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 PROPERTY 523 Spring Avenue, Panama City, FL 32401, MLS#788002 - Residential
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Hardeep Kumar Yh

HR Moon Homes
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  4. 523 Spring Avenue, Panama City, FL 32401
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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: 5
  • 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: 9

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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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
Nearby Subdivisions
[no Recorded Subdiv]   Bayou   Bayou Plat   Bayview Add   Bayview Heights   Bry-co Park   Bunkers Cove   Caroline Add Unit 1 Amend   Caroline Add Unit 2   Caroline Addition   Cogburn's 1st Add   Cove   Cove Pointe   Cove Terrace   Cove Terrace 3rd Add   Del-mar Plat   Dell Whatley   Dixie Heights   East Bay Preserve   East Springfield   Ellis, E.d.   Glenwood Addition   Grove Heights   Grove Hill   Gulf Coast Dev Co Plat   Gulf Coast Dev Second Addition   Gulfview Addition   Harmon Plat   Holmes Add- Millville   Hursts Replat   Keiths Bay Harbor Add   Lakeside   Landing At Lake Caroline   M. N. Kneece Replat   Massalina Bayou Townhouses   N Highland   No Named Subdivision   Oakland Terr Sub 18th   Old Mill Addition   Old Orchard   Old Orchard 1st Add   Old Town Plat   Pine Crest Add To Callaway   Pine Forest Est Ph 1   Pine Orchards Hgts 1st Add   Pine View   Pinecrest Add.   Robindale   Rosenwald Heights   Shermans 2nd Add   Springfield   St Andrew Estates   Sudduths 10th Add   Sudduths 18th Add   Sudduths 1st Add   Sudduths 4th Add  
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  1. Bedrooms: 3
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