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
Single-familyProperty Type
1956Year Built
7,840 sq ftLot Size
$410Price/Sq.Ft.
Listed by Courtney Pantalena• Coldwell Banker Realty
Biltmore Beach, located between St. Andrews State Park and Panama City Beach, is a waterfront and residential Lower Grand Lagoon neighborhood with canal-front streets and Gulf breezes. The neighborhood’s character concentrates around Thomas Drive at Biltmore Beach Road, where bait-and-tackle counters, marina slips, and low-key seafood spots set a salt-air rhythm. Single-story beach cottages and raised coastal homes line quiet blocks, with docks and boat lifts shaping the streetscape. Shoreline access and calm backwaters frame paddle days and sunset walks. Schooners, Captain Anderson’s Restaurant, and St. Andrews State Park serve as local pillars tied to the water.
Provided by Walk Score and Local Logic
Offer insights
5616 Pinetree Ave · $419,000
$419K and above
75% chance or better to win
Why $419K+ is a strong offer
DAYS ON MARKET
28 days
The average home goes pending in 84 days.
SALE-TO-LIST
97.1%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Central air conditioning
Bedrooms
3 bedrooms, all on the first floor
Bedroom sizes approximately 12.6 x 9.7 ft, 14.0 x 12.0 ft, and 12.5 x 10.8 ft
Bathrooms
2 full bathrooms
Kitchen
Kitchen located on the first floor
Heating & cooling
Central electric AC
Exterior features
Lot roughly 0.18 acres with dimensions 190x82x137x60
Subdivision: BILTMORE BEACH
Septic tank
Home design
Single-story beach house
Built in 1956
Zoned for single-family residential
Construction
Agent-measured building area about 1,023 total
Year built 1956
Utilities
Electric service
Public water
Septic tank
Financial info
Annual tax information available
Electricity and solar
View estimated energy costs and solar savings for 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
ECAR #1007459
Mar 19, 2026
Listed
$419,000
$410/sq ft
CPARMLS #734188
Jan 3, 2023
Sold
$439,000
$429/sq ft
Nov 2, 2022
Listed
$439,000
$429/sq ft
+48
Here is your chance to own an already established short-term rental that is ready for a new owner. This fully remodeled beach home is located on the east end of PCB. It is located directly between beach access 11 and the public boat ramps leading you into the gulf and to Shell Island! There is plenty of parking for the whole family and many guests. Located in Bay County Limits where you can manage short term rentals with no restrictions. The covered front patio is oversized and well lit- ready for an evening get together or football party. Once you enter the front door, you will walk into the living room/kitchen with an open-concept layout. There are three full size bedrooms, all fully furnished and ready to hit the rental market. There are stainless steel appliances, granite counter and much much more! This vacation rental has been professionally designed with a coastal feel and has touches of natural woods and driftwood throughout. This oversized lot allows for plenty of room to expand and enjoy. Contact your favorite real estate agent to get inside before this great rental property is gone!
CPARMLS #704184
Jan 5, 2021
Sold
$205,000
$200/sq ft
Nov 5, 2020
Listed
$210,000
$205/sq ft
CPARMLS #697349
Jul 2, 2020
Sold
$250,000
$244/sq ft
Apr 29, 2020
Listed
$264,999
$259/sq ft
CPARMLS #691594
Dec 31, 2019
Sold
$115,000
$112/sq ft
Dec 5, 2019
Listed
$139,900
$137/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,777 (+8.9%)
$191,072 + $194,261
$385,333
2024
$4,387 (+27.8%)
$169,680 + $184,042
$353,722
2023
$3,433 (+50.9%)
2022
$2,275 (+2.5%)
$96,960 + $96,278
$193,238
2021
$2,220 (+58.0%)
$89,445 + $92,334
$181,779
2020
$1,405 (+3.5%)
$78,961 + $33,281
$112,242
2019
$1,359 (+8.7%)
2018
$1,249 (+14.6%)
2017
$1,090 (−1.0%)
$32,118 + $46,298
$78,416
2016
$1,101 (−2.0%)
$31,209 + $46,683
$77,892
2015
$1,124 (+5.6%)
$30,421 + $47,068
$77,489
2014
$1,064
Public record
Beds
3
Baths
1
Stories
1
Lot width
60 ft.
Lot depth
135 ft.
Lot size
8,059 Sq. Ft.
Year renovated
2020
Finished Sq. Ft.
981
Unfinished Sq. Ft.
—
Total Sq. Ft.
981
Year built
1956
Style
Single Family Residential
County
Bay County
APN
31942000000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 18, 2026.
Climate risks
7/10 Flood Factor
Estimated 71-79% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 106° expected this year, 21 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Panama City, FL • 32408
Average low and high temperatures (°F)
60
45
67
54
73
59
78
65
82
72
88
77
90
80
90
78
87
75
81
66
74
60
66
51
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.8 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5616 Pinetree Ave
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $240,000 and $710,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $240K to $710K.