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Sold for $875,000
  • $875,000

    5801&5803 Pinetree Ave #A-b, Panama City, FL 32408

    8beds
    3,072sqft
    Duplex, Multi Family
    Built in 1980
    -- sqft lot
    $869,000 Zestimate®
    $285/sqft
    $1,860 Estimated rent

    Home value

    $869,000

    $791,000 - $956,000

    $1,860/mo

    Zestimate® history
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    What's special

    Private back porchesFully stocked kitchens
    CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Short-Term Rental Powerhouse | 8-Bedroom Duplex | 3 Blocks from the Beach! Investor's dream! This high-income producing, fully furnished 8-bedroom, 4-bathroom duplex is a short-term rental machine, located just three blocks from the sugar-white sands of Panama City Beach! This sale includes two parcels, 5801 & 5803 Pinetree. These units combined gross income for '24 was over 126k!!! Renovated in '22, each unit of this multi-family property features 2 bedrooms, 1 bath, a full kitchen, full size washer and dryer, and an open-concept living space, making it perfect for beach trips! Guests love the modern coastal décor, fully stocked kitchens, private back porches, and fenced backyard with community pool and entertainment space. With NO HOA, strong rental history, and multiple revenue streams, this is the perfect turnkey investment opportunity. Just minutes from Pier Park, St. Andrews State Park, top restaurants, and attractions, this property is positioned for maximum occupancy year-round. Whether you're looking to expand your STR portfolio or own a versatile beachside retreat, this one won't last long! Contact us today for financials and a private tour!

    Zillow last checked:

    Listing updated:

    Listed by:

    Christopher C Jennings 850-532-9449,

    Bay to 30A Realty

    Bought with:

    Christopher C Jennings, 3287657

    Bay to 30A Realty

    Source: CPAR,MLS#: 780076MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Rooms
    • Room types: Bedroom
    Bedroom
    • Dimensions: 10 x 10
    Bedroom
    • Dimensions: 9 x 10
    Bedroom
    • Dimensions: 10 x 10
    Bedroom
    • Dimensions: 9 x 10
    Bedroom
    • Dimensions: 10 x 10
    Bedroom
    • Dimensions: 9 x 10
    Bedroom
    • Dimensions: 10 x 10
    Bedroom
    • Dimensions: 9 x 10
    Interior area
    • Total structure area: 3,072
    • Total interior livable area: 3,072 sqft

    Property

    Features
    • Patio & porch: Enclosed, Patio
    • Exterior features: Barbecue, Patio, Outdoor Shower
    • Pool features: Above Ground, Community
    • Fencing: Fenced,Privacy
    Lot
    • Size: 0.28 Acres
    • Dimensions: 100 x 120
    Details
    • Parcel number: 31986000000 & 31987000000

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Duplex
    • Property subtype: Duplex, Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Utilities for property: Cable Connected

    Community & HOA

    Community
    • Features: Barbecue, Community Pool, Short Term Rental Allowed
    • Subdivision: Biltmore Beach 1st Add
    HOA
    • Has HOA: No
    Location
    • Region: Panama City

    Financial & listing details

    • Price per square foot: $285/sqft
    • Date on market: 10/24/2025
    • Cumulative days on market: 326 days

    Price history

    DateEventPrice
    3/23/2026Sold$875,000-2.8%$285/sqft
    Source: CPAR #780076 Report a problem
    2/22/2026Pending sale$899,950$293/sqft
    Source: CPAR #780076 Report a problem
    2/9/2026Price change$899,950-5.3%$293/sqft
    Source: CPAR #780076 Report a problem
    2/3/2026Price change$949,900-1%$309/sqft
    Source: CPAR #780076 Report a problem
    1/9/2026Price change$959,900-1.5%$312/sqft
    Source: CPAR #780076 Report a problem
    12/2/2025Price change$974,900-2.5%$317/sqft
    Source: CPAR #780076 Report a problem
    11/5/2025Price change$999,900-2.4%$325/sqft
    Source: CPAR #780076 Report a problem
    10/24/2025Listed for sale$1,024,900-4.1%$334/sqft
    Source: CPAR #780076 Report a problem
    10/10/2025Listing removed$1,069,000$348/sqft
    Source: CPAR #780076 Report a problem
    10/7/2025Listed for sale$1,069,000$348/sqft
    Source: CPAR #780076 Report a problem
    9/22/2025Listing removed$1,069,000$348/sqft
    Source: CPAR #769566 Report a problem
    8/15/2025Price change$1,069,000-2.7%$348/sqft
    Source: CPAR #769566 Report a problem
    6/23/2025Price change$1,099,000-8.3%$358/sqft
    Source: CPAR #769566 Report a problem
    5/16/2025Price change$1,199,000-1.7%$390/sqft
    Source: CPAR #769566 Report a problem
    3/1/2025Listed for sale$1,220,000$397/sqft
    Source: CPAR #769566 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Lower Grand Lagoon

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Patronis
    • 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.

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    $869,000
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    With Zillow Showcase(estimated)
    $886,380