Active

1908 Laurel Avenue

Panama City, FL 32405

$549,000 $2,314/Mo

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Overview

Bed

Bath

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.

Property Details

Property Type : Residential

Price : $549,000

AD Id : 75727009

MLS Id : 786074

Beds : 7

Year Built : 1996

County : Bay

Subdivision: Park Corner Condo

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 7

Bathroom Information

Total Baths: 4 Full Baths: 4

Room Information

Rooms Total: 7

Roofing Information

Composition, Shingle
Interior Features

Roof: Composition, Shingle

Appliances: ElectricRange, ElectricWaterHeater
Heating & Cooling

Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir

Building Information

Year Built: 1996

Building Area Total: 3006

Construction Materials: VinylSiding

Stories: 2

Pool Features: Other, SeeRemarks

Private Pool: No

Lot Information

Lot Dimensions: 81 x 132

Property Information

Subdivision: Drummond & Ware Add Source Property Type: Residential MLS Area Minor: 0203 - Bay - Central SW Zoning Description: Resid Multi-Family Property SubType: Quadruplex Levels: Two Property Age: 30

Listing Price Information

Listing Price: $549000

Original Price: $599000

Tax Information

Parcel Number: 28041-000-000 Tax Year: 2025 Annual Tax: $4124 Tax Legal Desc: DRUMMOND & WARE ADD LOT 14 & S 15' LOT 15 & W1/2 OF VACATED ALLEY LYING ADJACENT TO PCLS BLK 28 ORB 4137 P 1091

Virtual Tour

Virtual Tour (External Link)

Parking Information

ParkingLot

School Information

Elementary School: Lucille Moore Junior High School: Jinks Senior High School: Bay
Utility Information

CableConnected, ElectricityAvailable
Location Information

Direction: From 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.

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft
3407 Hillcrest Drive, Panama City, FL, 32405	$415,000	4	3	--
3334 Ten Acre Road, Panama City, FL, 32405	$299,999	4	2	--
2602 Glenview Avenue, Panama City, FL, 32405	$322,500	3	2	--
3214 Douglas Road, Panama City, FL, 32405	$195,000	3	2	--
3140 Douglas Road, Panama City, FL, 32405	$360,000	3	2	--
3512 Ormond Avenue, Panama City, FL, 32405	$380,000	3	2	--
3117 Debra Boulevard, Panama City, FL, 32405	$160,000	2	2	--
3112 Douglas Road, Panama City, FL, 32405	$346,500	3	2	--
3116 Douglas Road, Panama City, FL, 32405	$365,000	3	2	--
3109 E Orlando Road, Panama City, FL, 32405	$104,900	3	3	--

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ByOwner last updated this listing 06/06/2026 @ 23:45

MLS: 786074 LISTED BY: Bill Nieland, JONES REAL ESTATE AND RENTALS LLC 850-814-4548 SOURCE: CPAR