114 Malaga Place 4 Place, Panama City Beach, FL 32413 (MLS# 726139)

114 Malaga Place 4 Place, Panama City Beach, FL 32413

$1,125,000

Property Type: Residential Bedrooms: 8 Baths: 8 Square Footage: 4,356 Lot Size (sq. ft.): 7,841 Status: Sold

Current Price: $1,125,000 List Date: 5/05/2022 Last Modified: 12/04/2025

Overview

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.

Listing Details MLS# 726139

Contract Info

List Price/SqFt: 286.96

Location

Area: 03 – Bay County – Beach
Street #: 114
Street Name: Malaga Place 4
Street Suffix: Place
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 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.
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

Sub-Type: Multi Family
Design: N/A
Apx SqFt(Htd/Cooled): 4356
SqFt Source: Prop App Site
Full Baths: 4
Half Baths: 4
Total Baths: 8
# of Stories in Building: 2
# of Units in Bldg: 4
Year Built: 1976
Immediate Occupancy: No
Construction Status: Construction Complete
Garage Y/N: No
Lot Dimensions: 79 x 100
Acreage: 0.18
Lot Size (SqFt): 7841

Status Change Info

Under Contract Date: 2022-05-27
Sold Date: 2022-11-30
Sold Price/SqFt: 258.26
Sold Price/Acre: 6250000

Listing Info, Tax and Legal

HOA Fee: No
New Buyer Fee: No
Brokerage Interest: No Interest

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.

More Information

Financing

Cash: Yes

Furnished

Unfurnished: Yes

Rooms

Bedroom: Yes

Utilities

Sewer Available: Yes
Water Connected: Yes
Septic Tank: Yes
Other – See Remarks: Yes

Waterview

Gulf: Yes

Bedroom

Second: Yes

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
Bedroom	Second	14 x 13	14.00	13.00	Bedroom
Bedroom	Second	14 x 13	14.00	13.00	Bedroom
Bedroom	Second	14 x 13	14.00	13.00	Bedroom
Bedroom	Second	14 x 13	14.00	13.00	Bedroom
Bedroom	Second	14 x 13	14.00	13.00
Bedroom	Second	14 x 13	14.00	13.00
Bedroom	Second	14 x 13	14.00	13.00
Bedroom	Second	14 x 13	14.00	13.00

Listing Office: Wattenbarger Management, LLC

Last Updated: December – 04 – 2025

Information deemed reliable but not guaranteed.