$1,125,000
114 Malaga Place 4 Place
Panama City Beach, FL 32413
MLS# 726139
Status: Sold
8 beds  |  8 baths  |  4356 sqft


114 Malaga Place
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114 Malaga Place DJI_0930

Property Description
CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS Excellent Short Term Rental Opportunity. Amazing View of the Gulf of Mexico Two (2) Duplexes - Four (4) units in the popular Laguna Beach community located on the West End of Panama City Beach. The rental units are one parcel off of Front Beach Road and a short stroll to the sugar-white sands along a stretch of dedicated beach. The parcel is zoned C-2 Plaza Com with FLU of Seasonal/ Resort (Bay County). Incredible Gulf views from all units. All units have similar floor plans, including 1,100 +/- SF 2 Bedroom, 1.5 bathrooms, kitchens, washer & dryer hook-up with an outdoor deck overlooking the Gulf of Mexico attached to the southern facing bedrooms.

Details
Maps
Listing Info, Tax and Legal
HOA Fee: No
New Buyer Fee: No
Brokerage Interest: No Interest
Contract Info
List Price/SqFt: 286.96
Status: Sold
List Date: 2022-05-05
List Price: $1,250,000
Current Price: $1,125,000
Location
Sub Area: 0324 - Beach - West Central
Community/Resort: Laguna Beach
Waterfront: No
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Directions: From Hwy 79 travel west on PCB Pkwy/ Back Beach Rd, Turn Left (south) on Malaga Place. Property is on the lest (east) side of Malaga Place just before Front Beach Road.
Area: 03 - Bay County - Beach
Street #: 114
Street Name: Malaga Place 4
Street Suffix: Place
State: FL
Zip Code: 32413
County: Bay
Subdivision: Laguna Beach
Parcel ID: 37440-003-000
Legal Description: LAGUNA BEACH 20C3 (1.02) BEG NW COR LOT 1 TH SWLY 79.1 SELY 45' NELY 16.84' SELY 54.99' NELY 60' NWLY 99.94' TO POB ORB 1948 P 1704
General Property Info
Acreage: 0.18
Design: N/A
Lot Size (SqFt): 7841
Apx SqFt(Htd/Cooled): 4356
Immediate Occupancy: No
Construction Status: Construction Complete
SqFt Source: Prop App Site
Half Baths: 4
# of Stories in Building: 2
# of Units in Bldg: 4
Lot Dimensions: 79 x 100
Garage Y/N: No
Sub-Type: Multi Family
Bedrooms: 8
Full Baths: 4
Total Baths: 8
Year Built: 1976
Remarks & Misc
Remarks: CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS Excellent Short Term Rental Opportunity. Amazing View of the Gulf of Mexico Two (2) Duplexes - Four (4) units in the popular Laguna Beach community located on the West End of Panama City Beach. The rental units are one parcel off of Front Beach Road and a short stroll to the sugar-white sands along a stretch of dedicated beach. The parcel is zoned C-2 Plaza Com with FLU of Seasonal/ Resort (Bay County). Incredible Gulf views from all units. All units have similar floor plans, including 1,100 +/- SF 2 Bedroom, 1.5 bathrooms, kitchens, washer & dryer hook-up with an outdoor deck overlooking the Gulf of Mexico attached to the southern facing bedrooms.
Status Change Info
Sold Price/SqFt: 258.26
Sold Price/Acre: 6250000
Under Contract Date: 2022-05-27
Sold Date: 2022-11-30
Sold Price: $1,125,000
Financing
Cash: 1
Furnished
Unfurnished: 1
Rooms
Bedroom: 1
Utilities
Sewer Available: 1
Water Connected: 1
Septic Tank: 1
Other - See Remarks: 1
Waterview
Gulf: 1
Bedroom
Second: 1
Property Features
Bedroom: Second
Financing: Cash
Furnished: Unfurnished
Rooms: Bedroom
Utilities: Sewer Available; Septic Tank; Water Connected; Other - See Remarks
Waterview: Gulf
Room Information
Room Name Level Dimensions Length Width Remarks
BedroomSecond14 x 1314.0013.00Bedroom
BedroomSecond14 x 1314.0013.00Bedroom
BedroomSecond14 x 1314.0013.00Bedroom
BedroomSecond14 x 1314.0013.00Bedroom
BedroomSecond14 x 1314.0013.00
BedroomSecond14 x 1314.0013.00
BedroomSecond14 x 1314.0013.00
BedroomSecond14 x 1314.0013.00

Listing Office: Wattenbarger Management, LLC

Last Updated: December - 04 - 2025

Information deemed reliable but not guaranteed.