6118 Pinetree Avenue, Panama City Beach, FL 32408

$400,000
5
BD
3
BA

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Sold Price
$400,000
List Price
$425,000
Closing Date
Nov 26, 2024
MLS#
753943
Bedrooms
5
Bathrooms
3
Full-baths
3
Acres
0.08
Lot Size
3,485
Subdivision
Biltmore Beach
Year Built
1985

Property Description

INVESTORS DREAM HOME with HUGE PRICE REDUCTION ON THIS FIXER. Nestled in an unbeatable location just steps away from the gulf to the south and the bay to the north, this 3-story, 5-bedroom, 3-full bath home offers the potential to be the perfect beach home. The first floor features its own entrance and can function as a separate living space, perfect for rentals. With 3 bedrooms and 1 bath, it offers ample space for guests or tenants. Short term and long term rentals are permitted, providing you with flexibility and income potential. The second floor is the main living space complete with a spacious kitchen, living room, 1 bedroom/1 bathroom, and is accessible via the deck. The third floor is a large primary bedroom suite, offering a private bathroom, balcony, and even room for an office. 4 public boat ramps are conveniently located in the neighborhood. This home requires some updating to achieve its full potential as the perfect beach retreat., The seller is upgrading to sewer. Its prime location, versatile layout, and income potential make it an opportunity not to be missed. Being sold AS IS with right of inspection.

Additional Information

Stories
3
Exterior Features
Deck
Lot Dimensions
99x35
Appliances
Electric Range, Electric Water Heater
Elementary School
Patronis
Middle School
Surfside
High School
Arnold

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Calculator source: Real Geeks

Listing courtesy of Counts Real Estate Group Inc. Selling Office: Dalton Wade Inc.