5722 Pinetree Ave, Panama City, FL 32408

**CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS** Adorable, updated and upgraded ''beach house'' located in the desirable Biltmore Beach neighborhood in the South Lagoon area of Panama City Beach. A perfect home for a primary residence where others vacation, as a secondary vacation home, or as an income producing property for investors looking for an attractive, income-generating short term rental. ACTUAL gross annual rental revenue history (NOT estimated rental projections) of $91, 714 in 2022 and $124, 030 in 2023 for the current owners during their two years of ownership. This tropical oasis is located just four short blocks from some of the world's most beautiful, white sugar sand beaches and there's easy access to the boat ramps on Grand Lagoon just around the corner! The east PCB location is close to shopping, St. Andrews State Park and some of the best local dining establishments in the area. This well laid-out home boasts three bedrooms (with two bedrooms on the ground level) and two full bathrooms, as well as a spacious bonus room on the second floor, which can be used as an additional bedroom or living space that leads out to a large balcony overlooking the backyard pool, where you can relax and enjoy beautiful sunsets and the fresh Gulf breeze. The home has been recently beautifully renovated with LVP flooring and updated bathrooms and kitchen with stainless steel appliances and granite countertops. The fenced back yard