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 2220.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2022
Closed on
Jan 3, 2023
Sold by
Henry David M
Bought by
King Brandon Tyler
Seller's Agent
Tyler Southerland
Coastal Heritage Real Estate LLC
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$439,000
Sold Price
$439,000
Views
14
Current Estimated Value
$426,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,217
Avg. Annual Appreciation
-1.06%
Original Mortgage
$373,150
Outstanding Balance
$362,352
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$64,431

Purchase Details

Listed on
Nov 5, 2020
Closed on
Jan 5, 2021
Sold by
Jones Brian and Jones Lezlie
Bought by
Henry David M and Henry Jennifer K
Seller's Agent
Kyle Ballif
EXP Realty LLC
Buyer's Agent
Justin Cater
Beachy Beach Real Estate
List Price
$210,000
Sold Price
$205,000
Premium/Discount to List
-$5,000
-2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.62%

Purchase Details

Listed on
Apr 29, 2020
Closed on
Jun 26, 2020
Sold by
Parden Lucy
Bought by
Jones Brian and Jones Lezlie
Seller's Agent
Barbara McDonald
CitiStar Realty
Buyer's Agent
Angela Miller
Coldwell Banker United Realtor
List Price
$264,999
Sold Price
$250,000
Premium/Discount to List
-$14,999
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-32.23%
Original Mortgage
$225,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 5, 2019
Closed on
Dec 31, 2019
Sold by
Scarbrough Betty S
Bought by
Parden Lucy
Seller's Agent
Keyela Hampton
Coldwell Banker Realty
Buyer's Agent
Bobbi McDonald
Emerald Coast Realty Inc
List Price
$139,900
Sold Price
$115,000
Premium/Discount to List
-$24,900
-17.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
372.59%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
King Brandon Tyler $439,000 South Oak Title
Henry David M $205,000 North Florida Title Company
Jones Brian $250,000 Mti Title Insurance Agcy Inc
Parden Lucy $115,000 Knight Barry Title Sln Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Brandon Tyler $373,150
Previous Owner Jones Brian $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2023 01/22/23 Off Market $439,000 -- --
01/03/2023 01/03/23 Sold $439,000 +114.1% $419 / Sq Ft
12/18/2022 12/18/22 Off Market $205,000 -- --
11/02/2022 11/02/22 For Sale $439,000 +75.6% $419 / Sq Ft
07/05/2022 07/05/22 Off Market $250,000 -- --
06/20/2022 06/20/22 Off Market $115,000 -- --
01/05/2021 01/05/21 Sold $205,000 -2.4% $209 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $210,000 -16.0% $214 / Sq Ft
07/02/2020 07/02/20 Sold $250,000 -5.7% $255 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
04/29/2020 04/29/20 For Sale $264,999 +130.4% $270 / Sq Ft
12/31/2019 12/31/19 Sold $115,000 -17.8% $117 / Sq Ft
12/09/2019 12/09/19 Pending -- -- --
12/05/2019 12/05/19 For Sale $139,900 -- $143 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,433 $353,722 $169,680 $184,042
2023 $3,433 $212,562 $161,620 $185,069
2022 $2,275 $193,238 $96,960 $96,278
2021 $2,220 $181,779 $89,445 $92,334
2020 $1,405 $112,242 $78,961 $33,281
2019 $1,359 $109,642 $64,114 $45,528
2018 $1,249 $86,258 $0 $0
2017 $1,090 $78,416 $0 $0
2016 $1,102 $77,892 $0 $0
2015 $1,124 $77,489 $0 $0
2014 $1,065 $77,753 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tyler Southerland

    Seller's Agent in 2023

    Tyler Southerland

    Coastal Heritage Real Estate LLC

    (850) 381-9270

    3 in this area

    30 Total Sales

    Tyler Southerland
    Section Image

  • J

    Seller Co-Listing Agent in 2023

    Justin Cater LLC

    Emerald Empire Real Estate

  • N

    Buyer's Agent in 2023

    Non Member

    NON-MEMBER OFFICE

  • K

    Seller's Agent in 2021

    Kyle Ballif

    EXP Realty LLC

  • J

    Buyer's Agent in 2021

    Justin Cater

    Beachy Beach Real Estate

  • B

    Seller's Agent in 2020

    Barbara McDonald

    CitiStar Realty

    (850) 230-5060

    3 in this area

    34 Total Sales

    Barbara McDonald
    Section Image
See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 734188

Central Panhandle Association of REALTORS®

APN: 31942-000-000

Florida Bay County Panama City Beach 32408

5616 Pinetree Ave, Panama City Beach, FL

This home is located at 5616 Pinetree Ave, Panama City Beach, FL 32408 since 02 November 2022 and is currently estimated at $426,783, approximately $407 per square foot. This property was built in 1956. 5616 Pinetree Ave is a home located in Bay County with nearby schools including J.R. Arnold High School, Surfside Middle School, and Patronis Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Nearby Homes