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523 Spring Avenue
Panama City, FL 32401

$279,950 - Status: Active

Beds: 3

Baths: 2 full

SQFT (H&C): 1,183

MLS# 788002

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.

Property Features

MLS#: 788002

Zip: 32401

Subdivision: Pine Crest Add To Callaway

Development: 0202 - Bay - Central Se

Property Type: Residential - Single Family

Days on Site: 1

Home Style: Bungalow

Lot Size: 0.17 acres

Taxes: $2,761

Year Built: 2025

SQFT (H&C): 1,183

Feature Descriptions

Community Features: Short Term Rental Allowed

Lot Dimensions: 47 x 160

Parcel#: 22669-020-000

Sewer: Public Sewer

Room Sizes

Bedroom: 11 X 12 Level - First

Primary Bedroom: 13 X 12 Level - First

Local Schools

High School: Bay

Middle School: Jinks

Elementary School: Cherry Street

523 Spring Avenue | MLS# 788002

This single family home located at 523 Spring Avenue , Panama City, FL 32401 is currently listed for sale with an asking price of $279,950. This property was built in 2025 and has 3 bedrooms and 2 full baths with 1183 sq. ft. Spring Avenue is located in the Pine Crest Add To Callaway subdivision. Search Pine Crest Add To Callaway real estate on the-beninateam.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: Panhandle Real Estate

Shown By

Agent Name: Lauren and Nick Beninate
Agent Phone: (706) 615-5336
Agency Title: Beachy Beach Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/09/2026. The listing information on this page last changed on 04/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 04/09/2026 8:23:09 AM EST) or Emerald Coast MLS (last updated Thu 04/09/2026 8:15:28 AM EST) or Central Panhandle Association of Realtors (last updated Thu 04/09/2026 1:17:22 AM EST). Real estate listings held by brokerage firms other than Beachy Beach Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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523 Spring Avenue Panama City, FL 32401