523 Spring Avenue, Panama City, FL 32401

$275,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,183 Lot Size (sq. ft.): 7,520 Status: Active
Current Price: $275,000 List Date: 4/07/2026 Last Modified: 6/27/2026

Overview

Description

Welcome to Coral Spring — a beautifully constructed 2025 home offering modern design, income potential, and an unbeatable central location in Panama City. Ideally situated, this property places you close to everything: Approximately 2 miles to Downtown Panama City 5 miles to Historic St. Andrews 8 miles to Tyndall Air Force Base 1 mile to Ascension Sacred Heart Bay Hospital 1 mile to Watson's Landing Marina 12 miles to Panama City Beach 22 miles to Mexico Beach This 3-bedroom, 2-bathroom residence has already proven itself as a high-performing asset, generating approximately $30,000 in short- to mid-term rental income over the past 12 months. Whether you're seeking immediate cash flow or a flexible living arrangement, this property delivers. Inside, you'll find a thoughtfully designed floor plan featuring contemporary finishes and low-maintenance, newer construction. The home is available fully furnished for a true turnkey investment opportunity, allowing for seamles

Listing Details MLS# 788002

Contract Info

List Price/SqFt
232.46

Location

Area
02 – Bay County – Central
Street #
523
Street Name
Spring
Street Suffix
Avenue
State
FL
Zip Code
32401
County
Bay
Sub Area
0202 – Bay – Central SE
Subdivision
Pine Crest Add To Callaway
Community/Resort
None
Waterfront
No
Parcel ID
22669-020-000
Elementary School
Cherry Street
Middle School
Jinks
High School
Bay
Directions
South on Sherman , East on E 6th to Spring Ave. Right on Spring.
Legal Description
PINECREST ADD LOT 22 BLK K ORB 4739 P 533

General Property Info

Sub-Type
Detached Single Family
Design
Bungalow
Apx SqFt(Htd/Cooled)
1183
SqFt Source
Builders Plans
Full Baths
2
Total Baths
2
Year Built
2025
Construction Status
Construction Complete
New Construction
No
Garage Y/N
No
Lot Dimensions
47 x 160
Acreage
0.17
Lot Size (SqFt)
7520
Pool
No

Listing Info, Tax and Legal

HOA Fee
No
New Buyer Fee
No
Last Taxes
2761
Last Tax Year
2025
Brokerage Interest
No Interest

Remarks & Misc

Remarks
Welcome to Coral Spring — a beautifully constructed 2025 home offering modern design, income potential, and an unbeatable central location in Panama City. Ideally situated, this property places you close to everything: Approximately 2 miles to Downtown Panama City 5 miles to Historic St. Andrews 8 miles to Tyndall Air Force Base 1 mile to Ascension Sacred Heart Bay Hospital 1 mile to Watson's Landing Marina 12 miles to Panama City Beach 22 miles to Mexico Beach This 3-bedroom, 2-bathroom residence has already proven itself as a high-performing asset, generating approximately $30,000 in short- to mid-term rental income over the past 12 months. Whether you're seeking immediate cash flow or a flexible living arrangement, this property delivers. Inside, you'll find a thoughtfully designed floor plan featuring contemporary finishes and low-maintenance, newer construction. The home is available fully furnished for a true turnkey investment opportunity, allowing for seamless continuation as a rental. Alternatively, it can be delivered unfurnished to suit owner-occupants. Perfect as a primary residence, second home, or income-producing property, this nearly new build combines modern comfort with proven performance in one of Panama City's most up-and-coming areas. Additional Opportunity: Property may also be leased at $2,600/month, inclusive of furnishings, linens, utilities, and WiFi.

Furnished

Furnished
Yes

More Information

Rooms

Bedroom
Yes
Primary Bedroom
Yes

Utilities

Public Sewer – Connected
Yes
Public Water – Connected
Yes

Primary Bedroom

First
Yes

Bedroom

First
Yes

Property Features

Primary Bedroom: First Bedroom: First Furnished: Furnished Rooms: Bedroom; Primary Bedroom Utilities: Public Sewer – Connected; Public Water – Connected

Room Information

Room Name Level Dimensions Length Width Remarks
Primary Bedroom First 13 x 12 13.00 12.00 All measurements are approximate and should be verified if important.
Bedroom First 11 x 12 11.00 12.00
Bedroom First 11 x 12 11.00 12.00
Listing Office: Panhandle Real Estate
Last Updated: June – 27 – 2026
Information deemed reliable but not guaranteed.