114 Malaga PL #4 Panama City Beach, FL 32413
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Attached Single Unit
Listing Status Active
Purchase Type For Sale
Square Footage 4,356 sqft
Price per Sqft $373
Subdivision Laguna Beach
MLS Listing ID 988077
Style Fourplex
Bedrooms 8
Full Baths 6
Half Baths 3
Year Built 2006
Annual Tax Amount $11,448
Tax Year 2024
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 96x60
Property Sub-Type Attached Single Unit
Source Emerald Coast Association of REALTORS®
Land Area 4356
Property Description
Two of the units are currently leased to reliable long-term tenants, providing consistent monthly income. The remaining two units are operating as short-term rentals, giving you the opportunity to capitalize on high-demand vacation traffic.
Positioned on valuable land just steps from the beach, this property is perfectly suited for strong cash flow today and solid appreciation tomorrow. Don't miss your chance to invest in one of the Gulf Coast's most sought-after areas.
Location
State FL
County Bay
Community Bbq Pit/Grill
Area 27 - Bay County
Zoning Resid Multi-Family
Direction From hwy. 79 head west on back beach rd. then turn left on Malaga. The property is one house back from front beach rd on the right.
Rooms
Primary Bedroom Level Upper
Master Bedroom true
Interior
Heating Central
Cooling Ceiling Fans, Central Air
Flooring Floor Vinyl
Furnishings Furnished - Some
Window Features Window Treatmnt Some
Appliance Cooktop, Dryer, Microwave, Stove/Oven Electric, Washer, Water Heater - Elect
Exterior
Exterior Feature Balcony, BBQ Pit/Grill, Open Deck, Porch, BBQ / Grill, Balcony
Community Features BBQ Pit/Grill
Utilities Available Electric, Public Water
View Gulf
Roof Type Shingle / Shake
Street Surface Paved
Porch Deck Open, Porch
Road Frontage City Street
Garage No
Building
Lot Description Level, Within 1/2 Mile to Water
Faces From hwy. 79 head west on back beach rd. then turn left on Malaga. The property is one house back from front beach rd on the right.
Story 2
Sewer Public Sewer
Architectural Style Fourplex
New Construction No
Schools
Elementary Schools West Bay
Middle Schools Surfside
High Schools Arnold
Others
Pets Allowed No
Tax ID 37440-003-000
Miscellaneous Located just one row back from the Gulf in the desirable Laguna Beach community, this income-producing **quadplex** offers the ideal combination of location, flexibility, and long-term value. Whether you're a seasoned investor or entering the market, this is a rare opportunity you don't want to miss. Two of the units are currently leased to reliable long-term tenants, providing consistent monthly income. The remaining two units are operating as short-term rentals, giving you the opportunity to capitalize on high-demand vacation traffic. Positioned on valuable land just steps from the beach, this property is perfectly suited for strong cash flow today and solid appreciation tomorrow. Don't miss your chance to invest in one of the Gulf Coast's most sought-after areas.
Special Listing Condition Accept Backup Offers
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