1512 Kraft Avenue Panama City, Panama City, FL 32405

Building Details

Year Built

1985

Listing agent CAIN MCNEIL License #SL3358940

Listing office CENTURY 21 COMMANDER REALTY c***@gmail.com Show Phone

Listing date Aug 28, 2025

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 COMMANDER REALTY

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Overview

This property features eight townhomes located at 1512 Kraft Avenue and 1513 Bob Loftin in Panama City, Florida. The units are 100% occupied and require very little upkeep. Each unit includes 2 bedrooms and 1.5 bathrooms, with an approximate area of 973 square feet. The total property size is 8208 square feet. Each unit is separately metered for water and electric. Landlord responsibilities are limited to lawn care and maintenance. The property is located in Flood Zone X. Newer metal roofs and limited turnover make this an excellent addition to your portfolio.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Panama City

County

Walton

State

Florida

Longitude

-85.6222

Latitude

30.1756

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FAQs

What type of property is this?

Apartment building - Eight townhomes, fully occupied, low maintenance, excellent investment property.

Where is this apartment building located?

The property is located at 1512 Kraft Avenue Panama City Panama City, FL.

What is the asking price?

The asking price for this property is $995,917.

What are key features of this property?

This property features: 100% Occupied: Start generating income immediately with all units currently rented.; Low Maintenance: Enjoy minimal landlord responsibilities limited to lawn care and general upkeep.; Separately Metered Utilities: Simplify billing and expense tracking with individually metered units for water and electric.