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

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114 Malaga 4 Pl, Panama City Beach$2,400,000

Buyer Closing Credits

$10,000^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeQuadruplex

ParkingAssigned

Year Built1976

HeatingCentral

CoolingCentral Air

ViewGulf

MLS #752016

Lot Size0.18 Acres

StatusActive

About 114 Malaga 4 Pl

''GULF VIEW'' Owner financing with 15% down, 30-year amortization- 5yr Balloon (for those that qualify) Four town homes together with a gulf view that is in a vacation rental approved neighborhood with a DEDICATED BEACH which makes this property a unique opportunity. Two units have been remodeled inside and out. They will also be sold furnished and are currently on Short Term Rentals. The owner has made a lot of improvements on the outside of this property. The view from the balconies of the gulf from each home is breathtaking. The dedicated beach across the street increases the value of this duplex for years to come. Two of the 4 units will be sold furnished, and the other two units are under long term rental contracts. This property is turnkey ready to start making you rental income! Vacation rental projections at 200k and above!

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Property Details

Property Features

Property Information:

• Year Built: 1976
• Living Area: 4,356 SqFt

Listing Office:

• Office Name: Beach Time Realty, Inc

Interior Features

Interior Information:

• Appliances: Dryer, ENERGY STAR Qualified Appliances, Electric Cooktop, Electric Oven, Microwave
• Flooring Type: Tile

Bedroom and Bathroom Information:

• Partial Bathrooms: 3
• Full Bathrooms: 6
• Total Bedroom Count: 8

Exterior Features

Exterior Information:

• View: Gulf
• Exterior: Balcony, Outdoor Grill, Porch

Parking Information:

• Parking: Assigned

Lot Features

Lot Information:

• Lot Size: 0.18 Acres

Utilities

Utilities Information:

• Heating: Central
• Cooling: Central Air

School Info

Assigned Schools Information:

• J.R. Arnold High School, Public District Grades 9-12
• Surfside Middle School, Public District Grades 6-8
• Hutchison Beach Elementary School, Public District Grades PK-5

Other

Directions Information:

• 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.

Price Information

Listing Price Info

Price Summary:

• List Price: $2,400,000
• Price Per SqFt: $551/SqFt

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Housing Market Comparison

See how this home compares to others in Panama City Beach, FL.

Panama City Beach, FL

City

Med. Sold Price

$479.9K

Med. Price/SqFt

$352

Avg. Days On Market

95

# of Sold Homes

114

114 Malaga 4 Pl vs Panama City Beach

89 DAYS ON ROCKET

-6 Days

$2,400,000

+$1.9M More

$551/SqFt

+$198 More

KEY TAKEAWAY

This property is $1.9M more than the Median Sold Price and $198/SqFt more than other homes in Panama City Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: BCAR
• MLS Number: #752016

Listing Office:

• Office Name: Beach Time Realty, Inc

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 6:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

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**Disclosures

Rocket Homes›Florida›Bay County›Panama City Beach›32413›114 Malaga 4 Pl

This home is located at 114 Malaga 4 Pl in Panama City Beach, FL and zip code 32413 in the Laguna Beach neighborhood. This 4,356 square foot home, which was built in 1976, sits on a 0.18 acre lot. Features: 8 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since February 02, 2024 and is currently priced at $2,400,000.

In March 2024 more than 7 listings in Panama City Beach, FL were sold above the asking price. During the same period more than 22 listings were sold at asking price, while more than 85 were sold below. The number of listings in Panama City Beach, FL increased by 9.3% between February 2024 and March 2024. In March 2024, listings were on the market for 95 days. During the same period, the median list price in this real estate market was $479,991.

From Rocket Homes Real Estate and based on county public records data.