Description of 129 Malaga Place
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!
Features of 129 Malaga Place
| MLS® # | 1004644 |
|---|---|
| Sold Price | $755,000 |
| List Price | $799,000 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 1,770 |
| Year Built | 1950 |
| Type | Townhouse |
| Sub-Type | Townhouse |
| Style | Duplex |
| Status | Sold |
Community Information
| Address | 129 Malaga Place |
|---|---|
| Area | 27 - Bay County |
| Subdivision | LAGUNA BEACH ESTATES 4TH ADDN |
| City | Panama City Beach |
| County | Bay |
| State | FL |
| Zip Code | 32413 |
Amenities
| Utilities | Electric, Public Water, Septic Tank |
|---|---|
| View | Gulf |
Interior
| Interior Features | Kitchen Island, Wallpaper |
|---|---|
| Appliances | Dishwasher, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater |
| Heating | Central |
| Cooling | Central Air |
| # of Stories | 1 |
Exterior
| Exterior Features | Private Yard |
|---|---|
| Lot Description | Within 1/2 Mile to Water |
| Construction | Foundation Off Grade, Frame, Wood Siding |
School Information
| Elementary | West Bay |
|---|---|
| Middle | Surfside |
| High | Arnold |
Additional Information
| Days on Website | 101 |
|---|---|
| Zoning | Resid Multi-Family |
Listing Details
| Office | Levin Rinke Realty |
|---|
