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$725,000 Just Listed
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Property Description
Investor Ready Multi-Income Beachside Property Steps from the Sand 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 three 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.
Full Property Details
Full Property Details for 6118 Pinetree Ave
General
- Price: $725,000
- Taxes: $4,462 (2025)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 785045
- Updated: 2/11/2026
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 5
- Appliances: Washer/Dryer Stacked, Electric Range
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Stacked
Exterior
- Exterior Features: Deck
- Porch/Patio/Deck: Balcony, Deck
Location
- County: Bay
- Subdivision: Biltmore Beach
- Driving Directions: From Tyndall Parkway turn right onto Thomas drive turn right onto Crescent and go straight back to the house
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, Ductless
- Heating Type: Central, Ductless
Utilities
- Sewer: Public Sewer
- Utility Description: High Speed Internet Available
Structural Information
- Architectural Style: Bungalow
- Construction: Vinyl Siding
- Roof: Composition, Shingle
- Stories/Levels: 3
- Sq. Ft. Source: Appraiser
- Year Built: 1985
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,485
- Lot Size: .08
- Lot Dimensions: 99 x 35
Financial Considerations
- Tax Amount: $4,462
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: BILTMORE BEACH 1ST ADD (11.2) LOT 11 LESS N 120' BLK O AND ALL BLK 21 OF CRESCENT BEACH ORB 1510 P 636
- Property ID: 32188-010-000
Listed by Dalton Wade Inc
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Schools
Schools serving 6118 Pinetree Ave
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Patronis Elementary School 7400 Patronis Dr, Panama City Beach, FL 32408 | K-5 | 1.3 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 6.7 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6118 Pinetree Ave
Date
Details
Price
Change
Source
2/11/2026
Listed
$725,000
81.25%
MLS
11/22/2024
Sold
$400,000
—
Public Record
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 6118 Pinetree Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,422
322%
$359,692
185%
2024
$1,049
3%
$126,273
3%
2023
$1,022
5%
$122,595
6%
2021
$972
—
$115,557
-3%
2022
$970
—
$119,024
4%
2021
$972
3%
$113,962
2%
2019
$945
1%
$111,400
2%
2018
$936
2%
$109,323
2%
2017
$918
1%
$107,074
2%
2016
$906
-2%
$104,872
1%
2015
$927
1%
$104,143
1%
2014
$915
12%
$103,316
2%
2013
$814
—
$101,789
—
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 6118 Pinetree Ave
6118 Pinetree Avenue, Panama City, FL 32408 (MLS# 785045) is a Single Family property with 5 bedrooms and 3 full bathrooms. 6118 Pinetree Avenue is currently listed for $725,000 and was received on February 11, 2026. Want to learn more about 6118 Pinetree Avenue? Do you have questions about finding other Single Family 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.

