6118 Pinetree Avenue, Panama City, FL 32408

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List Price
$689,000
Status
ACTIVE
MLS#
797652
Subtype
Residential
Style
Coastal
Year Built
1985
Bedrooms
4
Bathrooms
3
Full Baths
3
Lot Size
3,485
Acres
0.17
Subdivision
Biltmore Beach 1st Add
Neighborhood
Beach - South of Grand Lagoon
MLS Area Major
Bay County - Beach

Property Description

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.

Additional Information

Exterior Features
Deck
Property Description
Coastal
Appliances
Washer/Dryer Stacked, Electric Range
Heating
Central, Ductless
Air Conditioning
Central Air, Ductless
Exterior Construction
Vinyl Siding
Stories
3
Levels
Three Or More
Roof
Composition, Shingle
Foundation
Slab
Elementary School
Patronis
Middle School
Surfside
High School
Arnold

Listing courtesy of Dalton Wade Inc.

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