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    523 Spring Avenue
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    PRICED AT ONLY: $279,950

    Address: 523 Spring Avenue, Panama City, FL 32401

    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.
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    • MLS#: 788002 ( Residential )
    • Street Address: 523 Spring Avenue
    • Viewed: 15
    • Price: $279,950
    • Price sqft: $237
    • Waterfront: No
    • Year Built: 2025
    • Bldg sqft: 1183
    • Bedrooms: 3
    • Total Baths: 2
    • Full Baths: 2
    • Days On Market: 32
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    Features
    Building and Construction
    • Covered Spaces: 0.00
    • Living Area: 0.00
    School Information
    • High School: Bay
    • Middle School: Jinks
    • School Elementary: Cherry Street
    Garage and Parking
    • Garage Spaces: 0.00
    • Open Parking Spaces: 0.00
    Utilities
    • Carport Spaces: 0.00
    • Sewer: PublicSewer
    Finance and Tax Information
    • Home Owners Association Fee: 0.00
    • Insurance Expense: 0.00
    • Net Operating Income: 0.00
    • Other Expense: 0.00
    • Pet Deposit: 0.00
    • Security Deposit: 0.00
    • Tax Year: 2025
    • Trash Expense: 0.00
    Other Features
    • Legal Description: PINECREST ADD LOT 22 BLK K ORB 4739 P 533
    • Area Major: 02 - Bay County - Central
    • Occupant Type: Tenant
    • Parcel Number: 22669-020-000
    • Style: Bungalow
    • The Range: 0.00
    • Views: 15
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