Panama City Beach, FL 32413,114 Malaga Place  #4
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Panama City Beach, FL 32413,114 Malaga Place  #4
Panama City Beach, FL 32413,114 Malaga Place  #4
Panama City Beach, FL 32413,114 Malaga Place  #4
Panama City Beach, FL 32413,114 Malaga Place  #4
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$ 1,629,000
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114 Malaga Place #4 Panama City Beach, FL 32413

8 Beds

9 Baths

4,356 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,356 sqft

Price per Sqft $373

Subdivision Laguna Beach

MLS Listing ID 988077

Bedrooms 8

Full Baths 6

Half Baths 3

Construction Status Construction Complete

HOA Y/N No

Year Built 2006

Annual Tax Amount $11,448

Tax Year 2024

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Fourplex

Property Description

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.

Location

State FL

County Bay

Area 27 - Bay County

Zoning Resid Multi-Family

Rooms

Guest Accommodations BBQ Pit/Grill,Short Term Rental - Allowed

Interior

Interior Features Floor Vinyl, Furnished - Some, Window Treatmnt Some

Appliance Cooktop, Dryer, Microwave, Stove/Oven Electric, Washer

Exterior

Exterior Feature Balcony, BBQ Pit/Grill, Deck Open, Porch

Pool None

Community Features BBQ Pit/Grill, Short Term Rental - Allowed

Utilities Available Electric, Public Sewer, Public Water

View Gulf, Gulf/Pass

Private Pool No

Building

Lot Description Level, Within 1/2 Mile to Water

Story 2.0

Structure Type Roof Shingle/Shake

Construction Status Construction Complete

Schools

Elementary Schools West Bay

Others

Energy Description AC - Central Elect,Ceiling Fans,Heat Cntrl Electric,Water Heater - Elect


Emerald Coast MLS (ECARMLS)
Listed by Scenic Sotheby's International Realty
Andy Beal

Andy Beal

Agent | License ID: 3558705

+1(850) 585-0642

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114 Malaga Place #4