523 Spring Avenue, Panama City, FL 32401
New Listing
$259,900
Property Type:
Residential
Bedrooms:
3
Baths:
2
Square Footage:
1,196
Lot Size (sq. ft.):
7,405
Status:
Active
Current Price:
$259,900
List Date:
8/04/2026
Last Modified:
8/04/2026
Listing Details MLS# 793533
Contract Info
- List Price/SqFt
- 217.31
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
- One block off Business 98
- Legal Description
- PINECREST ADD LOT 22 BLK K ORB 4739 P 533
General Property Info
- Sub-Type
- Detached Single Family
- Design
- Florida Cottage
- Apx SqFt(Htd/Cooled)
- 1196
- SqFt Source
- Prop App Site
- Full Baths
- 2
- Total Baths
- 2
- # of Stories in Building
- Yes
- Accessory Dwelling Unit
- No
- Year Built
- 2024
- Immediate Occupancy
- Yes
- Pre-Const Flip
- No
- Construction Status
- Construction Complete
- New Construction
- No
- Garage Y/N
- No
- Driveway Spaces
- 2
- Lot Dimensions
- 47.0 ft x 160.0 ft
- Acreage
- 0.17
- Lot Size (SqFt)
- 7405
- Pool
- No
Listing Info, Tax and Legal
- Homestead
- No
- HOA Fee
- No
- Is Subject Leased
- No
- New Buyer Fee
- No
- Last Taxes
- 2761.32
- Last Tax Year
- 2025
- Brokerage Interest
- No Interest
- As Is
- Yes
- Township
- Panama City Bea
Remarks & Misc
- Remarks
- Welcome to Coral Spring — a beautifully built 2025 construction home that is currently being operated as a short-mid term rental and offers modern comfort in an unbeatable up and coming central Panama City location! Location is key, and this property places you right in the middle of everything: 2 miles to Downtown Panama City and less than a mile to Ascension Sacred Heart Bay Hospital and Watson Landing Marina, 5 miles to Historic St. Andrews, 8 miles to Tyndall Air Force Base, and just 12 miles to the white sandy beaches! This 3-bedroom, 2-bathroom home 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 an investor seeking immediate cash flow or a homeowner wanting flexibility, this property delivers. Inside, you'll find a thoughtfully designed layout with contemporary finishes, low-maintenance construction, and the option to purchase fully furnished (turnkey) — making it ready to continue operating as a rental from day one. Prefer a primary residence? The home can also be delivered unfurnished to suit your needs. Whether you're looking for a primary residence, vacation home, or income-producing property, this nearly new build checks all the boxes with modern construction, proven revenue, and a prime location.
Family Room
- First
- Yes
More Information
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Oven – Electric
- Yes
- Range – Electric
- Yes
- Refrigerator
- Yes
- Washer
- Yes
Construction/Siding
- Foundation – Slab on Grade
- Yes
- Roof – Composite Shngl
- Yes
- Siding – Hardie Board
- Yes
Exterior
- Fenced Lot-Part
- Yes
Furnished
- Negotiable
- Yes
Kitchen
- First
- Yes
Rooms
- Bedroom
- Yes
- Family Room
- Yes
- Kitchen
- Yes
Utilities
- Electricity – Connected
- Yes
- Public Sewer – Connected
- Yes
- Public Water – Connected
- Yes
Bedroom
- First
- Yes
Cooling
- Central Air
- Yes
Heating
- Central
- Yes
Property Features
Appliances:
Dishwasher; Dryer; Oven – Electric; Range – Electric; Refrigerator; Washer
Bedroom:
First
Cooling:
Central Air
Heating:
Central
Exterior:
Fenced Lot-Part
Furnished:
Negotiable
Kitchen:
First
Family Room:
First
Rooms:
Bedroom; Family Room; Kitchen
Utilities:
Electricity – Connected; Public Sewer – Connected; Public Water – Connected
Room Information
| Room Name | Level | Dimensions | Length | Width |
|---|---|---|---|---|
| Family Room | First | 20 x 12 | 20.00 | 12.00 |
| Kitchen | First | 16 x 12 | 16.00 | 12.00 |
| Bedroom | First | 15 x 12 | 15.00 | 12.00 |
Listing Office:
SimpliHOM
Last Updated: August – 04 – 2026
Information deemed reliable but not guaranteed.