Features & Amenities

Interior

  • Total Bedrooms

    3

  • Bathrooms

    2

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.17

  • Lot Size(square feet)

    7520.0

  • Property Type

    Residential

  • Property Sub Type

    SingleFamilyResidence

  • Architectural Style

    Bungalow

Price

  • Sales Price

    $279,950

  • Tax Amount

    $2,761

  • Sq. Footage

    1, 183

  • Price/SqFt

    $236

HOA

  • Association

    No

School District

  • Elementary School

    Cherry Street

  • Middle School

    Jinks

  • High School

    Bay

Property Features

  • New Construction

    NO

  • Sewer

    Public Sewer

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Location

County

Bay

Elementary School

Cherry Street

Middle School

Jinks

High School

Bay

Listing Courtesy of Thomas Bachelder , Panhandle Real Estate

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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.

523 Spring Avenue

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