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6118 Pinetree Ave, Panama City Beach, FL, 32408

$475,000

Home List Price

$5,641*

Closing Credit

5 Bedrooms
3 Full Baths
2,280 SqFt
$208/SqFt
House
Schools Nearby

Location

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6118 Pinetree Ave, Panama City$475,000

Buyer Closing Credits

$5,641*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1985
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
MLS #753943
Lot Size0.08 Acres
StatusActive

About 6118 Pinetree Ave

INVESTORS DREAM HOME with HUGE PRICE REDUCTION. 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., Its prime location, versatile layout, and income potential make it an opportunity not to be missed. Being sold AS IS with right of inspection.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1985
  • Living Area: 2,280 SqFt

Listing Office:

  • Office Name: Keller Williams Success Realty

Interior Features

Interior Information:

  • Appliances: Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Flooring Type: Carpet, Tile
  • Interior: Pantry, Paneling/Wainscoting

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Deck, Fence

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)

School Info

Assigned Schools Information:

  • J.R. Arnold High School, Public District Grades 9-12
  • Surfside Middle School, Public District Grades 6-8
  • Patronis Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Going west on Thomas Dr turn right onto Crescent and right onto Pinetree Ave. Home is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $475,000
  • Price Per SqFt: $208/SqFt

Tax Information:

  • Annual Amount: $967
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Panama City, FL.

Med. Sold Price

$347.6K

Med. Price/SqFt

$204

Avg. Days On Market

61

# of Sold Homes

211

6118 Pinetree Ave vs Panama City

53 DAYS ON ROCKET

-8 Days

$475,000

+$127.3K More

$208/SqFt

+$3 More

KEY TAKEAWAY

This property is $127.3K more than the Median Sold Price and $3/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #753943

Listing Office:

  • Office Name: Keller Williams Success Realty

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 12:15:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$967$113,962
2018$935$109,323
2017$918$107,074

History based on county public records data.

Payment Calculator

$2,438

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,491

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4790279
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.25 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4790280
5
/10
  • Surfside Middle School

  • 300 Nautilus St

  • 6.71 miles

  • Public District Grades 6-8

High School

school-card-donut-4790281
5
/10
  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 4.77 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,841. The most common annual income of people living in Panama City, FL is between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 6118 Pinetree Ave

What is the listing price of this property?

The listing price of 6118 Pinetree Ave property is $475,000.

What type of property is this?

The property 6118 Pinetree Ave is a house located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 6118 Pinetree Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 6118 Pinetree Ave are:
Patronis Elementary School: GreatSchools Rating 7/10
Surfside Middle School: GreatSchools Rating 5/10
J.R. Arnold High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $967 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 6118 Pinetree Ave has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 6118 Pinetree Ave is 2,280 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 6118 Pinetree Ave is 1985.

Rocket HomesFloridaBay CountyPanama City324086118 Pinetree Ave

This home is located at 6118 Pinetree Ave in Panama City Beach, FL and zip code 32408 in the Biltmore Beach neighborhood. This 2,280 square foot home, which was built in 1985, sits on a 0.08 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 10, 2024 and is currently priced at $475,000.

Panama City, FL housing market in April 2024 saw over 30 listings sold above listed price, more than 51 sold at listed price and over 130 sold below. The inventory of homes for sale in Panama City, FL between March 2024 and April 2024 increased by 4.7%. While the average time on the market in April 2024 was 61 days, the median list price was $347,653.

From Rocket Homes Real Estate and based on county public records data.

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