5722 Pinetree AVE Save Request In-Person Tour Request Virtual Tour
Panama City,FL 32408
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,680 sqft
Price per Sqft $357
Subdivision Biltmore Beach 1St Add
MLS Listing ID 761910
Style Bungalow
Bedrooms 3
Full Baths 2
Year Built 1991
Annual Tax Amount $5,290
Tax Year 2023
Lot Size 4,791 Sqft
Property Description
**CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS** Adorable, updated and upgraded ''beach house'' located in the desirable Biltmore Beach neighborhood in the South Lagoon area of Panama City Beach. A perfect home for a primary residence where others vacation, as a secondary vacation home, or as an income producing property for investors looking for an attractive, income-generating short term rental. ACTUAL gross annual rental revenue history (NOT estimated rental projections) of $91,714 in 2022 and $124,030 in 2023 for the current owners during their two years of ownership. This tropical oasis is located just four short blocks from some of the world's most beautiful, white sugar sand beaches and there's easy access to the boat ramps on Grand Lagoon just around the corner! The east PCB location is close to shopping, St. Andrews State Park and some of the best local dining establishments in the area. This well laid-out home boasts three bedrooms (with two bedrooms on the ground level) and two full bathrooms, as well as a spacious bonus room on the second floor, which can be used as an additional bedroom or living space that leads out to a large balcony overlooking the backyard pool, where you can relax and enjoy beautiful sunsets and the fresh Gulf breeze. The home has been recently beautifully renovated with LVP flooring and updated bathrooms and kitchen with stainless steel appliances and granite countertops. The fenced back yard offers serenity and privacy and is low maintenance with its artificial turf where you can play games in the yard and spend time with friends on the elevated, covered wooden deck adjacent to the pool or in the corner bench and high top table area shaded by a tiki umbrella. Your pets will even enjoy a special area to do their business. Leading out to the back yard, you can take a dip in the hot tub inside of the screened in patio room. There is ample storage and parking with one covered parking space along with enough room for five additional vehicles to allow for parking for friends and family or for vacation rental visitors. This beach paradise is offered furnished with calming coastal decor sure to delight you and your guests. (Please note that select personal items and furnishing/decor items are not included. Please see the list of items excluded from the sale under the listing documents.) As a short term rental, the home nicely accommodates up to 12 guests with its seven beds and comfortable furnishings. As a primary or vacation home, you'll feel like you are on vacation every day!
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 03 - Bay County - Beach
Interior
Heating Central,Electric
Cooling Central Air,Ceiling Fan(s),Electric
Exterior
Exterior Feature Balcony,Deck,Patio
Garage Additional Parking,Carport,Driveway
Fence Fenced,Privacy
Pool Above Ground
Community Features Short Term Rental Allowed
Utilities Available Cable Connected,Electricity Connected,High Speed Internet Available,Phone Connected,Septic Available,Trash Collection,Water Connected
Waterfront No
Roof Type Metal
Building
Story 2
Sewer Septic Tank
Schools
Elementary Schools Patronis
Middle Schools Surfside
High Schools Arnold
Others
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
Special Listing Condition Listed As-Is