Sold
Address
1512 Kraft Avenue, Panama City, FL
Price
$ 430,000
Property Attributes
- MLS#791362
- TypeMulti-Family
- Listing Status Closed
- CountyBay
- CityPanama City
- Area02 - Bay County - Central
- NeighborhoodNo Named Subdivision
- Zip32405
- Style
- Year Built1985
- Price$ 430,000
- Bedrooms8
- Full Bathrooms6
- Half Bathrooms4
- Sqr Footage4104
- Lot Size0.23 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
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! Listing agent is the seller.
| Elementary School | Middle School | High School |
|---|---|---|
| Cedar Grove Elementary School | Rutherford Middle Middle School | Rutherford High School |
| Price History | |
|---|---|
| 6/15/2026 | Listed $529,000 |
| 8/2/2026 | 6$499,000 |
| 8/6/2026 | 3$485,000 |
| 8/10/2026 | 1$479,000 |
| 8/13/2026 | 1$475,000 |
| 8/24/2026 | 1$479,000 |
| 8/26/2026 | 2$469,500 |
| 9/3/2026 | 2$479,000 |
| 9/16/2026 | 4$499,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Property Subtype | Quadruplex |
| Tax Year | 2025 |
| County | Bay |
| Property Type | Residential |
| HOA | false |
| Subdivision Name | No Named Subdivision |
| Status | Closed |
| Directions | Traveling west on Highway 98 turn right on Kraft Ave, property is on the right. |
| High School | Rutherford |
| City | Panama City |
| MLS Area | 02 - Bay County - Central |
| Lot Size Units | Acres |
| Lot Size Square Feet | 20909 |
| Elementary School | Cedar Grove |
| Middle/Junior High School | Rutherford Middle |
| MLS Area Minor | 0201 - Bay - Central NE |
| Standard Status | Closed |
| Property Sub Type Additional | Quadruplex |
| Occupancy Type | Occupied |
| Year Built | 1985 |
| Garage Y/N | false |
| Total Rooms | 8 |
| Full Baths | 6 |
| New Construction | false |
Interior Features
| Total Baths | 10 |
|---|---|
| Furnished Units | None |
| Total Bedrooms | 8 |
| LivingAreaSource | Appraiser |
| Half Baths | 4 |
Exterior Features
| Lot Size Area | 0.23 |
|---|---|
| Lot Dimensions | 112.0 ft x 92.0 ft |
| Lot Size Acres | 0.23 |
| Building Area Total | 4104 |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 32405
Price
Year Built
In The Neighborhood
Just Listed
Panama City
$ 285,000
128 Central Avenue
Panama City, FL 32401
- Type
- Multi-Family
- Size
- 1,732 SqFt
- Rooms
- 4 Beds + 3 Baths
Panama City
$ 499,000
7300 Sunset Avenue A & B
Panama City, FL 32408
- Type
- Multi-Family
- Size
- 1,896 SqFt
- Rooms
- 4 Beds + 2 Baths
Panama City
$ 350,000
314 & 316 Bayou Avenue
Panama City, FL 32401
- Type
- Multi-Family
- Size
- 2,438 SqFt
- Rooms
- 6 Beds + 4 Baths
Panama City
$ 1,797,000
1623 N James Avenue
Panama City, FL 32405
- Type
- Multi-Family
- Size
- 11,664 SqFt
- Rooms
- 2 Beds + 1.5 Baths
Port St Joe
$ 449,000
509 8th Street
Port St Joe, FL 32456
- Type
- Multi-Family
- Size
- 1,914 SqFt
- Rooms
- 4 Beds + 3 Baths
Panama City Beach
$ 745,000
133 Gwyn Drive
Panama City Beach, FL 32408
- Type
- Multi-Family
- Size
- 3,732 SqFt
- Rooms
- 8 Beds + 8 Baths
Port St Joe
$ 329,000
8201 Pelican Walk Lane
Port St Joe, FL 32456
- Type
- Multi-Family
- Size
- 800 SqFt
- Rooms
- 2 Beds + 1.5 Baths
Panama City
$ 2,185,000
5237 Thomas Drive A & B
Panama City, FL 32408
- Type
- Multi-Family
- Size
- 5,156 SqFt
- Rooms
- 10 Beds + 9 Baths
Port St Joe
$ 589,900
605 10th Street
Port St Joe, FL 32456
- Type
- Multi-Family
- Size
- 2,825 SqFt
- Rooms
- 5 Beds + 4 Baths
Marianna
$ 209,999
4305 Lafayette Street
Marianna, FL 32446
- Type
- Multi-Family
- Size
- 2,076 SqFt
- Rooms
- 5 Beds + 3 Baths
Panama City
$ 599,000
726 Detroit Avenue
Panama City, FL 32401
- Type
- Multi-Family
- Size
- 3,891 SqFt
- Rooms
- 9 Beds + 6 Baths
Mexico Beach
$ 689,900
717 Fortner Avenue
Mexico Beach, FL 32456
- Type
- Multi-Family
- Size
- 2,218 SqFt
- Rooms
- 4 Beds + 2 Baths
Mexico Beach
$ 1,300,000
108 Hwy 98
Mexico Beach, FL 32456
- Type
- Multi-Family
- Size
- 2,048 SqFt
- Rooms
- 4 Beds + 3 Baths
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
