1908 Laurel Avenue, Panama City, FL 32405 (MLS# 786074)

List Price/SqFt: 182.63

Status: Active

List Date: 2026-02-25

List Price: $549,000

Current Price: $549,000

Sub Area: 0203 - Bay - Central SW

Community/Resort: None

Waterfront: No

Elementary School: Lucille Moore

Middle School: Jinks

High School: Bay

Directions: 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.

Area: 02 - Bay County - Central

Street #: 1908

Street Name: Laurel

Street Suffix: Avenue

State: FL

Zip Code: 32405

County: Bay

Subdivision: Drummond & Ware Add

Parcel ID: 28041-000-000

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

Design: N/A

Apx SqFt(Htd/Cooled): 3006

Construction Status: Construction Complete

SqFt Source: Prop App Site

# of Stories in Building: 2

Lot Dimensions: 81 x 132

New Construction: No

Garage Y/N: No

Driveway Spaces: 10

Pool: No

Sub-Type: Quadplex Multi-Units

Bedrooms: 7

Full Baths: 4

Total Baths: 4

Year Built: 1996

Homestead: No

HOA Fee: No

New Buyer Fee: No

Last Taxes: 4124

Last Tax Year: 2025

Brokerage Interest: No Interest

As Is: Yes

Remarks: 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.

Dishwasher: 1

Range - Electric: 1

Water Heater - Electric: 1

Roof - Composite Shngl: 1

Siding - Vinyl: 1

Cash: 1

Conventional: 1

Unfurnished: 1

City Street: 1

Parking Lot: 1

Resid Multi-Family: 1

Other - See Remarks: 1

Bedroom: 1

TV Cable: 1

Electricity - Connected: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

As Is: 1

First: 1

Second: 1

Central Air: 1

Electric: 1

Central: 1

Electric: 1