1908 Laurel Avenue, Panama City, FL 32405

Panama City
Local realty services provided by:ERA Neubauer Real Estate, Inc.
1908 Laurel Avenue,Panama City, FL 32405
$499,000
  • 7 Beds
  • 4 Baths
  • 3,006 sq. ft.
  • Multi-family
  • Active
Listed by: bill d nieland, maureen m nieland
Office: jones real estate and rentals llc.
MLS#:786074
Source:FL_BCMLS

Price summary

  • Price:$499,000
  • Price per sq. ft.:$166

About this home

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...

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Home facts

  • Year built:1996
  • Subdivision & Development:Drummond & Ware Add
  • Listing ID #:786074
  • Added:164 day(s) ago
  • Updated:August 13, 2026 at 02:32 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:7
  • Kitchen Description:Electric Range, Electric Water Heater
  • Living area:3,006 sq. ft.

Heating and cooling

  • Cooling:CentralAir
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1996
  • Building area:3,006 sq. ft.
  • Construction Materials:VinylSiding
  • Levels:2 Story

Schools

  • High school:Bay
  • Middle school:Jinks
  • Elementary school:Lucille Moore

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$499,000
  • Price per sq. ft.:$166
  • Tax amount:$4,124 (2025)

Features and amenities

  • Amenities:ElectricRange, ElectricWaterHeater

Parking

  • Parking description:Parking Lot
The information being provided by Central Panhandle Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Central Panhandle Association Of REALTORS®. ERA Neubauer Real Estate, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of ERA Neubauer Real Estate, Inc., a broker participant of Central Panhandle Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Central Panhandle Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Central Panhandle Association Of REALTORS®. All rights reserved.

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