$1,099,000
$121K PRICE DROP

5801&5803 Pinetree Ave Unit A, B, C & D Panama City Beach, FL 32408

Estimated payment $6,360/month

Total Views 27,556
8 Beds
4 Baths
3,072 Sq Ft
$358 Price per Sq Ft

Highlights

  • In Ground Pool
  • 0.28 Acre Lot
  • No HOA
  • Patronis Elementary School Rated A-
  • Furnished
  • Oversized Parking

About This Home

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 decor, 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!

Listing Agent

Christopher Jennings

Bay to 30A Realty License #3287657 Listed on: 02/28/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,137

Year Built

  • Built in 1980

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 100 x 120
  • Fenced

Parking

  • Oversized Parking

Home Design

  • Duplex

Interior Spaces

  • 3,072 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Pool

  • In Ground Pool
  • Above Ground Pool
  • Outdoor Shower

Schools

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

Additional Features

  • Patio
  • Septic Tank

Community Details

Overview

  • No Home Owners Association
  • Biltmore Beach 1St Add Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,137

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Property Sub Type: Duplex
  • Lot Size Acres: 0.28
  • Lot Size: 100 X 120
  • Subdivision Name: Biltmore Beach 1st Add
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Living Area: 3072.0
  • Dining Room Type: Bedroom

Exterior Features

  • Pool Features: Above Ground, Community, Pool
  • Fencing: Fenced
  • Waterfront: No
  • Exterior Features: Built-in Barbecue, Outdoor Shower, Patio

Garage/Parking

  • Parking Features: Oversized, Shared Driveway
  • Garage: No

Utilities

  • Utilities: Septic Available
  • Sewer: Septic Tank

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 12197.0

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 3137.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Price Changed $1,099,000 -8.3% $358 / Sq Ft
05/16/2025 05/16/25 Price Changed $1,199,000 -1.7% $390 / Sq Ft
02/28/2025 02/28/25 For Sale $1,220,000 +32.2% $397 / Sq Ft
07/13/2022 07/13/22 Off Market $922,500 -- --
06/20/2022 06/20/22 Off Market $390,000 -- --
04/08/2022 04/08/22 Sold $922,500 -0.3% $300 / Sq Ft
02/10/2022 02/10/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $925,000 +137.2% $301 / Sq Ft
02/22/2017 02/22/17 Sold $390,000 -13.1% $93 / Sq Ft
02/03/2017 02/03/17 Pending -- -- --
01/19/2017 01/19/17 For Sale $449,000 -- $107 / Sq Ft
Source: Central Panhandle Association of REALTORS®

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Source: Central Panhandle Association of REALTORS®

MLS Number: 769566

Central Panhandle Association of REALTORS®