5500-04 Pinetree Avenue

Panama City Beach, FL 32408

$1,800,000
Price
12
Beds
12
Baths
8,160 Sq. Ft.
$221 / Sq. Ft.
8,160
Sq. Ft.
$221
per Sq. Ft.

Description

Investment opportunity, Three Quadraplexes, all 100% occupied. Great location on Panama City Beach with easy access to the beach, Navy Base, St. Andrews State Park and great restaurants. Each of the 12 units are one bedroom and one bath with full kitchen. All units are under professional property mgt and rented long term currently but could be used as Short-Term rentals also. Entire complex is very well maintained, along with new roofs in 2019. Owner will consider owner financing, call for more details.Investment opportunity, Three Quadraplexes, all 100% occupied. Great location on Panama City Beach with easy access to the beach, Navy Base, St. Andrews State Park and great restaurants. Each of the 12 units are one bedroom and one bath with full kitchen. All units are under professional property mgt and rented long term currently but could be used as Short-Term rentals also. Entire complex is very well maintained, along with new roofs in 2019. Owner will consider owner financing, call for more details.

Property Details for 5500-04 Pinetree Avenue

Waterfront
No
Parking Features
Driveway, Paved
Subdivision Name
Biltmore Beach
Zoning Description
Resid Multi-Family

Location

Listing Courtesy of ERA Neubauer Real Estate, Inc
Add your commute
LISTING UPDATED: 04/03/2024 08:04 AM

Property Details for 5500-04 Pinetree Avenue

StatusActive
MLS #752895
Days on Market101
Taxes$2,397 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential / Quadruplex
Year Built1981
Lot Size0.41 AC / 17,859 SF
CountyBay County

Location

Listing Courtesy of ERA Neubauer Real Estate, Inc
Add your commute

Building Information for 5500-04 Pinetree Avenue

Stories2Residences12Year Built1981Building Size-Lot Size0.41 AC / 17,859 SF

Payment Calculator

$10,023 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,823

Property Taxes

$200

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5500-04 Pinetree Avenue

Summary
Location and General Information
  • City: Panama City Beach
  • County Or Parish: Bay
  • Directions: East on Thomas Dr. to left on Biltmore to right on Pinetree Ave., Quads on your left
  • Postal Code: 32408
  • Latitude: 30.146461
  • Longitude: -85.754822
  • State Or Province: FL
  • Road Frontage Type: City Street
  • MLS Area Major: 03 - Bay County - Beach
  • MLS Area Minor: 0323 - Beach - South of Grand Lagoon
Taxes and HOA Information
  • Parcel Number: 31808-000-000
  • Association: No
  • Tax Annual Amount: $2,397.00
  • Tax Legal Description: BILTMORE BEACH LOT 9 BLK G ORB 3491 P 1196 MAP 70B2
  • Tax Year: 2023
School Information
  • Elementary School: Patronis
  • High School: Arnold
  • Middle Or Junior School: Surfside
Parking
  • Garage: No
Property
Lot Information
  • Lot Size Acres: 0.41
  • Lot Size Dimensions: 150x120
  • Lot Size Square Feet: 17860.0
  • Living Area: 8160.0
  • Living Area Source: Appraiser
Property and Assessments
  • Year Built: 1981
  • Human Modified: No
Utilities
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Septic Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Fence
  • Community Features: Short Term Rental Allowed
  • Patio And Porch Features: Open, Porch
  • Roof: Composition, Shingle
Interior Features
  • Stories Total: 2
  • Flooring: Plank, Vinyl
  • Bathrooms Full: 12
  • Bathrooms Total: 12
  • Bedrooms Total: 12
  • Cooling: Yes
  • Cooling: Ceiling Fans, Electric
  • Heating: Yes
  • Heating: Central, Electric
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Refrigerator
Room Information
Room 1
  • Room Area: 64.0
  • Room Dimensions: 8 x 8
  • Room Length: 8.0
  • Room Level: First
  • Room Type: Primary Bedroom
  • Room Width: 8.0
Room 2
  • Room Area: 120.0
  • Room Dimensions: 12 x 10
  • Room Length: 12.0
  • Room Level: First
  • Room Type: Primary Bedroom
  • Room Width: 10.0
Room 3
  • Room Area: 120.0
  • Room Dimensions: 12 x 10
  • Room Length: 12.0
  • Room Level: First
  • Room Type: Kitchen
  • Room Width: 10.0
Room 4
  • Room Area: 150.0
  • Room Dimensions: 15 x 10
  • Room Length: 15.0
  • Room Level: First
  • Room Type: Living Room
  • Room Width: 10.0
Room 5
  • Room Area: 64.0
  • Room Dimensions: 8 x 8
  • Room Length: 8.0
  • Room Level: First
  • Room Type: Primary Bathroom
  • Room Width: 8.0
Room 6
  • Room Area: 120.0
  • Room Dimensions: 12 x 10
  • Room Length: 12.0
  • Room Level: First
  • Room Type: Primary Bedroom
  • Room Width: 10.0
Room 7
  • Room Area: 120.0
  • Room Dimensions: 12 x 10
  • Room Length: 12.0
  • Room Level: First
  • Room Type: Kitchen
  • Room Width: 10.0
Room 8
  • Room Area: 150.0
  • Room Dimensions: 15 x 10
  • Room Length: 15.0
  • Room Level: First
  • Room Type: Living Room
  • Room Width: 10.0
Room 9
  • Room Area: 64.0
  • Room Dimensions: 8 x 8
  • Room Length: 8.0
  • Room Level: First
  • Room Type: Primary Bathroom
  • Room Width: 8.0
Room 10
  • Room Area: 120.0
  • Room Dimensions: 12 x 10
  • Room Length: 12.0
  • Room Level: First
  • Room Type: Primary Bedroom
  • Room Width: 10.0
Room 11
  • Room Area: 120.0
  • Room Dimensions: 12 x 10
  • Room Length: 12.0
  • Room Level: First
  • Room Type: Kitchen
  • Room Width: 10.0
Room 12
  • Room Area: 150.0
  • Room Dimensions: 15 x 10
  • Room Length: 15.0
  • Room Level: First
  • Room Type: Living Room
  • Room Width: 10.0
Multi Family
Multi-Family Information
  • Number Of Units In Community: 12
Rental
Rental Information
  • Occupant Type: Occupied

Property History for 5500-04 Pinetree Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 5500-04 Pinetree Avenue

This home is within Bay.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 12
Public - 6 to 8
Public - PK to 5
Rating
School
Distance
Patronis Elementary School
PublicPK to 5

J.R. Arnold High School
PublicPK to 12

Surfside Middle School
Public6 to 8

St. Andrew School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5500-04 Pinetree Avenue is a multi-family home for sale in Panama City Beach, FL 32408. This property was listed for sale on February 16, 2024 by ERA Neubauer Real Estate, Inc, it's currently listed at $1,800,000. This listing's school district is Bay. Nearby schools include Patronis Elementary School, J.R. Arnold High School and Surfside Middle School. 5500-04 Pinetree Avenue is a 12-bed, 12-bath, 8,160 sqft multi-family home built in 1981.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ERA Neubauer Real Estate, Inc

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.