219 Malaga Place

Panama City Beach, FL 32413

$799,990
Price
2
Beds
1,801 Sq. Ft.
$444 / Sq. Ft.
1,801
Sq. Ft.
$444
per Sq. Ft.

Description

Buyers, please read in entirety. A block and a half from the gulf! The investment possibilities are endless with this one! Projected rental income for both homes combined is $70,000! Rent one cottage and stay in the other, or rent both to different tenants for maximum rental income! First you have a 1 bedroom(with a sunroom that could be used as a bedroom), 2 full bath concrete main cottage with tiled floors, quartz countertops, wood ceilings, full kitchen and washer and dryer in the home. Covered...Buyers, please read in entirety. A block and a half from the gulf! The investment possibilities are endless with this one! Projected rental income for both homes combined is $70,000! Rent one cottage and stay in the other, or rent both to different tenants for maximum rental income! First you have a 1 bedroom(with a sunroom that could be used as a bedroom), 2 full bath concrete main cottage with tiled floors, quartz countertops, wood ceilings, full kitchen and washer and dryer in the home. Covered carport leads you into the home. The second cottage is a 1 bedroom, 1 bath(with a fireplace)fully tiled home, also with a full kitchen and washer and dryer. Behind the back cottage is enough room to add a pool. On the additional lot you have an RV two space garage(with full hookup) and an additional one car garage attached, as well a tree covered patio for relaxing in the shade. 2020 metal roof, separate well for sprinklers will cut down on the water bill, and the property was recently landscaped. Since the adjacent lot only has the garage on it, it could be subdivided and sold separately(lots this close to the beach are selling for hundreds of thousands of dollars). Hurry up and call me before this incredible money making investment gets away! All information is approximate and should be verified by buyers if important.
  1. Listed by Mario Gobel • RE/MAX Freedom

Property Details for 219 Malaga Place

Architectural Style
Duplex
Waterfront
No
Parking Features
Additional Parking, Carport, Detached, Garage, Garage Door Opener, Oversized, Paved
Subdivision Name
Laguna Beach 4th Add
View
Gulf
Zoning Description
Resid Multi-Family,Resid Single Family
View
Yes
LISTING UPDATED: 09/30/2024 12:04 PM

Property Details for 219 Malaga Place

StatusActive
MLS #761611
Days on Market47
Taxes$607 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential / Duplex / Duplex
Year Built1958
Lot Size0.30 AC / 13,068 SF
CountyBay County

Building Information for 219 Malaga Place

Stories-Residences-Year Built1958Building Size-Lot Size0.30 AC / 13,068 SF

Property Information for 219 Malaga Place

Summary
Location and General Information
  • City: Panama City Beach
  • County Or Parish: Bay
  • Directions: Front Beach Road west past Hwy 79. Turn right on Malaga Place and home will be on the left, 2nd block in
  • Road Surface Type: Paved
  • Postal Code: 32413
  • Latitude: 30.244274
  • Longitude: -85.927012
  • State Or Province: FL
  • MLS Area Major: 03 - Bay County - Beach
  • MLS Area Minor: 0324 - Beach - West Central
Taxes and HOA Information
  • Parcel Number: 37915-000-000
  • Association: No
  • Tax Annual Amount: $607.00
  • Tax Legal Description: LAGUNA BEACH 4TH ADD. LOTS 7 & 8 BLK B ORB 2958 P 1485
  • Tax Year: 2023
School Information
  • Elementary School: West Bay
  • High School: Arnold
  • Middle Or Junior School: Surfside
Parking
  • Attached Garage: No
  • Carport: Yes
  • Covered Spaces: 4.0
  • Garage Spaces: 3.0
  • Garage: Yes
  • Other Parking: Driveway Spaces:3.00
Property
Lot Information
  • Lot Size Acres: 0.3
  • Lot Size Dimensions: 100x130
  • Lot Size Square Feet: 12981.0
  • Living Area: 1801.0
  • Living Area Source: Appraiser
  • Structure Type: Duplex
Property and Assessments
  • Other Structures: Guest House
  • Year Built: 1958
  • Property Attached: No
  • Human Modified: No
Utilities
  • Sewer: Septic Tank
  • Utilities: Cable Connected, Septic Available
Interior and Exterior Features
Exterior Features
  • Exterior Features: Sprinkler Irrigation, Patio
  • Fencing: Partial
  • Community Features: Short Term Rental Allowed
  • Construction Materials: Block, Stucco
  • Roof: Metal
Interior Features
  • Bathrooms Full: 3
  • Bathrooms Total: 3
  • Bedrooms Total: 2
  • Cooling: Yes
  • Cooling: Central Air, Ceiling Fans, Electric
  • Heating: Yes
  • Heating: Central, Electric, Fireplaces
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Fireplace: Yes
  • Interior Features: Fireplace, In Law Floorplan
Room Information
Room 1
  • Room Area: 35.0
  • Room Dimensions: 7 x 5
  • Room Length: 7.0
  • Room Level: First
  • Room Type: Dining Room
  • Room Width: 5.0
Room 2
  • Room Area: 56.0
  • Room Dimensions: 7 x 8
  • Room Length: 7.0
  • Room Level: First
  • Room Type: Full Bath
  • Room Width: 8.0
Room 3
  • Room Area: 72.0
  • Room Dimensions: 8 x 9
  • Room Length: 8.0
  • Room Level: First
  • Room Type: Full Bath
  • Room Width: 9.0
Room 4
  • Room Area: 60.0
  • Room Dimensions: 6 x 10
  • Room Length: 6.0
  • Room Level: First
  • Room Type: Kitchen
  • Room Width: 10.0
Room 5
  • Room Area: 70.0
  • Room Dimensions: 7 x 10
  • Room Length: 7.0
  • Room Level: First
  • Room Type: Kitchen
  • Room Width: 10.0
Room 6
  • Room Area: 216.0
  • Room Dimensions: 12 x 18
  • Room Length: 12.0
  • Room Level: First
  • Room Type: Living Room
  • Room Width: 18.0
Room 7
  • Room Area: 270.0
  • Room Dimensions: 15 x 18
  • Room Length: 15.0
  • Room Level: First
  • Room Type: Living Room
  • Room Width: 18.0
Room 8
  • Room Area: 200.0
  • Room Description: sunroom/bedroom
  • Room Dimensions: 10 x 20
  • Room Length: 10.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 20.0
Room 9
  • Room Area: 165.0
  • Room Dimensions: 11 x 15
  • Room Length: 11.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 15.0
Room 10
  • Room Area: 165.0
  • Room Dimensions: 11 x 15
  • Room Length: 11.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 15.0
Rental
Rental Information
  • Occupant Type: Occupied

Property History for 219 Malaga Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 219 Malaga Place

Taxable ValueLand-Additions-Total-
Tax Record2024$542 ($45 / month)
Home Facts
Beds2Total Finished SqFt724 SqFtAbove Grade Finished SqFt724 SqFtStories1Lot Size12,981 SqFtStyleSingle Family ResidenceYear Built1958Year Renovated1988ZoningBC16CountyBAYAPN37915-000-000

Schools near 219 Malaga Place

This home is within Bay.
Rating
School
Type
Grades
Distance
West Bay Elementary School
Public - K to 5
Surfside Middle School
Public - 6 to 8
J.R. Arnold High School
Public - 9 to 12
A. Gary Walsingham Academy
Public - PK to 3
Rating
School
Distance
West Bay Elementary School
PublicK to 5

Surfside Middle School
Public6 to 8

J.R. Arnold High School
Public9 to 12

A. Gary Walsingham Academy
PublicPK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 219 Malaga Place, Panama City Beach, FL 32413

219 Malaga Place is a multi-family home for sale in Panama City Beach, FL 32413. This property was listed for sale on August 21, 2024 by RE/MAX Freedom, it's currently listed at $799,990. This listing's school district is Bay. Nearby schools include West Bay Elementary School, Surfside Middle School and J.R. Arnold High School. 219 Malaga Place is a 2-bed, 3-bath, 1,801 sqft multi-family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Freedom

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2025 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.