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For sale
    • Price cut: $50K (6/19)
    $499,000

    1908 Laurel Ave, Panama City, FL 32405

    7beds
    3,006sqft
    : 
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    Quadruplex, Multi Family
    Built in 1996
    -- sqft lot
    $483,200 Zestimate®
    $166/sqft
    $-- HOA

    What's special

    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.
    141 days
    |
    226
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Bill D Nieland 360-789-1260,

    JONES REAL ESTATE AND RENTALS LLC,

    Maureen M Nieland 360-280-3102,

    JONES REAL ESTATE AND RENTALS LLC

    Source: CPAR,MLS#: 786074MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 4
      • Full bathrooms: 4
      Rooms
      • Room types: Bedroom
      Bedroom
      • Level: First
      • Dimensions: 10 x 10
      Bedroom
      • Level: Second
      • Dimensions: 9 x 10
      Bedroom
      • Level: First
      • Dimensions: 12 x 14
      Bedroom
      • Level: First
      • Dimensions: 9 x 10
      Bedroom
      • Level: Second
      • Dimensions: 9 x 10
      Bedroom
      • Level: Second
      • Dimensions: 9 x 10
      Bedroom
      • Level: Second
      • Dimensions: 9 x 12
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Electric Range, Electric Water Heater
      Interior area
      • Total structure area: 3,006
      • Total interior livable area: 3,006 sqft

      Property

      Parking
      • Parking features: Parking Lot
      Features
      • Levels: Two
      • Stories: 2
      • Pool features: Other, See Remarks
      Lot
      • Size: 10,692 Square Feet
      • Dimensions: 81 x 132
      Details
      • Parcel number: 28041000000
      • Zoning description: Resid Multi-Family
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex, Multi Family
      • Attached to another structure: Yes
      Materials
      • Vinyl Siding
      • Roof: Composition,Shingle
      Condition
      • New construction: No
      • Year built: 1996

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: Cable Connected, Electricity Available

      Community & HOA

      Community
      • Features: Short Term Rental Allowed
      • Subdivision: Drummond & Ware Add
      HOA
      • Has HOA: No
      Location
      • Region: Panama City

      Financial & listing details

      • Price per square foot: $166/sqft
      • Tax assessed value: $188,754
      • Annual tax amount: $4,124
      • Date on market: 3/1/2026
      • Cumulative days on market: 142 days
      • Electric utility on property: Yes

        Estimated market value

        $483,200

        $459,000 - $507,000

        $1,827/mo

        Price history

        DateEventPrice
        6/19/2026Price change$499,000-9.1%$166/sqft
        Source: CPAR #786074 Report a problem
        5/25/2026Price change$549,000-8.3%$183/sqft
        Source: CPAR #786074 Report a problem
        3/1/2026Listed for sale$599,000-29.5%$199/sqft
        Source: CPAR #786074 Report a problem
        5/18/2023Listing removed--
        Source: CPAR #726698 Report a problem
        5/17/2022Listed for sale$850,000$283/sqft
        Source: CPAR #726698 Report a problem
        4/22/2022Listing removed--
        Source: CPAR #723983 Report a problem
        4/1/2022Listed for sale$850,000$283/sqft
        Source: CPAR #723983 Report a problem
        4/1/2022Contingent$850,000$283/sqft
        Source: CPAR #723983 Report a problem
        3/22/2022Listed for sale$850,000+626.5%$283/sqft
        Source: CPAR #723983 Report a problem
        7/19/2001Sold$117,000$39/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,824 +28.3%$183,696 +16.5%
        2023$2,980 +16.6%$157,620 +10%
        2022$2,556 $143,291
        2021-- --
        2020$2,672 +12.7%$145,190 -1%
        2019$2,370 $146,618 -6.8%
        2018$2,370 -0.5%$157,370 +0.3%
        2017$2,383 +1.3%$156,931 -0.1%
        2016$2,352 -6.8%$157,037 -1.8%
        2015$2,523 $159,969 -1%
        2014$2,523 $161,630 -0.8%
        2013-- $162,903
        2012-- $162,903 -0.2%
        2011-- $163,286 -5.6%
        2010-- $172,912 -1.5%
        2009-- $175,511 -9%
        2008-- $192,768 -3.5%
        2007-- $199,726 +17.4%
        2006-- $170,176 +43.1%
        2005-- $118,925 +6.4%
        2004-- $111,738
        2003-- $111,738 +5.2%
        2002-- $106,195 -13.3%
        2001-- $122,525 +4.5%
        2000-- $117,196
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 32405

        Getting around

        40 / 100
        Car-Dependent
        27 / 100
        Some Transit

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Lucille Moore
        • Middle: Jinks
        • High: Bay

        Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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