BEDS7
BATHS4 full
SQUARE FEET3,006
MLS#786074
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONDrummond Ware Add
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric
Lot Size: 81 x 132
Roof Type: Composition, Shingle
Stories: 2.0
Taxes: $4,124
Year Built: 1996
Feature Descriptions
Appliances: Electric Range, Electric Water Heater
Community Features: Short Term Rental Allowed
Days on Site: 31
Exterior: Vinyl Siding
Lot Dimensions: 81 x 132
Parcel#: 28041-000-000
Parking: Parking Lot
Parking Notes: Parking Lot
Pool: Other, See Remarks
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Available
Room Sizes
Bedroom: 9 X 12 Level - Second
Bedroom: 9 X 10 Level - Second
Bedroom: 9 X 10 Level - Second
Bedroom: 9 X 10 Level - First
Bedroom: 12 X 14 Level - First
Bedroom: 9 X 10 Level - Second
Bedroom: 10 X 10 Level - First
Local Schools
High School: Bay
Middle School: Jinks
Elementary School: Lucille Moore
Listed By / Shown By
Listed By
Agency Name: JONES REAL ESTATE AND RENTALS LLC
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 1,851.49 per month $1,333.11 Principal & Interest $343.67 Property Tax $174.71 Homeowner's InsuranceChange Payment Information
1908 Laurel Avenue | MLS# 786074
This multi-family property located at 1908 Laurel Avenue , Panama City, FL 32405 is currently listed for sale with an asking price of $599,000. Search Panama City real estate on www.realtymarkllc.com today.