active Listed As-Is

5616 Pinetree Avenue, Panama City, FL 32408

$419,000

Reduced $20,000 from the original list price of $439,000

3Beds
2Baths
1,023Sq Ft
0.18Acres
1956Year Built
—/moHOA
On site 129 days
See the full community guide Lower Grand Lagoon Beachfront →

Details

Coastal style · Fully furnished · Short-term rental allowed

Nearby Schools

ElementaryPatronis
MiddleSurfside
HighArnold

Property Details

additional parking parking · Currently tenant-occupied

About This Home

Fully renovated beach cottage and RENTAL MACHINE only .3 miles from the Gulf! This stunning 3-bedroom, 2-bath coastal home sits on a huge lot with no HOA in the heart of Lower Grand Lagoon, offering the kind of space that is nearly impossible to find this close to the water. Every inch of this cottage has been meticulously updated, including a 2020 metal roof, HVAC, Hardie Board siding, vinyl windows, septic system, PEX plumbing, and copper wiring. The coastal interior shines with granite countertops, white cabinets, stainless appliances, wood-look tile flooring, and updated fixtures throughout. All of the furnishings convey to the new buyer. Beyond the beautiful renovations, this property is a proven high-producing investment that has consistently delivered impressive results, generating $58,642 in 2023, $50,378 in 2024, and $45,591 in 2025. It is currently self-managed and the seller would be happy to share his process and vendors so a new buyer could continue. 2026 is on track with HUGE numbers! Over $41,500 already completed in Jan-July 2026! The massive yard provides plenty of room to add a private pool, while the oversized driveway offers an abundance of parking for a boat, jet skis, and golf cart. An amazing covered front porch offers the perfect hangout, while the private outdoor shower makes cleaning off the sand effortless after a day at the beach. This prime location puts you mere blocks from the community boat ramp and minutes from the area's best-loved dining spots like Schooners, Patches, and Finn's, offering guests the ultimate coastal lifestyle with world-class boating, fishing, and white sandy beaches just down the street. This property perfectly balances a relaxed coastal vibe with a proven track record of rental success. Schedule your showing today. A video tour is also available

Interior, Amenities & More

Appliances: Washer Dryer Stacked, Electric Oven

Heating: Central

Cooling: Central Air

Square Footage Source: Owner

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Ask About This Home

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Call (850) 866-1149

Listed by Courtney Pantalena, Coldwell Banker Realty · courtneyp850@gmail.com

Equal Housing Opportunity
Equal Housing
Opportunity
Listing data provided by: Central Panhandle Association of Realtors (CPAR) Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Brokerage: Century 21 AllPoints Realty, licensed real estate broker.