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$225,250 Just Listed
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Property Description
Half a mile from the sand and priced to catch your eye -- this one-bedroom, one-and-a-half-bath attached home in the Thomas Drive area is the kind of easygoing coastal find that doesn't come along every day. With 870 square feet of single-story living, it's compact, breezy, and ready for someone with a paintbrush and a plan. The renovation work here is mostly cosmetic, so don't let the word scare you off. Think fresh paint, updated finishes, and a few personal touches rather than a gut job. The bones are good, which means you can spend your energy making it pretty instead of making it stand. A half bath downstairs is a handy bonus for guests who'd rather not wander far. Location is the real headliner. Public Beach Access #11 sits an easy distance away, so morning trips with sandy toes become a regular thing. You're also close to the Navy base, Florida State University's local campus, and Gulf Coast State College, making this a smart pick for a variety of buyers. Speaking of renters, there's no homeowners association here, and short-term rental potential adds a nice layer of income possibility. Northwest Florida Beaches International Airport keeps travel simple, and everything the coast offers is right at your fingertips. Whether you're chasing a beachy getaway, a first place, or a savvy investment, this little charmer checks the boxes. Come see it before someone else scoops it up. *Information provided is deemed reliable but is not guaranteed and should be independently verified by the buyer*
Full Property Details
Full Property Details for 5408 Pinetree Ave
General
- Price: $225,250
- Taxes: $2,584 (2025)
- Status: Active
- Type: Duplex
- Source: Bay_County
- MLS ID: 792905
- Updated: 7/20/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 4
- Appliances: Electric Range, Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Parking
- Parking Features: Paved
Location
- County: Bay
- Subdivision: Biltmore Beach
- Driving Directions: From Intersection of HWY 98 and Navy Blvd/ Thomas Drive, Head South on Navy Blvd for roughly 3.5 miles, Make a right onto Thomas Drive, Then Right onto Hurt Street, left onto Pinetree Ave , home will be on your right.
School Information
- Elementary School: Patronis
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Utility Description: Electricity Available
Structural Information
- Architectural Style: Duplex
- Structure Type: Duplex
- Construction: Wood Frame
- Roof: Shingle
- Sq. Ft. Source: Appraiser
- Year Built: 2007
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,614
- Lot Size: .06
- Lot Dimensions: 25.0 ft x 120.0 ft
- Zoning: County, Resid Single Family
- Fencing (Description): Partial
Financial Considerations
- Tax Amount: $2,584.53
- Tax Year: 2025
Disclosures and Reports
- Legal Description: BILTMORE BEACH MAP 70B2 LOT 2 BLK G LESS THE SELY 25'
- Property ID: 31803-010-000
Listed by Overstreet Realty
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Schools
Schools serving 5408 Pinetree Ave
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Patronis Elementary School 7400 Patronis Dr, Panama City Beach, FL 32408 | K-5 | 1.8 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 7.3 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 5.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5408 Pinetree Ave
Date
Details
Price
Change
Source
7/20/2026
Listed
$225,250
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5408 Pinetree Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,585
11%
$205,814
10%
2024
$2,339
—
$187,104
2%
2023
$2,339
68%
$183,845
62%
2021
$1,389
-13%
$113,421
-23%
2022
$1,590
25%
$146,461
45%
2020
$1,271
-33%
$101,203
-45%
2019
$1,889
-1%
$184,749
1%
2018
$1,902
17%
$183,355
49%
2017
$1,629
-2%
$122,906
—
2016
$1,659
-3%
$122,966
-1%
2015
$1,712
-1%
$123,639
-1%
2014
$1,726
13%
$124,850
1%
2013
$1,528
—
$123,970
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5408 Pinetree Ave
5408 Pinetree Avenue, Panama City, FL 32408 (MLS# 792905) is a Duplex property with 1 bedroom, 1 full bathroom and 1 partial bathroom. 5408 Pinetree Avenue is currently listed for $225,250 and was received on July 20, 2026. Want to learn more about 5408 Pinetree Avenue? Do you have questions about finding other Duplex real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

