Find Your Emerald Coast Home Live the Gulf Life!

1908 Laurel Avenue

Panama City , FL 32405

MLS#: 786074

$599,000

Status: Active
Listing number: 786074
Listing provided by: JONES REAL ESTATE AND RENTALS LLC
Listing agent phone: None
Last update: an hour ago
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Drummond & Ware Add - Residential

Property

Beds

7

Full Baths

4

1/2 Baths

None

Year Built

1996

Sq.Footage

3,006

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.

Features & Amenities

Interior

  • Total Bedrooms

    7

  • Bathrooms

    4

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Vinyl Siding

  • Parking

    Parking Lot

  • Pool

    Yes

  • Pool Features

    Other, See Remarks

  • Waterfront YN

    NO

Area & Lot

  • Property Type

    Residential

  • Property Sub Type

    Quadruplex

Price

  • Sales Price

    $599,000

  • Tax Amount

    $4,124

  • Zoning

    Resid Multi-Family

  • Sq. Footage

    3, 006

  • Price/SqFt

    $199

HOA

  • Association

    No

School District

  • Elementary School

    Lucille Moore

  • Middle School

    Jinks

  • High School

    Bay

Property Features

  • Stories

    2

  • Sewer

    Public Sewer

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Location

County

Bay

Elementary School

Lucille Moore

Middle School

Jinks

High School

Bay

Listing Courtesy of Bill D Nieland , JONES REAL ESTATE AND RENTALS LLC

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Agent Rodney King

REALTOR®

Rodney King

Call Rodney today to schedule a private showing.

(850) 851-8778

Rodney@GulfLifeGo.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
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.

1908 Laurel Avenue

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