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  4. 5801&5803 Pinetree Avenue A, B, C &, Panama City, FL 32408
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PRICED AT ONLY: $1,069,000

Address: 5801&5803 Pinetree Avenue A, B, C &, Panama City, FL 32408

Description

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 dcor, 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!

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More Like This
  • MLS#: 769566 ( Residential )
  • Street Address: 5801&5803 Pinetree Avenue A, B, C &
  • Viewed: 8
  • Price: $1,069,000
  • Price sqft: $348
  • Waterfront: No
  • Year Built: 1980
  • Bldg sqft: 3072
  • Bedrooms: 8
  • Total Baths: 4
  • Full Baths: 4
  • Days On Market: 193

Description

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 dcor, 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!
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Patio, OutdoorShower
  • Fencing: Fenced
  • Living Area: 0.00
School Information
  • High School: Arnold
  • Middle School: Surfside
  • School Elementary: Patronis
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Oversized
Eco-Communities
  • Pool Features: AboveGround
Utilities
  • Carport Spaces: 0.00
  • Sewer: SepticTank
  • Utilities: SepticAvailable
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2024
  • Trash Expense: 0.00
Other Features
  • Legal Description: Parcel 31986-000-000 legal Descrip: BILTMORE BEACH 1ST ADD LOT 10 BLK B ORB 4548 P 839 Parcel: 31987-000-000 legal descrip: BILTMORE BEACH 1ST ADD LOT 11 BLK B ORB 4548 P 746
  • Area Major: 03 - Bay County - Beach
  • Parcel Number: 31986-000-000 & 31987-000-000
  • Style: Duplex
  • The Range: 0.00
  • Unit Number: A, B, C & D
Nearby Subdivisions
[no Recorded Subdiv]   A W Pledger Panama City Beach   Baltimore Beach   Banyan Beach   Bay Point Unit 1   Bel Air   Biltmore Beach   Biltmore Beach 1st Add   Bonita Point   Crescent Beach Unit 1   Cresent Bch Unit 1   Dragon's Ridge Corrctd   Emerald Pointe Resort   Gates At Sterling Cove   Grand Lagoon Banks   Grand Lagoon Pointe   Grand Lagoon Shores 2   Grand Lagoon Shores 7   Grand Lagoon Shores11   Grand Lagoon Shores12   Greentree Unit-1   Gulf Lagoon Beach   Gulf Pines U-3   Hadley's Beach   Hidden Lagoon   Hidden Lagoon Villas   Hidden Pines Phase Ii   Holiday Beach On The Gulf   Holiday Beach Un 14   Holiday Beach Unit 1   Holiday Beach Unit 12   Holiday Beach Unit 13   Holiday Beach Unit 14   Holiday Beach Unit 15   Holiday Beach Unit 16   Holiday Beach Unit 3   Holiday Beach Unit 6   Holiday Beach Unit 7   Holiday Beach Unit 8   Lagoon Estates   Lagoon Heights   Lagoon Manor   Lagoon Oaks   Landward Townhouses   Leeward Tower Townhouse   Legend Lakes   Magnolia Bay Club   Magnolia Beach   Marlin Place   Martinique Phase Ii   Merglewski Retreats   Mimosa Place   Misty Harbour Condo.   No Named Subdivision   North Lagoon Heights   North Lagoon Oaks   North Lagoon Oaks 2nd   North Lagoon Oaks 6th Add   North Lagoon Oaks 7th Add   Northwood Estates   Northwoods Estates 1st Add   Palm Bay Unit 4   Panama Dunes   Pelican Bay   Pines 5th Add   Pines Subdivision   Point Royal Homes Unit 1   Preserve On The Bay Ph I   Preserve On The Bay Ph Ii   Sago Park Townhomes   Sanctuary Beach   Silver Sands Beach   Silver Sands Unit 1   Silver Sands Unit 2   Sugar Shack Condo   Summerplace Townhouses   Thomas Drive Park U-1   Treasure Cove   Treasure Cove Unit 1   Treasure Island   Treasure Palms   Venture Out   Venture Out Travel Trail   Villas Of Panama   Whispering Pines  

Contact Info

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  2. The Real Estate Professional You Deserve
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Wade M. Berlin

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