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523 Spring Avenue

Panama City FL 32401

3
2
1196 sq. ft.
7405 sq. ft.
Single-Family
Currently for sale - view listing

Overview

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.

Features

3 bedrooms
2 bathrooms
1196 sq. ft. floor area
7405 sq. ft. lot size
Single-Family

Happy sellers in Panama City

89%
89% of sellers in Panama City reported that their sale price either exceeded or met their price expectations.

Panama City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Panama City over the last 12 months.

Local market activity for 3 bedroom single-family properties in Panama City

In the last 12 months, 152 three-bedroom single-family properties similar to 523 Spring Avenue, have been sold.

This represents a 14% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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