523 Spring AVE Panama City, FL 32401
3 Beds
2 Baths
1,196 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,196 sqft
Price per Sqft $217
Subdivision Pine Crest Add To Callaway
MLS Listing ID 793533
Style Florida
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 2024
Annual Tax Amount $2,761
Tax Year 2025
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Single Family Residence
Property Description
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.
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 02 - Bay County - Central
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Electric Oven, Electric Range
Exterior
Fence Partial
Community Features Short Term Rental Allowed
Roof Type Composition,Shingle
Private Pool No
Building
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Architectural Style Florida
Level or Stories One
New Construction No
Schools
Elementary Schools Cherry Street
Middle Schools Jinks
High Schools Bay
Others
Restrictions Short Term Rentals Allowed
Tax ID 22669-020-000
Nearby Locations
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