Skip main navigation
For sale
    • Price cut: $4K (8/13)
    $475,000

    1512 Kraft Ave, Panama City, FL 32405

    8beds
    4,104sqft
    : 
    $3,019/mo
    Get pre-qualified
    Quadruplex, Multi Family
    Built in 1985
    -- sqft lot
    $-- Zestimate®
    $116/sqft
    $-- HOA

    What's special

    New metal roof
    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!
    62 days
    |
    446
    |
    38
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Cain McNeil 850-814-0530,

    CENTURY 21 Commander Realty

    Source: CPAR,MLS#: 791362MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 10
      • Full bathrooms: 6
      • 1/2 bathrooms: 4
      Rooms
      • Room types: Bedroom
      Bedroom
      • Level: Second
      • Dimensions: 12 x 11
      Bedroom
      • Level: Second
      • Dimensions: 12 x 11
      Bedroom
      • Level: Second
      • Dimensions: 12 x 11
      Bedroom
      • Level: Second
      • Dimensions: 12 x 11
      Bedroom
      • Level: Second
      • Dimensions: 11 x 11
      Bedroom
      • Level: Second
      • Dimensions: 11 x 11
      Bedroom
      • Level: Second
      • Dimensions: 11 x 11
      Bedroom
      • Level: Second
      • Dimensions: 11 x 11
      Interior area
      • Total structure area: 4,104
      • Total interior livable area: 4,104 sqft

      Property

      Lot
      • Size: 10,018 Square Feet
      • Dimensions: 112.0 ft x 92.0 ft
      Details
      • Parcel number: 14861030000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex, Multi Family
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1985

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Subdivision: No Named Subdivision
      HOA
      • Has HOA: No
      Location
      • Region: Panama City

      Financial & listing details

      • Price per square foot: $116/sqft
      • Tax assessed value: $367,911
      • Annual tax amount: $4,703
      • Date on market: 6/15/2026
      • Cumulative days on market: 61 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,921/mo

        Price history

        DateEventPrice
        8/13/2026Price change$475,000-0.8%$116/sqft
        Source: CPAR #791362 Report a problem
        8/10/2026Price change$479,000-1.2%$117/sqft
        Source: CPAR #791362 Report a problem
        8/6/2026Price change$485,000-2.8%$118/sqft
        Source: CPAR #791362 Report a problem
        8/2/2026Price change$499,000-5.7%$122/sqft
        Source: CPAR #791362 Report a problem
        6/15/2026Listed for sale$529,000+5.8%$129/sqft
        Source: CPAR #791362 Report a problem
        4/16/2026Listing removed$499,917$122/sqft
        Source: CPAR #782267 Report a problem
        4/13/2026Listed for sale$499,917$122/sqft
        Source: CPAR #782267 Report a problem
        3/11/2026Pending sale$499,917$122/sqft
        Source: CPAR #782267 Report a problem
        2/10/2026Price change$499,917-4.8%$122/sqft
        Source: CPAR #782267 Report a problem
        1/29/2026Price change$525,000-2.8%$128/sqft
        Source: CPAR #782267 Report a problem
        1/26/2026Price change$539,917-1.8%$132/sqft
        Source: CPAR #782267 Report a problem
        1/7/2026Price change$549,917-1.8%$134/sqft
        Source: CPAR #782267 Report a problem
        12/22/2025Price change$559,917-1.1%$136/sqft
        Source: CPAR #782267 Report a problem
        12/15/2025Price change$565,917-1.7%$138/sqft
        Source: CPAR #782267 Report a problem
        12/9/2025Price change$575,917-4%$140/sqft
        Source: CPAR #782267 Report a problem
        12/3/2025Listed for sale$599,917+50%$146/sqft
        Source: CPAR #782267 Report a problem
        7/17/2024Listing removed--
        Source: CPAR #757446 Report a problem
        6/12/2024Listed for rent$1,150
        Source: CPAR #757446 Report a problem
        6/12/2024Listing removed--
        Source: Zillow Rentals Report a problem
        5/22/2024Listed for rent$1,150
        Source: Zillow Rentals Report a problem
        1/19/2022Sold$400,000$97/sqft
        Source: CPAR #721210 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,703 +2.4%$367,911 +4%
        2023$4,591 +246.9%$353,856 +251.1%
        2022$1,324 $100,780
        2021-- --
        2020$1,315 -0.8%$96,093 -1%
        2019$1,325 $97,102 -41.7%
        2018$1,325 -39.4%$166,573 -0.5%
        2017$2,188 -2.1%$167,400 -0.8%
        2016$2,235 -10.2%$168,776 -4.5%
        2015$2,489 $176,766 -1.4%
        2014$2,489 $179,192 -1.9%
        2012-- $182,611 +2.4%
        2011-- $178,360 -12.5%
        2008-- $203,851 +10.9%
        2007-- $183,768 +1.8%
        2006-- $180,528 +11.7%
        2005-- $161,664 +5.1%
        2004-- $153,852 +10.3%
        2002-- $139,460 +12.1%
        2000-- $124,456
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: Cedar Grove

        Getting around

        23 / 100
        Car-Dependent
        20 / 100
        Minimal Transit
        30 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Cedar Grove
        • Middle: Rutherford Middle
        • High: Rutherford

        Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby neighborhoods

              Nearby zip codes

              Other Panama City Topics

                Search
                Updates
                Favorites
                Plan
                Inbox