20
See all 20 photos
$279,950
Est. payment /mo
3 Beds
2 Baths
1,183 SqFt
Active
523 Spring AVE Panama City, FL 32401
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,183 sqft
Price per Sqft $236
Subdivision Pine Crest Add To Callaway
MLS Listing ID 788002
Style Bungalow
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 2025
Annual Tax Amount $2,761
Tax Year 2025
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Single Family Residence
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.
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.
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 02 - Bay County - Central
Interior
Fireplace No
Exterior
Community Features Short Term Rental Allowed
Private Pool No
Building
Sewer Public Sewer
Architectural Style Bungalow
New Construction No
Schools
Elementary Schools Cherry Street
Middle Schools Jinks
High Schools Bay
Others
Tax ID 22669-020-000
Listed by Panhandle Real Estate
NEARBY SCHOOL & BUSINESS
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