$799,990

219 Malaga Pl Panama City Beach, FL 32413

$9,500
Closing credit¹
2 beds
3 full
1,801 sqft
0.3 acres
$444 / sqft
Multi-Family

Property details

About 219 Malaga Pl

*** 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.

Highlights

Home typeDuplex
HeatingCentral, Electric, Fireplace(s)
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size1,801 sqft
Lot size0.3 Acres
Year built1958
ParkingAdditional Parking, Carport, Detached, Garage, Garage Door Opener, Oversized, Paved
MLS #761611
Garage3 spaces
ViewGulf

Summary

  • MLS Number: 761611
  • MLS Name: BCAR
  • Office Name: RE/MAX Freedom

IDX 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© 2025 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: 3/4/2025, 4:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade featuring a front yard

$799,990

219 Malaga Pl

$9,500

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$93,751$606
2022$88,691$593
2021$78,505$593

History based on county public records data.

Nearby schools

5

West Bay Elementary School

Public District KG-5

5.1 mi

14813 School Dr

7

Hutchison Beach Elementary School

Public District KG-5

6.2 mi

12900 Hutchison Blvd

7

Patronis Elementary School

Public District KG-5

11.0 mi

7400 Patronis Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $22,148. Typical income of Panama City Beach, FL residents is less than $<35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

66%
<35k
24%
35k-100k
8%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

56%
Single, No Kids
12%
Single, with Kids
20%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
5%
12-17 yrs old
24%
18-34 yrs old
46%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Pro WrestlingPro Wrestling
  • NASCARNASCAR

Where do the neighbors shop?

  • KmartKmart
  • Family DollarFamily Dollar
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Dominos PizzaDominos Pizza
  • SonicSonic

What do the neighbors drive?

  • BuickBuick
  • FordFord
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • OldiesOldies
  • New CountryNew Country
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 219 Malaga Pl in Panama City Beach, FL and zip code 32413 in the Laguna Beach neighborhood. This 1,801 square foot home, which was built in 1958, sits on a 0.30 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 21, 2024 and is currently priced at $799,990.

Over 0 listings were sold over their listed price in February 2025 in Panama City Beach, FL. In the same period over 75 listings were sold below the listed price and 11 listings were sold for the listed price. The inventory of homes for sale in Panama City Beach, FL between January and February 2025 increased by 8.1%. The median list price of listings available in February 2025 was $449,377, while the average time on the real estate market was 120 days.

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

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