5801&5803 Pinetree Avenue #A, B, C & D
Panama City, FL 32408
3072 sqft | 8 beds | 4 baths | 0.28 acres | #769566
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 decor, 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!
Property Details
- Exterior MaterialsBuiltInBarbecue, Outdoor Shower, Patio
- Pool FeaturesAbove Ground, Community, Pool
- SubdivisionBiltmore Beach 1st Add
- Utility FeaturesSeptic Available
- Sewer InformationSeptic Tank
- Original List Price$1,220,000
- Property TypePurchase
- Elementary SchoolPatronis
- Middle SchoolSurfside
- Cost1069000
- StyleDuplex
- High SchoolArnold
- Taxes Annual$3,137
- MLS #769566
- Property SubtypeDuplex
- MLS #769566
- Structure TypeDuplex
- Acres0.28
- Square Feet3072
- Year Built1980
- CountyBay
- Days on Market (Cumulative)183
- Bedrooms8
- Bathrooms4
- Full Baths4
- Pool1
Location
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Last Updated: . Source: CPAR
Listing Courtesy
Listing Agent: Christopher C Jennings (#B1663)
Listing Office: Bay to 30A Realty (#BAY30A)
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