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$65,000 Just Listed
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Property Description
Build your dream home on this conveniently located residential lot in the heart of Panama City. Value is in the land. Existing home is being sold as-is with no contributory vale and is likely a tear-down. Buyer to verify all information and conduct their own due diligence. Situated just minutes from schools, shopping, restaurants, and local parks, this property offers an excellent opportunity for a primary residence or investment. The lot provides easy access from East Avenue, with a left turn onto 6th Street followed by a right onto Kraft Avenue, making commuting throughout Panama City quick and convenient. Whether you're ready to build now or looking to secure land for the future, this centrally located property offers endless potential in an established area close to everything Panama City has to offer.
Full Property Details
Full Property Details for 603 Kraft Ave
General
- Price: $65,000
- Taxes: (2025)
- Status: Active
- Type: Land Residential
- Source: Bay_County
- MLS ID: 792922
- Updated: 7/20/2026
- Added to Site: 1 day(s) ago
Location
- County: Bay
- Subdivision: Shermans Add
- Driving Directions: From East Avenue, turn left onto 6th Street, then turn right onto Kraft Avenue.
School Information
- Elementary School: Parker
- Middle School: Everitt
- High School: Rutherford
Community
- Community Name: 02 - Bay County - Central
Utilities
- Utility Description: Sewer Available
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,148
- Lot Size: .21
- Lot Dimensions: 71.0 ft x 132.0 ft
- Lot Features: Paved
- Zoning: Resid Single Family
Financial Considerations
- Tax Year: 2025
Disclosures and Reports
- Legal Description: 11 4S 14W -241- 118C2 BEG 644' E & 597' S OF NW COR TH S 71' W 132' N 71' E 132' TO POB ORB 3190 P 445
- Property ID: 23249-000-000
Listed by Salty Marlin Realty LLC
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Schools
Schools serving 603 Kraft Ave
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Cedar Grove Elementary School 2826 East 15th Street, Panama City, FL 32405 | PK-5 | 1.1 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 603 Kraft Ave
Date
Details
Price
Change
Source
7/20/2026
Listed
$65,000
—
MLS
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
Tax History for 603 Kraft Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,171
-14%
$74,294
10%
2024
$1,362
5%
$67,352
4%
2023
$1,302
40%
$64,627
46%
2021
$929
-19%
$44,371
-25%
2022
$1,144
23%
$59,087
41%
2021
$929
37%
$41,919
—
2019
$677
-15%
$41,882
-21%
2018
$799
—
$52,743
-1%
2017
$796
-3%
$53,114
-1%
2016
$820
-3%
$53,486
-1%
2015
$849
4%
$53,857
3%
2014
$814
6%
$52,051
-2%
2013
$766
—
$52,937
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 603 Kraft Ave
603 Kraft Avenue, Panama City, FL 32401 (MLS# 792922) is a Land Residential property with a lot size of 0.21 acres. 603 Kraft Avenue is currently listed for $65,000 and was received on July 20, 2026. Want to learn more about 603 Kraft Avenue? Do you have questions about finding other Land Residential 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.

