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$1,629,000

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • 0.18 Acres
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Located just one row back from the Gulf in the desirable Laguna Beach community, this income-producing **quadplex** offers the ideal combination of location, flexibility, and long-term value. Whether you're a seasoned investor or entering the market, this is a rare opportunity you don't want to miss. Two of the units are currently leased to reliable long-term tenants, providing consistent monthly income. The remaining two units are operating as short-term rentals, giving you the opportunity to capitalize on high-demand vacation traffic. Positioned on valuable land just steps from the beach, this property is perfectly suited for strong cash flow today and solid appreciation tomorrow. Don't miss your chance to invest in one of the Gulf Coast's most sought-after areas.

Full Property Details for 114 Malaga Pl #4

General

  • Price: $1,629,000
  • Taxes: $11,449 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Bay_County
  • MLS ID: 780717
  • Updated: 12/2/2025
  • Added to Site: 89 day(s) ago

Interior

  • Number of Rooms: 8
  • Appliances: Washer/Dryer Stacked, Electric Cooktop, Electric Oven, Electric Water Heater
  • Flooring: Luxury Vinyl Plank

Rooms

Bathrooms

  • Total Bathrooms: 9
  • Full Bathrooms: 6
  • Half Bathrooms: 3

Bedrooms

  • Total Bedrooms: 8

Other Rooms

  • Laundry: Stacked

Exterior

  • Exterior Features: Deck, Fire Pit
  • Porch/Patio/Deck: Deck, Open, Porch

Location

  • County: Bay
  • Subdivision: Laguna Beach
  • Driving 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.

School Information

  • Elementary School: West Bay
  • Middle School: Surfside
  • High School: Arnold

Community

  • Community Name: 03 - Bay County - Beach

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s)
  • Heating Type: Electric

Utilities

  • Sewer: Public Sewer
  • Utility Description: Electricity Available

Structural Information

  • Stories/Levels: 2
  • Sq. Ft. Source: Appraiser
  • Year Built: 2006

Lot Features

  • Property View: Gulf
  • Lot Size (Acres): 0.18
  • Lot Size (Sq. Ft.): 7,841
  • Lot Size: .18
  • Lot Dimensions: 96 x 60
  • Frontage: City Street
  • Lot Features: Paved
  • Zoning: Resid Multi-Family

Water Features

  • Water Front: Yes
  • Water View: Yes

Financial Considerations

  • Tax Amount: $11,449
  • Tax Year: 2024

Disclosures and Reports

  • 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
  • Property ID: 37440-003-000

Listed by Scenic Sotheby's International Realty

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Listing agent

— 114 Malaga Pl #4 —

  • Scenic Sotheby's International Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 114 Malaga Pl #4

School District:Bay County School District
NameGradesDistance
West Bay Elementary School
14813 School Dr, Panama City Beach, FL 32413
K-55.3 mi
Surfside Middle School
300 Nautilus Street, Panama City Beach, FL 32413
6-85.1 mi
J.R. Arnold High School
550 North Alf Coleman Road, Panama City Beach, FL 32407
9-127.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 114 Malaga Pl #4 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/22/2025
Listed
$1,629,000
44.8%
MLS
11/30/2022
Sold
$1,125,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 114 Malaga Pl #4

Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,449
-1%
$925,124
—
2023
$11,590
252%
$920,648
243%
2021
$3,297
-9%
$268,289
-17%
2022
$3,640
10%
$321,795
29%
2021
$3,297
3%
$248,674
—
2019
$3,215
-8%
$247,951
-2%
2015
$3,489
-1%
$252,227
-2%
2014
$3,541
9%
$256,526
-3%
2013
$3,259
—
$265,361
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 114 Malaga Pl #4

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Scenic Sotheby's International Realty

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114 Malaga Place #4, Panama City Beach, FL 32413 (MLS# 780717) is a Multi-Family property with 4 units containing 8 bedrooms, 6 full bathrooms and 3 partial bathrooms. 114 Malaga Place #4 is currently listed for $1,629,000 and was received on October 22, 2025. Want to learn more about 114 Malaga Place #4? Do you have questions about finding other Multi-Family real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

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