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1908 Laurel Avenue
Panama City, FL 32405

$599,000 - Status: Active
Bed Icon Beds: 7
Bath Icon Baths: 4 full
Sq Feet Icon SQFT (H&C): 3,006
MLS Icon MLS# 786074

Quadplex First Floor, 3 Bedroom 2 Bath with Kitchen & Living Room. Second Floor, with private entrance. 2 Each, 2 Bedroom 1 Bath units with Kitchen & Living Room. Best use owners occupy First Floor, Rent/Lease out Second Floor units, per month. All units separately metered both Power and PC Water/Septic. Great way to offset Mortgage. Rent out second floor Pro forma at $1600. 00 each per month. Tenants pay their own power and PC utilities. Currently used as a strong investment, Multifamily First floor, with private bedrooms, shared amenities kitchen and 2 baths. Second floor, 2 units with private bedrooms 1 bath, shared amenities kitchen and bath. Rent varies from $175. 00 to $225. 00 per week per bedroom. January 2026 gross income $6225. 00, with 22% vacancy. Current annual Expenses, Taxes $4124. 00, Insurance $4000. 00, PC utilities $16,000. 00. Dimensions and Measurements not verified, Buyer to measure to own satisfaction. All measurements are approximate. All information in this listing is believed to be accurate but must be verified by Buyer or Buyer's agent.

Property Features

MLS#: 786074
Zip: 32405
Subdivision: Drummond Ware Add
Development: 0203 - Bay - Central Sw
Property Type: Multi Unit - Multiple
Cooling: Central Air
Days on Site: 47
Heating: Central, Electric
Lot Size:
Roof Type: Composition, Shingle
Stories: 2.0
Taxes: $4,124
Year Built: 1996
SQFT (H&C): 3,006

Feature Descriptions

Appliances: Electric Range, Electric Water Heater
Community Features: Short Term Rental Allowed
Exterior: Vinyl Siding
Lot Dimensions: 81 x 132
Parcel#: 28041-000-000
Parking: Parking Lot
Parking Notes: Parking Lot
Pool: Other, See Remarks
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Available

Room Sizes

Bedroom: 9 X 12 Level - Second
Bedroom: 9 X 10 Level - Second
Bedroom: 9 X 10 Level - Second
Bedroom: 9 X 10 Level - First
Bedroom: 12 X 14 Level - First
Bedroom: 9 X 10 Level - Second
Bedroom: 10 X 10 Level - First

Local Schools

High School: Bay
Middle School: Jinks
Elementary School: Lucille Moore

1908 Laurel Avenue | MLS# 786074

This multi-family property located at 1908 Laurel Avenue, Panama City, FL 32405 is currently listed for sale with an asking price of $599,000. Search Panama City real estate on www.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: JONES REAL ESTATE AND RENTALS LLC

Shown By

Agency Title: Beachy Beach Real Estate
Agency Phone: 850-233-4351

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