1908 Laurel Avenue, Panama City, FL 32405
- $499,000
- 7
- BD
- 4
- BA
- List Price
- $499,000
- Status
- ACTIVE
- Price Change
- ▼ $50,000 1781912490
- MLS#
- 786074
- Subtype
- Residential
- Year Built
- 1996
- Bedrooms
- 7
- Bathrooms
- 4
- Full Baths
- 4
- Subdivision
- Drummond & Ware Add
- Neighborhood
- Bay - Central SW
- MLS Area Major
- Bay County - Central
Property 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.
Additional Information
- Zoning
- Resid Multi-Family
- Appliances
- Electric Range, Electric Water Heater
- Heating
- Central, Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Vinyl Siding
- Stories
- 2
- Levels
- Two
- Roof
- Composition, Shingle
- Parking
- Parking Lot
- Elementary School
- Lucille Moore
- Middle School
- Jinks
- High School
- Bay
Listing courtesy of JONES REAL ESTATE AND RENTALS LLC.