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
…
(Read more)
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.
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.