KelseyPeaden

129 Malaga Place, Panama City Beach, FL 32413

$799,000
  • 129 Malaga Place, Panama City Beach, FL 32413 Main Photo

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New to the Market Active
BEDS6 BATHS4 full SQUARE FEET1,770 MLS#1004644
STATUSActive PROPERTY TYPEMulti Unit - Townhouse SUBDIVISIONLAGUNA BEACH ESTATES 4TH ADDN

Property Description

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!

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 kpeaden.therealtyvault.com today.

Property Features

Property Type: Multi Unit - Townhouse
Cooling: Central Air
Fenced: Yes
Heating: Central
Home Style: Duplex
Stories: 1.0
Taxes: $6,351
Year Built: 1950

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: 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

Listed By / Shown By

Listed By

Agency Name: Levin Rinke Realty

Shown By

Agent Name: Kelsey Peaden
Agent Phone: (850) 380-2506
Agency Title: The Realty Vault

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Estimated Payment

$ 2,540.52 per month $1,778.23 Principal & Interest $529.25 Property Tax $233.04 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 06/04/2026. The listing information on this page last changed on 06/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 06/04/2026 12:04:30 AM EST) or Pensacola MLS (last updated Thu 06/04/2026 12:03:12 AM EST) or Baldwin County MLS (last updated Thu 06/04/2026 12:01:15 AM EST) or Emerald Coast MLS (last updated Wed 06/03/2026 11:55:26 PM EST). Real estate listings held by brokerage firms other than The Realty Vault may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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