523 Spring Avenue, Panama City, FL 32401
Local realty services provided by:Better Homes and Gardens Real Estate Historic
523 Spring Avenue,Panama City, FL 32401
$259,900
- 3 Beds
- 2 Baths
- 1,196 sq. ft.
- Single family
- Active
Listed by: jennifer a lachance
Office: simplihom
MLS#:793533
Source:FL_BCMLS
Price summary
- Price:$259,900
- Price per sq. ft.:$217.31
About this home
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....
Contact an agent
Home facts
- Year built:2024
- Subdivision & Development:Pine Crest Add To Callaway
- Listing ID #:793533
- Added:14 day(s) ago
- Updated:August 18, 2026 at 02:33 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:3
- Kitchen Description:Electric Oven, Electric Range
- Living area:1,196 sq. ft.
Heating and cooling
- Cooling:CentralAir
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Composition, Shingle
- Year built:2024
- Building area:1,196 sq. ft.
- Lot area:0.17 Acres
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Bay
- Middle school:Jinks
- Elementary school:Cherry Street
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$259,900
- Price per sq. ft.:$217.31
- Tax amount:$2,761 (2025)
Features and amenities
- Amenities:ElectricOven, ElectricRange
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