1908 Laurel Ave Panama City, FL 32405
Estimated payment $3,421/month
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 listing is believed to be accurate but must be verified by Buyer or Buyer's agent.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,124
Year Built
- Built in 1996
Lot Details
- Lot Dimensions are 81 x 132
Parking
- Parking Lot
Home Design
- Quadruplex
- Shingle Roof
- Composition Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Electric Range
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Full Bathrooms
Schools
- Lucille Moore Elementary School
- Jinks Middle School
- Bay High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- Drummond & Ware Add Subdivision
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,824 | $202,066 | -- | -- |
| 2024 | $2,980 | $183,696 | -- | -- |
| 2023 | $2,980 | $157,620 | $33,359 | $138,715 |
| 2022 | $2,556 | $143,291 | $25,894 | $117,397 |
| 2021 | $2,612 | $143,579 | $22,861 | $120,718 |
| 2020 | $2,672 | $145,190 | $21,150 | $124,040 |
| 2019 | $2,370 | $146,618 | $20,917 | $125,701 |
| 2018 | $2,383 | $157,370 | $0 | $0 |
| 2017 | $2,352 | $156,931 | $0 | $0 |
| 2016 | $2,408 | $157,037 | $0 | $0 |
| 2015 | $2,523 | $159,969 | $0 | $0 |
| 2014 | $2,527 | $161,630 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/01/2026 03/01/26 | For Sale | $599,000 | -- | $199 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $117,000 | Lawyers Title Agency N Fl In |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $87,750 | Commercial |
Source: Central Panhandle Association of REALTORS®
MLS Number: 786074
APN: 28041-000-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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Ask me questions while you tour the home.