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129 Malaga Place
Panama City Beach, FL 32413

$799,000 - Status: Active
Bed Icon Beds: 6
Bath Icon Baths: 4 full
Sq Feet Icon SQFT (H&C): 1,770
MLS Icon MLS# 1004644

Take a look at this rare multi-use opportunity just steps from the sugar-white sands of Panama City Beach. Located less than a block from dedicated beach access, this renovated fully furnished coastal duplex offers the flexibility to be used as a private beach retreat, an income-producing investment, or the perfect blend of both. Featuring 6 bedrooms, 4 bathrooms, and two beautifully updated kitchens, this spacious property comfortably accommodates up to 16 guests with room for everyone to relax after a day at the beach. Whether you're hosting family vacations, generating short-term rental income, or living in one side while renting the other, the possibilities here are endless. Relax and enjoy gulf glimpses, salt breezes, and a fantastic walkable location near shopping, restaurants, and entertainment all while being tucked away in a charming beachside setting. Offered fully furnished and turn-key, this property is ready to start making memories and income from day one. Properties with this combination of location, flexibility, and income potential rarely come available. Make your appointment today!

Property Features

MLS#: 1004644
Zip: 32413
Subdivision: Laguna Beach Estates 4th Addn
Development: 27 - Bay County
Property Type: Multi Unit - Townhouse
Cooling: Central Air
Fenced: Yes
Heating: Central
Home Style: Duplex
Stories: 1.0
Taxes: $6,351
Year Built: 1950
SQFT (H&C): 1,770

Feature Descriptions

Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect
Community Features: Short Term Rental - Allowed
Exterior: Fenced Back Yard
Exterior: Foundation Off Grade, Frame, Siding Wood
Fencing: Fenced Privacy
Financing Terms: Conventional, FHA, VA
Interior: Kitchen Island, Wallpaper
Lot Description: Within 1/2 Mile to Water
Parcel Number: 37909-000-000
Patio/Porch: Deck Covered, Deck Open, Patio Open
Property Condition: Construction Complete
Road Frontage: City Street
Road Surface: Paved
Rooms Total: 13
Sewer: Septic Tank
Special View Info: Gulf
Sub Type: Attached Single Unit
Utilities: Electric, Public Water

Room Sizes

Living Room: 15 X 22 Level - First
Kitchen: 15 X 14.8 Level - First
Primary Bathroom: 7 X 5.6 Level - First
Primary Bedroom: 9.6 X 14.6 Level - First
Owner.s Closet: 4.6 X 3.1 Level - First
Bedroom: 10.6 X 15 Level - First
Bedroom: 11.6 X 10.6 Level - First
Living Room: 20 X 20 Level - First
Kitchen: 20 X 8 Level - First
Primary Bathroom: 5.6 X 7 Level - First
Primary Bedroom: 9 X 14.6 Level - First
Bedroom: 10 X 11.6 Level - First
Bedroom: 8.6 X 11.6 Level - First

Local Schools

High School: Arnold
Middle School: Surfside
Elementary School: West Bay

129 Malaga Place | MLS# 1004644

This multi-family property located at 129 Malaga Place, Panama City Beach, FL 32413 is currently listed for sale with an asking price of $799,000. Search Panama City Beach real estate on bcowan.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: Levin Rinke Realty

Shown By

Agent Name: Bryan Cowan
Agent Phone: (850) 628-2457
Agency Title: Beachy Beach Real Estate

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