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1908 Laurel Avenue, Panama City, FL 32405 Active
$499,000

1908 Laurel Avenue, Panama City, FL 32405

Panama City, FL 32405
  • 7 Beds
  • 4 Baths
  • 3,006 Sq Ft
  • 1996 Built
  • MLS 786074

About this home

Quadplеx Fіrѕt Flοor, 3 Βedrοom 2 Bath with Kitchen & Living Roοm. Secοnd 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 details

Property typeQuadruplex
StatusActive
Area02 - Bay County - Central
SubdivisionDrummond & Ware Add
CityPanama City
CountyBay
Zip32405
Taxes$4,124
Tax year2025
Special conditionsListedAsIs

Interior

Total rooms7
Full baths4
AppliancesElectricRange,ElectricWaterHeater
CoolingCentralAir
HeatingCentral,Electric

Exterior & lot

Lot dimensions81 x 132
RoofComposition,Shingle
PoolOther,SeeRemarks
ParkingParkingLot
Road frontageCity Street

Schools

ElementaryLucille Moore
MiddleJinks
HighBay

Community

Community featuresShort Term Rental Allowed
DirectionsFrom the Hathaway Bridge take Hwy 98 east approx. 1 mile, left on Mound Ave, one block to right on 19th street one block, left on Laurel Ave property on right.

Data source: Central Panhandle Association of REALTORS®

Location

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