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5408 Pinetree Ave, Panama City Beach, FL, 32408

1beds
2baths
870sqft
$225,250
$259price/sqft
$1,875/moest. monthly cost
$75,000/yrincome needed

About This Home

Half a mile from the sand and priced to catch your eye -- this one-bedroom, one-and-a-half-bath attached home in the Thomas Drive area is the kind of easygoing coastal find that doesn't come along every day. With 870 square feet of single-story living, it's compact, breezy, and ready for someone with a paintbrush and a plan. The renovation work here is mostly cosmetic, so don't let the word scare you off. Think fresh paint, updated finishes, and a few personal touches rather than a gut job. The bones are good, which means you can spend your energy making it pretty instead of making it stand. A half bath downstairs is a handy bonus for guests who'd rather not wander far. Location is the real headliner. Public Beach Access #11 sits an easy distance away, so morning trips with sandy toes become a regular thing. You're also close to the Navy base, Florida State University's local campus, and Gulf Coast State College, making this a smart pick for a variety of buyers. Speaking of renters, there's no homeowners association here, and short-term rental potential adds a nice layer of income possibility. Northwest Florida Beaches International Airport keeps travel simple, and everything the coast offers is right at your fingertips. Whether you're chasing a beachy getaway, a first place, or a savvy investment, this little charmer checks the boxes. Come see it before someone else scoops it up. *Information provided is deemed reliable but is not guaranteed and should be independently verified by the buyer*

Getting Around

49
WalkingCar-Dependent
0
TransitVery Limited Transit
45
BikeSomewhat Bikeable

Schools

9/10
7/10
Surfside Middle SchoolGrades PK-127.3 mi
4/10
J.R. Arnold High SchoolGrades 9-125.4 mi

Construction

Condition

  • Year built: 2007

Materials

  • Roof: Shingle
  • Construction materials: Wood Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Duplex
  • Property subType: Duplex,Single Family Residence

Interior

Appliances

  • Appliances included: Electric Range,Electric Water Heater

Bedroom

  • Level: First
  • Dimensions: 14 x 11

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Great Room

  • Level: First
  • Dimensions: 16 x 10

Half Bath

  • Level: First

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 870
  • Total interior livable area: 870 sqft

Other

  • Level: First

Property

Details

  • Parcel number: 31803010000
  • Attached to another structure: Yes
  • Zoning description: County, Resid Single Family

Features

  • Fencing: Partial

Lot

  • Lot size: 2,613 sqft
  • Lot size dimensions: 25.0 ft x 120.0 ft

Parking

  • Parking features: Paved

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Lightning
Tornado
Tsunami

FEMA Declared Disasters in Bay County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,138$13,656
Home Insurance *$310$3,720
Property Taxes $230$2,760
Electricity $197$2,366
Total$1,875$22,500
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$64,285/yr
40% on housing$56,250/yr
45% on housing$50,000/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 6.0%
6.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$259This listing

vs Other Active Listings

Avg $/sqft

ZIP 32408$234
Bay County$242

vs Homes Sold Last Month

Median $/sqft

ZIP 32408$299
Bay County$205

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-20Listed for sale$225,250
2026-06-03Sold$235,000
2026-02-18Price change$285,000
2025-12-26Listed for sale$265,000
2025-02-01Listing removed$310,000
2024-09-18Listed for sale$310,000
2024-05-21Listing removed--
2024-02-18Listed for sale$345,000
2023-10-30Listing removed--
2023-08-01Listed for sale$345,000
2022-03-18Sold$235,000
2022-02-09Pending sale$268,000
2022-01-09Price change$268,000
2021-12-02Listed for sale$269,000
2021-01-21Sold$202,000
2021-01-08Contingent$215,000
2020-11-20Price change$215,000
2020-10-14Price change$212,500
2020-10-11Price change$215,000
2020-10-04Price change$218,000
2020-09-28Price change$219,000
2020-09-15Price change$219,500
2020-09-10Pending sale$219,000
2020-09-09Price change$219,000
2020-09-03Price change$224,000
2020-08-14Listed for sale$229,000
2020-02-21Sold$150,000
2017-10-24Sold$200,000
2005-06-27Sold$149,000
2004-04-08Sold$60,000

For Sale by Agent

AgentMaryAnn Enfinger
BrokerageOverstreet Realty

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