114 Malaga Place 4, Panama City Beach, FL 32413
$1,629,000
Property Type:
Residential
Bedrooms:
8
Baths:
9
Square Footage:
4,356
Lot Size (sq. ft.):
7,841
Status:
Active
Current Price:
$1,629,000
List Date:
10/22/2025
Last Modified:
10/22/2025
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.
More Information MLS# 780717
Listing Info, Tax and Legal
HOA Fee: No
New Buyer Fee: No
Last Taxes: 11449
Last Tax Year: 2024
Brokerage Interest: No Interest
Contract Info
List Price/SqFt: 373.97
Status: Active
List Date: 2025-10-22
List Price: $1,629,000
Current Price: $1,629,000
Location
Unit #: 4
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 head west on back beach rd. then turn left on Malaga. The property is one house back from front beach rd on the right.
Area: 03 - Bay County - Beach
Street #: 114
Street Name: Malaga
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 4635 P 2240
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: 3
# of Stories in Building: 2
# of Units in Bldg: 4
Units Above Ground: 2
Lot Dimensions: 96x60
New Construction: No
Garage Y/N: No
Pool: No
Sub-Type: Quadplex Multi-Units
Bedrooms: 8
Full Baths: 6
Total Baths: 9
Year Built: 2006
Remarks & Misc
Remarks: 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.
Appliances
Cooktop - Electric: 1
Microwave: 1
Oven - Electric: 1
Refrigerator: 1
Washer/Dryer Stacked: 1
Water Heater - Electric: 1
Interior Features
Floor - Vinyl Plank: 1
Window - Treatment Some: 1
Exterior
Deck Open: 1
Fire Pit: 1
Porch Open: 1
Furnished
Partially: 1
Living Room
First: 1
Lot Features
Within 1/2 Mile to Water: 1
Lot Access
City Street: 1
Paved Road: 1
Parking Features
Detached: 1
Driveway: 1
Present Zoning
Resid Multi-Family: 1
Rooms
Bedroom: 1
Living Room: 1
Master Bedroom: 1
Utilities
Electricity - Availabile: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Waterview
Gulf: 1
Master Bedroom
Second: 1
Bedroom
Second: 1
Cooling
Ceiling Fan(s): 1
Electric: 1
Heating
Electric: 1
Property Features
Appliances: Cooktop - Electric; Microwave; Oven - Electric; Refrigerator; Washer/Dryer Stacked; Water Heater - Electric
Master Bedroom: Second
Bedroom: Second
Cooling: Ceiling Fan(s); Electric
Heating: Electric
Exterior: Deck Open; Fire Pit; Porch Open
Furnished: Partially
Living Room: First
Lot Features: Within 1/2 Mile to Water
Lot Access: City Street; Paved Road
Parking Features: Detached; Driveway
Rooms: Bedroom; Living Room; Master Bedroom
Utilities: Electricity - Availabile; Public Sewer - Connected; Public Water - Connected
Waterview: Gulf
Present Zoning: Resid Multi-Family
Room Information
Living Room
Level: First
Dimensions: 15 x 11.5
Length: 15.00
Width: 11.50
Dimensions: 15 x 11.5
Master Bedroom
Level: Second
Dimensions: 13 x 13.5
Length: 13.00
Width: 13.50
Dimensions: 13 x 13.5
Bedroom
Level: Second
Dimensions: 8 x 13
Length: 8.00
Width: 13.00
Dimensions: 8 x 13
Living Room
Level: First
Dimensions: 15 x 11.5
Length: 15.00
Width: 11.50
Dimensions: 15 x 11.5
Master Bedroom
Level: Second
Dimensions: 13 x 13.5
Length: 13.00
Width: 13.50
Dimensions: 13 x 13.5
Bedroom
Level: Second
Dimensions: 8 x 13
Length: 8.00
Width: 13.00
Dimensions: 8 x 13
Living Room
Level: First
Dimensions: 15 x 11.5
Length: 15.00
Width: 11.50
Dimensions: 15 x 11.5
Master Bedroom
Level: Second
Dimensions: 13 x 13.5
Length: 13.00
Width: 13.50
Dimensions: 13 x 13.5
Listing Office:
Scenic Sotheby's International Realty
Last Updated: October - 22 - 2025
Information deemed reliable but not guaranteed.