114 Malaga Place 4, Panama City Beach, FL 32413 (MLS# 780717)

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: 2/25/2026

Overview

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.

Listing Details MLS# 780717

Contract Info

List Price/SqFt: 373.97

Location

Area: 03 – Bay County – Beach
Street #: 114
Street Name: Malaga
Street Suffix: Place
Unit #: 4
State: FL
Zip Code: 32413
County: Bay
Sub Area: 0324 – Beach – West Central
Subdivision: Laguna Beach
Community/Resort: Laguna Beach
Waterfront: No
Parcel ID: 37440-003-000
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.
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

Sub-Type: Quadplex Multi-Units
Design: N/A
Apx SqFt(Htd/Cooled): 4356
SqFt Source: Prop App Site
Full Baths: 6
Half Baths: 3
Total Baths: 9
# of Stories in Building: 2
# of Units in Bldg: 4
Units Above Ground: 2
Year Built: 2006
Immediate Occupancy: No
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Lot Dimensions: 96×60
Acreage: 0.18
Lot Size (SqFt): 7841
Pool: No

Listing Info, Tax and Legal

HOA Fee: No
New Buyer Fee: No
Last Taxes: 11449
Last Tax Year: 2024
Brokerage Interest: No Interest

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: Yes
Microwave: Yes
Oven – Electric: Yes
Refrigerator: Yes
Washer/Dryer Stacked: Yes
Water Heater – Electric: Yes

More Information

Interior Features

Floor – Vinyl Plank: Yes
Window – Treatment Some: Yes

Exterior

Deck Open: Yes
Fire Pit: Yes
Porch Open: Yes

Furnished

Partially: Yes

Living Room

First: Yes

Lot Features

Within 1/2 Mile to Water: Yes

Lot Access

City Street: Yes
Paved Road: Yes

Parking Features

Detached: Yes
Driveway: Yes

Present Zoning

Resid Multi-Family: Yes

Rooms

Bedroom: Yes
Living Room: Yes
Master Bedroom: Yes

Utilities

Electricity – Availabile: Yes
Public Sewer – Connected: Yes
Public Water – Connected: Yes

Waterview

Gulf: Yes

Master Bedroom

Second: Yes

Bedroom

Second: Yes

Cooling

Ceiling Fan(s): Yes
Electric: Yes

Heating

Electric: Yes

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

Room Name	Level	Dimensions	Length	Width
Living Room	First	15 x 11.5	15.00	11.50
Master Bedroom	Second	13 x 13.5	13.00	13.50
Bedroom	Second	8 x 13	8.00	13.00
Living Room	First	15 x 11.5	15.00	11.50
Master Bedroom	Second	13 x 13.5	13.00	13.50
Bedroom	Second	8 x 13	8.00	13.00
Living Room	First	15 x 11.5	15.00	11.50
Master Bedroom	Second	13 x 13.5	13.00	13.50

Listing Office: Scenic Sotheby's International Realty

Last Updated: February – 25 – 2026

Information deemed reliable but not guaranteed.