About 114 Malaga Place 4
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.
Features of 114 Malaga Place 4
| MLS® # | 988077 |
|---|---|
| Price | $1,629,000 |
| Bedrooms | 8 |
| Bathrooms | 9.00 |
| Full Baths | 6 |
| Half Baths | 3 |
| Square Footage | 4,356 |
| Acres | 0.18 |
| Year Built | 2006 |
| Type | Residential |
| Sub-Type | Attached Single Unit |
| Style | Fourplex |
| Status | Active |
| Waterview | Gulf, Gulf/Pass |
| Last Taxes | 11448.85 |
| Last Tax Year | 2024 |
Community Information
| Address | 114 Malaga Place 4 |
|---|---|
| Area | Bay County |
| Subdivision | LAGUNA BEACH |
| City | Panama City Beach |
| County | Bay |
| State | FL |
| Zip Code | 32413 |
Amenities
| Amenities | BBQ Pit/Grill, Short Term Rental - Allowed |
|---|---|
| Utilities | Electric, Public Sewer, Public Water |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Floor Vinyl, Furnished - Some, Window Treatmnt Some |
|---|---|
| Appliances | Cooktop, Dryer, Microwave, Stove/Oven Electric, Washer |
| Heating | Heat Cntrl Electric |
| Cooling | AC - Central Elect, Ceiling Fans |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior | Roof Shingle/Shake |
|---|---|
| Exterior Features | Balcony, BBQ Pit/Grill, Deck Open, Porch |
| Lot Description | Level, Within 1/2 Mile to Water |
| Roof | Roof Shingle/Shake |
School Information
| Elementary | West Bay |
|---|---|
| Middle | Surfside |
| High | Arnold |
Additional Information
| Days on Website | 2 |
|---|---|
| Zoning | Resid Multi-Family |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |