Property Attributes
- MLS#1005549
- TypeSingle Family
- Listing Status Active
- CountyBay
- CityPanama City
- AreaBay County
- NeighborhoodSHERMANS ADDN
- Zip32401
- StyleCraftsman Style
- Year Built2026
- Price$ 229,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1183
Data Source:
Emerald Coast MLS (ECAR)
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 |
| 7/6/2026 | 4$239,900 |
| 8/3/2026 | 5$229,000 |
General Features
| Utilities | Electric |
|---|---|
| Zoning | Resid Single Family |
| Property Subtype | Detached Single Family |
| County | Bay |
| Property Type | Residential |
| Subdivision Name | SHERMANS ADDN |
| 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 |
| MLS Area | 27 - Bay County |
| Lot Size Units | Acres |
| Elementary School | Parker |
| Middle/Junior High School | Rutherford ( Middle ) |
| MLS Area Minor | 2702 - Bay - Central SE |
| Standard Status | Active |
| Cooling | Ceiling Fans |
| Architectural Style | Craftsman Style |
| Year Built | 2026 |
| Stories Count | 1 |
| New Construction | false |
| Total Rooms | 5 |
| Carport Y/N | false |
| Property Condition | Construction Complete |
Interior Features
| Total Baths | 2 |
|---|---|
| Air Conditioning Y/N | true |
Exterior Features
| Lot Dimensions | 50x135 |
|---|---|
| Building Area Total | 1183 |
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
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