1512 Kraft Avenue, Panama City, FL 32405 (MLS# 791362)

List Price/SqFt: 128.9

Status: Active

List Date: 2026-06-15

List Price: $529,000

Current Price: $529,000

Sub Area: 0201 - Bay - Central NE

Community/Resort: None

Waterfront: No

Elementary School: Cedar Grove

Middle School: Rutherford Middle

High School: Rutherford

Directions: Traveling west on Highway 98 turn right on Kraft Ave, property is on the right.

Area: 02 - Bay County - Central

Street #: 1512

Street Name: Kraft

Street Suffix: Avenue

State: FL

Zip Code: 32405

County: Bay

Subdivision: No Named Subdivision

Parcel ID: 14861-030-000

Legal Description: 35 3S 14W-46.11-117C3- BEG 773' E & 213' N OF SW COR TH N112' E 92' S 112' W 92' TO POB. (KRAFT AV) SUBJ TO UTILITY ESMNTS ORB 4513 P 746

Acreage: 0.23

Design: N/A

Lot Size (SqFt): 20909

Apx SqFt(Htd/Cooled): 4104

Construction Status: Construction Complete

SqFt Source: Prop App Site

Half Baths: 4

Lot Dimensions: 112.0 ft x 92.0 ft

New Construction: No

Garage Y/N: No

Pool: No

Sub-Type: Quadplex Multi-Units

Bedrooms: 8

Full Baths: 6

Total Baths: 10

Year Built: 1985

HOA Fee: No

New Buyer Fee: No

Last Tax Year: 2025

Brokerage Interest: Equitable Interest - Listing Broker/Salesperson has equitable interest in the property.

Remarks: Turn key quadplex in a great central location convenient to Highway 98. Each townhouse is 2 beds, 1.5 baths. Property boasts a new metal roof after Hurricane Michael and an excellent rental history. Owner responsibilities are limited with each unit being separately metered for water and electric with residents paying their own utilities. Live in one and rent out the rest to or rent all 4 for a cash flow machine!

Cash: 1

Conventional: 1

FHA: 1

VA: 1

Unfurnished: 1

Bedroom: 1

Electricity - Connected: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

Other - See Remarks: 1

Second: 1