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$549,917

  • For Sale
  • Active
  • Multi-Family
  • 0.48 Acres
  • Updated 12 days ago
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Turn key quadplex in a great central location convenient to Highway 98. Property boasts a new metal roof after Hurricane Michael, excellent rental history and little maintenance. Owner responsibilities are limited with each unit being separately metered and residents paying their own utilities. Live in one and rent out the rest to or rent all 4 for a cash flow machine!

Full Property Details for 1512 Kraft Ave

General

  • Price: $549,917
  • Taxes: $4,703 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Bay_County
  • MLS ID: 782267
  • Updated: 1/7/2026
  • Added to Site: 47 day(s) ago

Interior

  • Number of Rooms: 8

Rooms

Bathrooms

  • Total Bathrooms: 8
  • Full Bathrooms: 4
  • Half Bathrooms: 4

Bedrooms

  • Total Bedrooms: 8

Location

  • County: Bay
  • Subdivision: No Named Subdivision
  • Driving Directions: Traveling west on Highway 98, turn right on Kraft Ave, property is on the right.

School Information

  • Elementary School: Cedar Grove
  • Middle School: Rutherford Middle
  • High School: Rutherford

Community

  • Community Name: 02 - Bay County - Central

Utilities

  • Sewer: Public Sewer

Structural Information

  • Sq. Ft. Source: Appraiser
  • Year Built: 1985

Lot Features

  • Lot Size (Acres): 0.48
  • Lot Size (Sq. Ft.): 20,909
  • Lot Size: .48
  • Lot Dimensions: 112 x 92

Financial Considerations

  • Tax Amount: $4,703
  • Tax Year: 2024

Disclosures and Reports

  • 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
  • Property ID: 14861-030-000

Listed by CENTURY 21 Commander Realty

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Listing agent

— 1512 Kraft Ave —

  • CENTURY 21 Commander Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1512 Kraft Ave

School District:Bay County School District
NameGradesDistance
Cedar Grove Elementary School
2826 East 15th Street, Panama City, FL 32405
PK-50.1 mi
Rutherford High School
1000 School Avenue, Panama City, FL 32401
6-80.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1512 Kraft Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/07/2026
Price Reduced
$549,917
-1.79%
MLS
12/22/2025
Price Reduced
$559,917
-1.06%
MLS
12/15/2025
Price Reduced
$565,917
-1.74%
MLS
12/09/2025
Price Reduced
$575,917
-4%
MLS
12/03/2025
Listed
$599,917
-25.01%
MLS
1/18/2022
Sold
$800,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1512 Kraft Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,703
2%
$367,911
4%
2023
$4,591
254%
$353,856
270%
2021
$1,296
-2%
$95,532
-5%
2022
$1,324
2%
$100,780
5%
2021
$1,296
-2%
$96,093
-1%
2019
$1,325
-39%
$97,102
-42%
2018
$2,188
-2%
$166,573
—
2017
$2,234
-3%
$167,400
-1%
2016
$2,310
-7%
$168,776
-5%
2015
$2,489
-1%
$176,766
-1%
2014
$2,518
11%
$179,192
-1%
2013
$2,267
—
$181,613
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by CENTURY 21 Commander Realty

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1512 Kraft Avenue, Panama City, FL 32405 (MLS# 782267) is a Multi-Family property with units containing 8 bedrooms, 4 full bathrooms and 4 partial bathrooms. 1512 Kraft Avenue is currently listed for $549,917 and was received on December 03, 2025. Want to learn more about 1512 Kraft Avenue? Do you have questions about finding other Multi-Family real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

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