Live the Gulf Life on Florida’s Emerald Coast

Florida

523 Spring Avenue

Panama City, FL 32401

MLS#: 793533

$259,900

Status: Active
Listing number: 793533
Listing provided by: SimpliHOM
Listing agent phone: None
Last update: an hour ago
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Property

Beds

3

Full Baths

2

1/2 Baths

None

Year Built

2024

Sq.Footage

1,196

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 & Amenities

Interior

  • Total Bedrooms

    3

  • Bathrooms

    2

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    HardiPlank Type

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.17

  • Lot Size(square feet)

    7,405

  • Property Type

    Residential

  • Property Sub Type

    SingleFamilyResidence

  • Architectural Style

    Florida

Price

  • Sales Price

    $259,900

  • Tax Amount

    $2,761.32

  • Sq. Footage

    1,196

  • Price/SqFt

    $217

HOA

  • Association

    No

School District

  • Elementary School

    Cherry Street

  • Middle School

    Jinks

  • High School

    Bay

Property Features

  • Stories

    1

  • New Construction

    NO

  • Foundation Details

    Slab

  • Sewer

    Public Sewer

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Location

County

Bay

Elementary School

Cherry Street

Middle School

Jinks

High School

Bay

Listing Courtesy of Jennifer A LaChance , SimpliHOM

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Agent Nate Shand

REALTOR®

Nate Shand

Call Nate today to schedule a private showing.

(850) 238-7899

Nate@GulfLifeGo.com


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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.

523 Spring Avenue

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