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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.