1512 Kraft Avenue, Panama City, FL 32405
$995,917
Property Type:
Commercial for Sale
Square Footage:
8,208
Lot Size (sq. ft.):
20,909
Status:
Active
Current Price:
$995,917
List Date:
8/28/2025
Last Modified:
2/10/2026
Description
8 Townhomes (1512 Kraft and 1513 Bob Loftin) 100% occupied in a central location with very little upkeep needed. All units are 2 beds, 1.5 baths approx 973sqft. All units are separately metered for water and electric. Landlord responsibilities are limited to lawn care and maintenance. Flood zone X. Newer metal roofs with limited turnover will make these an excellent addition to your portfolio.
More Information MLS# 778262
Contract Info
List Price/SqFt: 121.33
List Date: 2025-08-28
List Price: $995,917
Current Price: $995,917
Sub-Type: Multi-Family
Location
Sub Area: 0201 – Bay – Central NE
Community/Resort: None
Waterfront: No
Elementary School: Cedar Grove
Middle School: Everitt
High School: Rutherford
Directions: Traveling east on Highway 98, turn left on Kraft Avenue properties are 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
General Property Info
List Class: Apartment
Acreage: 0.48
Construction Status: Construction Complete
SqFt Tot Bldg: 8208
Year Built: 1985
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: 8 Townhomes (1512 Kraft and 1513 Bob Loftin) 100% occupied in a central location with very little upkeep needed. All units are 2 beds, 1.5 baths approx 973sqft. All units are separately metered for water and electric. Landlord responsibilities are limited to lawn care and maintenance. Flood zone X. Newer metal roofs with limited turnover will make these an excellent addition to your portfolio.
Financing
Cash: 1
Conventional: 1
Floors in Unit/Home
Two: 1
Multi-Family
# of Units: 8
Status Change Info
Status: Active
Property Features
Financing: Cash; Conventional
Listing Office:
CENTURY 21 Commander Realty
Last Updated: February – 10 – 2026
Information deemed reliable but not guaranteed.