531 Kraft Avenue, Panama City, FL 32401 (MLS# 689942)

531 Kraft Avenue, Panama City, FL 32401

$55,000

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,621 Lot Size (sq. ft.): 6,708 Status: Sold

Current Price: $55,000 List Date: 10/21/2019 Last Modified: 8/19/2026

Overview

Description

‘CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS’ This charming cottage home has a huge amount of potential! The home has 4 bedrooms, 2 baths, and a great floor plan. There are still a few repairs needed from Hurricane Michael, but it is livable. Some updating has already been started throughout the home. This would be a great opportunity to expand your rental portfolio or to finish to your liking and occupy. Property is being sold as-is and all sizes are approximate. Please measure and/or verify if important.

Listing Details MLS# 689942

Contract Info

List Price/SqFt: 46.88

Location

Area: 02 – Bay County – Central
Street #: 531
Street Name: Kraft
Street Suffix: Avenue
State: FL
Zip Code: 32401
County: Bay
Sub Area: 0202 – Bay – Central SE
Subdivision: Shermans Add
Community/Resort: None
Waterfront: No
Parcel ID: 23707-000-000
Elementary School: Parker
Middle School: Rutherford Middle
High School: Rutherford
Directions: From the Panama City Mall- Head west toward N Cove Blvd/Martin Luther King Jr Blvd Turn left onto N Cove Blvd/Martin Luther King Jr Blvd-1.9 miles Turn left onto US-98 BUS E-1.7 miles Turn left onto Kraft Ave- Home will be on the left
Legal Description: SHERMANS ADD LOT 8 BLK A ORB 479 P 184

General Property Info

Sub-Type: Detached Single Family
Design: Florida Cottage
Apx SqFt(Htd/Cooled): 1621
SqFt Source: Prop App Site
Full Baths: 2
Total Baths: 2
Year Built: 1945
Construction Status: Construction Complete
Lot Dimensions: 50X135
Acreage: 0.15
Lot Size (SqFt): 6708

Status Change Info

Under Contract Date: 2019-10-24
Sold Date: 2019-11-15
Sold Price/SqFt: 33.93
Sold Price/Acre: 366666.67

Parking Features

Carport Spaces: Yes
Carport Attached: Yes
Driveway: Yes

Listing Info, Tax and Legal

Homestead: Yes
HOA Fee: No
Is Subject Leased: No
New Buyer Fee: No
Last Taxes: 332
Last Tax Year: 2018
Brokerage Interest: No Interest
As Is: Yes

More Information

Remarks & Misc

Remarks: 'CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS' This charming cottage home has a huge amount of potential! The home has 4 bedrooms, 2 baths, and a great floor plan. There are still a few repairs needed from Hurricane Michael, but it is livable. Some updating has already been started throughout the home. This would be a great opportunity to expand your rental portfolio or to finish to your liking and occupy. Property is being sold as-is and all sizes are approximate. Please measure and/or verify if important.

Dining Room

First: Yes

Appliances

Dishwasher: Yes
Range – Electric: Yes

Interior Features

Fireplace: Yes

Construction/Siding

Block: Yes
Siding – Metal: Yes

Exterior

Porch Covered: Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Unfurnished: Yes

Kitchen

First: Yes

Living Room

First: Yes

Lot Access

City Street: Yes

Present Zoning

Resid Single Family: Yes

Rooms

Bedroom: Yes
Dining Room: Yes
Full Bathroom: Yes
Kitchen: Yes
Living Room: Yes

Utilities

All Utilities: Yes

Sale Type

As Is: Yes

Full Bathroom

First: Yes

Bedroom

First: Yes

Cooling

Ceiling Fan(s): Yes
Window Unit(s): Yes

Floors in Unit/Home

One: Yes

Property Features

Appliances: Dishwasher; Range – Electric Full Bathroom: First Bedroom: First Cooling: Ceiling Fan(s); Window Unit(s) Exterior: Porch Covered Financing: Cash; Conventional Furnished: Unfurnished Kitchen: First Living Room: First Lot Access: City Street Dining Room: First Parking Features: Carport Attached; Driveway Rooms: Bedroom; Dining Room; Full Bathroom; Kitchen; Living Room Sale Type: As Is Utilities: All Utilities Present Zoning: Resid Single Family

Room Information

Room Name	Level
Living Room	First

Listing Office: CENTURY 21 Commander Realty

Last Updated: August – 19 – 2026

Information deemed reliable but not guaranteed.