For Sale
House for sale at 509 Pinetree Dr #A & B, Panama City Beach, FL 32413 | MLS# 796030 | Listing updated on 2026-09-30
Photo 1 of House for sale at 509 Pinetree Dr #A & B, Panama City Beach, FL 32413 | MLS# 796030 | Listing updated on 2026-09-30
Photo 2 of House for sale at 509 Pinetree Dr #A & B, Panama City Beach, FL 32413 | MLS# 796030 | Listing updated on 2026-09-30
Photo 3 of House for sale at 509 Pinetree Dr #A & B, Panama City Beach, FL 32413 | MLS# 796030 | Listing updated on 2026-09-30
Photo 4 of House for sale at 509 Pinetree Dr #A & B, Panama City Beach, FL 32413 | MLS# 796030 | Listing updated on 2026-09-30
19+
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Street View

$279,997

Monthly Est:$1,394

  • Beds Icon3 Beds
  • Beds Icon
    3 Baths
  • Beds Icon2,228sqft

509 Pinetree Dr #A & B, Panama City Beach, FL 32413

$1,394/moEst:

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  • Duplex

  • Built in 1993

  • $-- HOA

  • 0.24 acre lot

  • $126/sq.ft

Description

INVESTOR'S DREAM on the highly desirable west end of Panama City Beach! This unique property offers TWO separate units on a double lot, creating multiple opportunities for the savvy investor. Utilize the existing units as short-term vacation rentals, generate steady income with long-term rentals, or explore the potential to finish the downstairs garage area to create additional usable space and increase the property's income potential.

Looking for a larger redevelopment opportunity? Take advantage of the double lot and explore the possibility of removing the existing structures and building brand-new construction. With its west-end location near 30A and the beaches, th
is property offers flexibility that's increasingly hard to find in Panama City Beach.

Whether you're looking for STR potential, long-term rental income, a value-add project, or a future new-build opportunity, 509 Pinetree Drive gives you multiple ways to make the property work for your investment strategy. Bring your vision and take advantage of this rare west-end opportunity!

  • Houzeo last checked: 13 minutes ago
  • Listing updated: September 30, 2026 at 2:24 am
  • Listing Provided by: Kyle C Ballif (850) 610-1555 DRE #3280394 | Salty Marlin Realty LLC (850) 615-2406
  • Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 796030 Bay/Panama City/Central Panhandle MLS-FL

Part of

Building
509 Pinetree Dr
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Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Bay County

  • City

    Panama City Beach

  • Neighborhood

    --

  • Year Built

    1993

  • HOA Fees

    -

  • Finished Area

    2,228 sqft

  • Lot Size

    0.24 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Bay/Panama City/Central Panhandle MLS

  • MLS Number

    796030

  • MLS Status

    Active

  • Days on Market

    9

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 3

    Bathrooms: 3

  • Bedroom

    Level: First

    Area: 100.00 Square Feet

    Dimensions: 10 x 10

  • Bedroom

    Level: First

    Area: 100.00 Square Feet

    Dimensions: 10 x 10

  • Bedroom

    Level: First

    Area: 100.00 Square Feet

    Dimensions: 10 x 10

Construction

  • Year Built

    Year Built: 1993

  • Home type

    Duplex

  • Architectural Style

    Duplex

  • Roof

    Asphalt

Other Features

  • Subdivision Name

    Inlet Beach Heights

  • Community Features

    Short Term Rental Allowed

Price History

DateEventPrice

09/30/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #796030

Listed for Sale

$279,997 +86.79%

$126/sqft

01/29/2021

Source: #100251725

Sold

$149,900

$67/sqft

Nearby Homes

Based on information from Central Panhandle Association of REALTORS® MLS through Oct 09, 2026, 11:30AM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2026 Bay Central Panhandle Association of REALTORS®

Advertising Broker: Moe Mossa (Savvy Avenue) | Savvy Avenue, LLC