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
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.