6118 Pinetree Avenue, Panama City, FL 32408
Local realty services provided by:ERA Neubauer Real Estate, Inc.
6118 Pinetree Avenue,Panama City, FL 32408
$689,000
- 5 Beds
- 3 Baths
- 2,525 sq. ft.
- Single family
- Active
Listed by: sandi smith
Office: dalton wade inc
MLS#:797652
Source:FL_BCMLS
Price summary
- Price:$689,000
- Price per sq. ft.:$272.87
About this home
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....
Contact an agent
Home facts
- Year built:1985
- Subdivision & Development:Biltmore Beach 1st Add
- Listing ID #:797652
- Added:2 day(s) ago
- Updated:November 12, 2026 at 08:58 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:5
- Kitchen Description:Electric Range
- Living area:2,525 sq. ft.
Heating and cooling
- Cooling:CentralAir, Ductless
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Composition, Shingle
- Year built:1985
- Building area:2,525 sq. ft.
- Lot area:0.17 Acres
- Architectural Style:Coastal
- Construction Materials:VinylSiding
- Exterior Features:Balcony, Deck
- Foundation Description:Slab
- Levels:3 Story
Schools
- High school:Arnold
- Middle school:Surfside
- Elementary school:Patronis
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$689,000
- Price per sq. ft.:$272.87
- Tax amount:$4,462 (2025)
Features and amenities
- Laundry features:Washer Dryer Stacked
- Amenities:ElectricRange, WasherDryerStacked
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