BEDS3
BATHS2 full
SQUARE FEET1,183
MLS#788002
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONPine Crest Add To Callaway
Property 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 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.
Property Features
Property Type: Residential - Single Family
Home Style: Bungalow
Lot Size: 0.17 Acres
Taxes: $2,761
Year Built: 2025
Feature Descriptions
Community Features: Short Term Rental Allowed
Days on Site: 1
Lot Dimensions: 47 x 160
Parcel#: 22669-020-000
Sewer: Public Sewer
Room Sizes
Bedroom: 11 X 12 Level - First
Bedroom: 11 X 12 Level - First
Primary Bedroom: 13 X 12 Level - First
Local Schools
High School: Bay
Middle School: Jinks
Elementary School: Cherry Street
Listed By / Shown By
Listed By
Agency Name: Panhandle Real Estate
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 934.78 per month $623.05 Principal & Interest $230.08 Property Tax $81.65 Homeowner's InsuranceChange Payment Information
523 Spring Avenue | MLS# 788002
This single family home located at 523 Spring Avenue , Panama City, FL 32401 is currently listed for sale with an asking price of $279,950. This property was built in 2025 and has 3 bedrooms and 2 full baths with 1183 sq. ft. Spring Avenue is located in the Pine Crest Add To Callaway subdivision. Search Pine Crest Add To Callaway real estate on www.realtymark.net today.