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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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5616 Pinetree Ave , Panama City Beach, FL 32408
$419,000
Est. Payment: $2,314.91/mo
3 Bed
2 Bath
1023 Sqft
0.18 Acres
Status: Active | Days on site: 129
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Harrison Lilly Team
Owner/Operator

House Description

Fully renovated beach cottage and RENTAL MACHINE only .3 miles from the Gulf! This stunning 3-bedroom, 2-bath coastal home sits on a huge lot with no HOA in the heart of Lower Grand Lagoon, offering the kind of space that is nearly impossible to find this close to the water. Every inch of this cottage has been meticulously updated, including a 2020 metal roof, HVAC, Hardie Board siding, vinyl windows, septic system, PEX plumbing, and copper wiring. The coastal interior shines with granite countertops, white cabinets, stainless appliances, wood-look tile flooring, and updated fixtures throughout. All of the furnishings convey to the new buyer. Beyond the beautiful renovations, this property is a proven high-producing investment that has consistently delivered impressive results, generating $58,642 in 2023, $50,378 in 2024, and $45,591 in 2025. It is currently self-managed and the seller would be happy to share his process and vendors so a new buyer could continue. 2026 is on track with HUGE numbers! Over $41,500 already completed in Jan-July 2026! The massive yard provides plenty of room to add a private pool, while the oversized driveway offers an abundance of parking for a boat, jet skis, and golf cart. An amazing covered front porch offers the perfect hangout, while the private outdoor shower makes cleaning off the sand effortless after a day at the beach. This prime location puts you mere blocks from the community boat ramp and minutes from the area's best-loved dining spots like Schooners, Patches, and Finn's, offering guests the ultimate coastal lifestyle with world-class boating, fishing, and white sandy beaches just down the street. This property perfectly balances a relaxed coastal vibe with a proven track record of rental success. Schedule your showing today. A video tour is also available

Highlights

Listed by Courtney Pantalena , 850-738-4881 Coldwell Banker Realty , 850-650-4563. Emerald Coast Multiple Listing Services

Property Type

Residential

Lot/Acreage
0.18

Year Built

1956

County

Bay

Area

27 - Bay County

Neighborhood

Biltmore Beach

Listing ID

1007459

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Air Cond:Central Air
Fireplaces:

Exterior Features

Lot Dimensions:190x82x137x60
Zoning:Resid Single Family
Sewer:Septic Tank
Principal Interest
$2,315
Taxes
$398

Home Price

$419,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$83,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,314.91

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,314.91 $398.10 $0.00 $2,713.02
Yearly $27,778.98 $4,777.25 $0.00 $32,556.23
Total $833,369.27 $143,317.50 $0.00 $976,686.77

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Panama City Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T06:31:40.000Z

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