New Construction
Address
521 Kraft Avenue, Panama City, FL
Price
$ 229,000
Property Attributes
  • MLS#791399
  • TypeSingle Family
  • Listing Status Active
  • CountyBay
  • CityPanama City
  • Area02 - Bay County - Central
  • NeighborhoodShermans Add
  • Zip32401
  • Style
  • Year Built2026
  • Price$ 229,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1183
  • Lot Size0.15 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description

MOTIVATED SELLER -- BRING ALL OFFERS! This is the one everyone's been waiting for 521 Kraft Ave delivers the perfect combination of modern design, flexibility, and investment potential in a brand-new 2026-built home right in the heart of Panama City. Inside, you'll find a bright, open layout with durable Luxury Vinyl Plank flooring throughout completely carpet-free for easy maintenance and everyday living. The kitchen features sleek finishes, an electric cooktop and oven, a built-in ice maker, and a tankless water heater for added efficiency and convenience Whether you're searching for a primary residence, a second home, or an investment opportunity, this property gives you options. With NO HOA and the ability to be used as a short-term rental, you have the freedom to make it fit your needs Step outside to a fully fenced backyard--perfect for pets, weekend BBQs, entertaining friends, or simply enjoying your own private outdoor space The seller is motivated and ready to consider offers, making this an opportunity you won't want to miss. If you've been looking for a move-in-ready, newly built home in Panama City with flexibility and no added restrictions, this one deserves a spot on your list Schedule your private showing today and see everything 521 Kraft Ave has to offer

Elementary School Middle School High School
Parker Elementary School Rutherford Middle Middle School Rutherford High School
Price History
6/16/2026 Listed $248,900
7/8/2026 4$239,900
8/3/2026 5$229,000

General Features

Utilities ElectricityAvailable
Property Subtype SingleFamilyResidence
Tax Year 2026
Community Features ShortTermRentalAllowed
County Bay
Property Type Residential
HOA false
Subdivision Name Shermans Add
Status Active
Directions From East Avenue, turn left onto 6th Street, then turn right onto Kraft Avenue. The property will be on your right.
High School Rutherford
City Panama City
Zoning Description Resid Single Family
MLS Area 02 - Bay County - Central
Lot Size Units Acres
Lot Size Square Feet 6534
Elementary School Parker
Middle/Junior High School Rutherford Middle
MLS Area Minor 0202 - Bay - Central SE
Standard Status Active
Property Sub Type Additional SingleFamilyResidence
Year Built 2026
Heating Electric
Cooling CentralAir,CeilingFans
Appliances ElectricRange
Construction Materials SteelFrame,WoodFrame
Garage Y/N false
Total Rooms 3
Full Baths 2
Architectural Style Craftsman
New Construction true

Interior Features

Total Baths 2
Interior Amenities MainLevelPrimary
Furnished Units Partially
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 3
LivingAreaSource Appraiser

Exterior Features

Lot Size Area 0.15
Lot Dimensions 50x135
Lot Size Acres 0.15
Building Area Total 1183
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 Single Family Average in 32401

Price
AVG $370K
$230K
Year Built
AVG 1979
2026

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