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4 Beds
3 Baths
2,525 sqft

$689,000

6118 Pinetree Avenue, Panama City FL, 32408

Price per sqft$272.87
Built in1985
Property size2,525 sqft
Property typeResidential

Overview

Active

Listed Nov 10, 2026

Updated 23h ago

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.

$4,584/mo

Est. mortgage payment based on a $689,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
797652

Interior Features

Bedrooms
4
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.08 Acres

Other Property Details

Taxes
$4,462
Tax Frequency
Annually

 

Courtesy of Dalton Wade Inc, Sandi Smith,
Listing Contact: 229-326-2998 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Local Insight Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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