
129 Malaga Place Panama City Beach, FL 32413
Estimated payment $5,056/month
Highlights
- Gulf View
- Deck
- No HOA
- J.R. Arnold High School Rated A-
- Furnished
- Porch
About This Home
MAJOR PRICE IMPROVEMENT! SELLER IS EXTREMELY MOTIVATED!! LESS THAN A BLOCK TO THE DEDICATED BEACH!!! Whether you're an investor or just looking for your perfect coastal retreat, this is the beachy dream you've been waiting for!
Live in one, rent the other — or double the income potential with both units! (Rental projections in documents.) Catch glimpses of the shimmering gulf from the porch and feel the sea breeze in your hair. So close to the beach, shops, restaurants, and everything that makes coastal living a dream.
Welcome to 'Salt & Sea Cottages' - Your Coastal Escape Awaits! Grab your flip-flops and sunscreen! This fully furnished, beachy-coastal duplex is the ultimate getaway for sun-chasers and sea lovers! With amazing updated kitchens, six breezy bedrooms and four sparkling bathrooms, these charming beach cottages comfortably sleep up to 16 guests - 8 on each side, making it perfect for big family gatherings, friend-cations, or a double dose of seaside serenity.
Each unit is thoughtfully decorated with coastal charm - think driftwood accents, soft sea-glass hues, and nautical touches that whisper vacation vibes only. Whether you're sipping coffee on the porch to the sound of waves or unwinding after a salty day in the sun, you'll feel right at home.
Furnished with everything you need to be turn-key, Salt & Sea Cottages are ready to host the next beachside adventure. Just add swimsuits and a sense of fun! Paradise is waiting! Call now to schedule your tour before the tide (and this deal) rolls out!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,536
Year Built
- Built in 1950
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 50 x 130
- Fenced
Home Design
- Duplex
- Slab Foundation
- Wood Siding
Interior Spaces
- 2,465 Sq Ft Home
- 1-Story Property
- Furnished
- Window Treatments
- Living Room
- Gulf Views
- Stacked Washer and Dryer
Kitchen
- Breakfast Bar
- Electric Oven
- Electric Cooktop
- Microwave
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 6 Bedrooms
- Split Bedroom Floorplan
- 4 Full Bathrooms
Parking
- No Garage
- Driveway
Outdoor Features
- Deck
- Patio
- Porch
Schools
- West Bay Elementary School
- Surfside Middle School
- Arnold High School
Utilities
- Central Heating and Cooling System
- Septic Tank
- Cable TV Available
Community Details
- No Home Owners Association
- 2 Units
- Laguna Beach Estates 4Th Add Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $5,536 | $444,602 | $263,222 | $181,380 |
2023 | $5,536 | $436,371 | $253,000 | $183,371 |
2022 | $2,068 | $153,940 | $0 | $0 |
2021 | $1,796 | $139,945 | $0 | $0 |
2020 | $1,588 | $127,223 | $91,000 | $36,223 |
2019 | $1,567 | $120,671 | $84,448 | $36,223 |
2018 | $1,510 | $114,252 | $0 | $0 |
2017 | $1,457 | $109,252 | $0 | $0 |
2016 | $1,458 | $107,377 | $0 | $0 |
2015 | $1,471 | $105,407 | $0 | $0 |
2014 | $1,498 | $107,577 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/28/2025 08/28/25 | Price Changed | $849,900 | -2.9% | $345 / Sq Ft |
08/22/2025 08/22/25 | Price Changed | $874,900 | -2.8% | $355 / Sq Ft |
08/13/2025 08/13/25 | Price Changed | $899,900 | -3.2% | $365 / Sq Ft |
08/05/2025 08/05/25 | Price Changed | $929,900 | -4.6% | $377 / Sq Ft |
07/31/2025 07/31/25 | Price Changed | $975,000 | -1.5% | $396 / Sq Ft |
05/24/2025 05/24/25 | Price Changed | $990,000 | -9.2% | $402 / Sq Ft |
04/05/2025 04/05/25 | For Sale | $1,090,000 | +148.3% | $442 / Sq Ft |
09/19/2022 09/19/22 | Off Market | $439,000 | -- | -- |
06/21/2022 06/21/22 | Sold | $439,000 | -8.4% | $248 / Sq Ft |
06/03/2022 06/03/22 | Pending | -- | -- | -- |
05/22/2022 05/22/22 | Price Changed | $479,000 | -4.0% | $271 / Sq Ft |
05/15/2022 05/15/22 | For Sale | $499,000 | -- | $282 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $439,000 | Mti Title | |
Quit Claim Deed | -- | None Available | |
Warranty Deed | $130,000 | Lawyers Title Agency Of Nort |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Closed | $590,000 | Construction |
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Source: Central Panhandle Association of REALTORS®
MLS Number: 770788

APN: 37909-000-000
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