114 Malaga Place
114 Malaga Place
Panama City Beach, FL 32413
$2,400,000
Price
8
Beds
6
Baths
3
1/2 Baths
4,356 Sq. Ft.
$551 / Sq. Ft.
4,356
Sq. Ft.
$551
per Sq. Ft.
Description
''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...''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!
- Listed by Fred W Thomas • Beach Time Realty, Inc
Property Details for 114 Malaga Place
Waterfront
No
Parking FeaturesAssigned
Subdivision NameLaguna Beach
ViewGulf
Zoning DescriptionResid Multi-Family
ViewYes
Location
Listing Courtesy of Beach Time Realty, Inc
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LISTING UPDATED: 03/26/2024 02:22 PM
Property Details for 114 Malaga Place
| Status | Active |
|---|---|
| MLS # | 752016 |
| Days on Market | 97 |
| Taxes | $11,591 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential / Quadruplex |
| Year Built | 1976 |
| Lot Size | 0.18 AC / 7,840 SF |
| County | Bay County |
Location
Listing Courtesy of Beach Time Realty, Inc
Add your commute
Building Information for 114 Malaga Place
Stories2Residences2Year Built1976Building Size-Lot Size0.18 AC / 7,840 SF
Payment Calculator
$14,064 per month
30 year fixed, 7.25% Interest
Principal and Interest
$13,098
Property Taxes
$966
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 114 Malaga Place
Summary
Location and General Information
- City: Panama City Beach
- County Or Parish: Bay
- 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.
- Road Surface Type: Paved
- Postal Code: 32413
- Latitude: 30.241841
- Longitude: -85.92804
- State Or Province: FL
- Road Frontage Type: County Road
- MLS Area Major: 03 - Bay County - Beach
- MLS Area Minor: 0324 - Beach - West Central
- Accessibility Features: Accessible Kitchen Appliances, Accessible Common Area, Accessible Electricaland Environmental Controls, Accessible Kitchen, Central Living Area, Accessible Doors, Accessible Entrance, Accessible Hallways
Taxes and HOA Information
- Parcel Number: 37440-003-000
- Association: No
- Tax Annual Amount: $11,591.00
- Tax 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 4635 P 2240
- Tax Year: 2023
School Information
- Elementary School: West Bay
- High School: Arnold
- Middle Or Junior School: Surfside
Parking
- Garage: No
Property
Lot Information
- Lot Size Acres: 0.18
- Lot Size Dimensions: 79x99
- Lot Size Square Feet: 7821.0
- Living Area: 4356.0
- Living Area Source: Appraiser
Property and Assessments
- Year Built: 1976
- Human Modified: No
Green Features
- Green Energy Efficient: Appliances
Utilities
- Sewer: Public Sewer
- Utilities: Sewer Available, Water Available
- Water Source: Public
Interior and Exterior Features
Exterior Features
- Exterior Features: Balcony, Outdoor Grill, Porch
- Community Features: Barbecue, Beach, Short Term Rental Allowed
- Construction Materials: Brick
- Patio And Porch Features: Balcony, Covered, Patio, Porch
Interior Features
- Stories Total: 2
- Flooring: Tile
- Bathrooms Full: 6
- Bathrooms Half: 3
- Bathrooms Total: 9
- Bedrooms Total: 8
- Cooling: Yes
- Cooling: Central Air
- Heating: Yes
- Heating: Central
- Furnished: Furnished
- Appliances: Dryer, ENERGYSTARQualified Appliances, Electric Cooktop, Electric Oven, Microwave
Room Information
Room 1
- Room Area: 528.0
- Room Dimensions: 16 x 33
- Room Length: 16.0
- Room Level: Second
- Room Type: Great Room
- Room Width: 33.0
Room 2
- Room Area: 120.0
- Room Dimensions: 15 x 8
- Room Length: 15.0
- Room Level: Second
- Room Width: 8.0
Room 3
- Room Area: 108.0
- Room Dimensions: 12 x 9
- Room Length: 12.0
- Room Level: Second
- Room Type: Bedroom
- Room Width: 9.0
Room 4
- Room Area: 180.0
- Room Dimensions: 12 x 15
- Room Length: 12.0
- Room Level: Second
- Room Type: Bedroom
- Room Width: 15.0
Room 5
- Room Area: 528.0
- Room Dimensions: 16 x 33
- Room Length: 16.0
- Room Type: Great Room
- Room Width: 33.0
Room 6
- Room Area: 120.0
- Room Dimensions: 15 x 8
- Room Length: 15.0
- Room Width: 8.0
Room 7
- Room Area: 108.0
- Room Dimensions: 12 x 9
- Room Length: 12.0
- Room Type: Bedroom
- Room Width: 9.0
Room 8
- Room Area: 180.0
- Room Dimensions: 12 x 15
- Room Length: 12.0
- Room Type: Bedroom
- Room Width: 15.0
Room 9
- Room Area: 528.0
- Room Dimensions: 16 x 33
- Room Length: 16.0
- Room Level: First
- Room Type: Great Room
- Room Width: 33.0
Room 10
- Room Area: 120.0
- Room Dimensions: 15 x 8
- Room Length: 15.0
- Room Level: Second
- Room Width: 8.0
Room 11
- Room Area: 108.0
- Room Dimensions: 12 x 9
- Room Length: 12.0
- Room Level: Second
- Room Type: Bedroom
- Room Width: 9.0
Room 12
- Room Area: 180.0
- Room Dimensions: 12 x 15
- Room Length: 12.0
- Room Level: Second
- Room Type: Bedroom
- Room Width: 15.0
Room 13
- Room Area: 528.0
- Room Description: Living, Kitchen Dining
- Room Dimensions: 16 x 33
- Room Length: 16.0
- Room Level: First
- Room Type: Great Room
- Room Width: 33.0
Room 14
- Room Area: 120.0
- Room Dimensions: 15 x 8
- Room Length: 15.0
- Room Level: Second
- Room Width: 8.0
Room 15
- Room Area: 108.0
- Room Dimensions: 12 x 9
- Room Length: 12.0
- Room Level: Second
- Room Type: Bedroom
- Room Width: 9.0
Room 16
- Room Area: 180.0
- Room Dimensions: 12 x 15
- Room Length: 12.0
- Room Level: Second
- Room Type: Bedroom
- Room Width: 15.0
Multi Family
Multi-Family Information
- Number Of Units In Community: 2
Rental
Rental Information
- Occupant Type: Tenant
- Lease Expiration: 05-01-2024
Property History for 114 Malaga Place
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 114 Malaga Place
Taxable ValueLand$58,546Additions-Total$58,546
Tax Record2022$539 ($45 / month)
Home Facts
Beds3Stories1Lot Size3,485 SqFtStyleMiscellaneous Vacant LandZoningBC04CountyBAYAPN37440-009-000
Schools near 114 Malaga Place
This home is within Bay.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 12 | |||
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Charter - | 6 to 12 |
Rating | School | Distance |
|---|---|---|
J.R. Arnold High School PublicPK to 12 | ||
West Bay Elementary School PublicK to 5 | ||
Surfside Middle School Public6 to 8 | ||
Palm Bay Preparatory Academy 6-12 Charter6 to 12 |
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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Listing Courtesy of Beach Time Realty, Inc
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© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.
