#761158, Listing Office: Seashore Realty LLC
219 Malaga Pl Panama City Beach, FL 32413
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
Summary
- MLS Number: 761611
- MLS Name: BCAR
- Office Name: RE/MAX Freedom
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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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$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
Year | Assessment | Property 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.
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.
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.