1908 Laurel Avenue, Panama City, FL 32405
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  • MLS#: 786074 ( Residential )
  • Street Address: 1908 Laurel Avenue
  • Viewed: 1
  • Price: $599,000
  • Price sqft: $199
  • Waterfront: No
  • Year Built: 1996
  • Bldg sqft: 3006
  • Bedrooms: 7
  • Total Baths: 4
  • Full Baths: 4
  • Additional Information
  • Geolocation: 30.1836 / -85.7134
  • County: BAY
  • City: Panama City
  • Zipcode: 32405
  • Subdivision: Drummond & Ware Add
  • Elementary School: Lucille Moore
  • Middle School: Jinks
  • High School: Bay
  • Provided by: JONES REAL ESTATE AND RENTALS LLC
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  • Description
    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.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
  • Roof: Composition, Shingle
School Information
  • High School: Bay
  • Middle School: Jinks
  • School Elementary: Lucille Moore
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: ParkingLot
Eco-Communities
  • Pool Features: Other, SeeRemarks
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir
  • Heating: Central, Electric
  • Road Frontage Type: CityStreet
  • Sewer: PublicSewer
  • Utilities: CableConnected, ElectricityAvailable
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2025
  • Trash Expense: 0.00
Other Features
  • Appliances: ElectricRange, ElectricWaterHeater
  • Legal Description: DRUMMOND & WARE ADD LOT 14 & S 15' LOT 15 & W1/2 OF VACATED ALLEY LYING ADJACENT TO PCLS BLK 28 ORB 4137 P 1091
  • Levels: Two
  • Area Major: 02 - Bay County - Central
  • Occupant Type: Occupied
  • Parcel Number: 28041-000-000
  • The Range: 0.00