INVESTOR'S DREAM on the highly desirable west end of Panama City Beach! This unique property offers TWO separate units on a double lot, creating multiple opportunities for the savvy investor. Utilize the existing units as short-term vacation rentals, generate steady income with long-term rentals, or explore the potential to finish the downstairs garage area to create additional usable space and increase the property's income potential.
Looking for a larger redevelopment opportunity? Take advantage of the double lot and explore the possibility of removing the existing structures and building brand-new construction. With its west-end location near 30A and the beaches, this property offers flexibility that's increasingly hard to find in Panama City Beach.
Whether you're looking for STR potential, long-term rental income, a value-add project, or a future new-build opportunity, 509 Pinetree Drive gives you multiple ways to make the property work for your investment strategy. Bring your vision and take advantage of this rare west-end opportunity!
Pending
$279,997
509 Pinetree Dr #A & B, Panama City Beach, FL 32413
3beds
2,228sqft
Duplex, Multi Family
Built in 1993
-- sqft lot
$-- Zestimate®
$126/sqft
$-- HOA
What's special
- 36 days
- 2,230
- 216
Zillow last checked:
Listing updated:
Listed by:
Kyle C Ballif 850-610-1555,
Salty Marlin Realty LLC
Source: CPAR,MLS#: 796030
Originating MLS: Central Panhandle Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Bedroom
Bedroom
- Level: First
- Dimensions: 10 x 10
Bedroom
- Level: First
- Dimensions: 10 x 10
Bedroom
- Level: First
- Dimensions: 10 x 10
Interior area
- Total structure area: 2,228
- Total interior livable area: 2,228 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Lot
- Size: 10,454 Square Feet
- Dimensions: 100.0 ft x 105.0 ft
Details
- Parcel number: 36408000000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1993
Community & HOA
Community
- Features: Short Term Rental Allowed
- Subdivision: Inlet Beach Heights
HOA
- Has HOA: No
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $126/sqft
- Annual tax amount: $4,671
- Date on market: 9/29/2026
- Cumulative days on market: 37 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 11/4/2026 | Pending sale | $279,997$126/sqft |
Source: | ||
| 9/30/2026 | Listed for sale | $279,997$126/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 32413
Nearby schools
Schools provided by the listing agent
- Elementary: West Bay
- Middle: Surfside
- High: Arnold
Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





