$990,000

129 Malaga Place Panama City Beach, FL 32413

Estimated payment $5,941/month

Total Views 7,351
6 Beds
4 Baths
2,465 Sq Ft
$402 Price per Sq Ft

Highlights

  • Gulf View
  • Covered Deck
  • Florida Architecture
  • J.R. Arnold High School Rated A-
  • Newly Painted Property
  • Furnished

About This Home

LESS THAN A BLOCK TO THE DEDICATED BEACH!!! 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, feel the sea breeze in your hair. So close to the beach, shops, restaurants, and everything that makes coastal living a dream. This fully furnished, beachy-coastal duplex offers amazing updated kitchens, six breezy bedrooms and four sparkling bathrooms. These charming beach cottages comfortably sleep up to 16 guests - 8 on each side. 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 to schedule your tour before the tide (and this deal) rolls out!

Listing Agent

Karen Smith

Beachy Beach Real Estate License #3102215 Listed on: 04/05/2025

Beachy Beach Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,544

Year Built

  • Built in 1950

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50 x 130
  • Back Yard Fenced
  • Property is zoned Resid Multi-Family

Home Design

  • Florida Architecture
  • Newly Painted Property
  • Off Grade Structure
  • Wallpaper
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 2,465 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Living Room
  • Gulf Views

Kitchen

  • Electric Oven or Range
  • Induction Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Deck
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Laguna Beach Estates 4Th Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 37909-000-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,544

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Lot Size: 50 x 130
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: LAGUNA BEACH ESTATES 4TH ADDN
  • Directions: From Hwy 79 go west on PCB Parkway approximately 3 miles, turn left on Malaga Place, cottages are on the right.
  • Architectural Style: Florida Cottage
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1950
  • Utilities Electric: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Utilities:Septic Tank: Yes
  • Waterview:Gulf2: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished - All
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Interior Amenities: Kitchen Island, Newly Painted, Wallpaper
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Interior:Furnished - All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Newly Painted: Yes
  • Interior:Wallpaper: Yes

Exterior Features

  • Fencing: Fenced Privacy
  • Lot Features: Within 1/2 Mile to Water
  • View: Gulf
  • Construction Type: Foundation Off Grade, Frame, Siding Wood
  • Exterior Features: Fenced Back Yard
  • Patio And Porch Features: Deck Covered, Deck Open, Patio Open
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Deck Covered: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Deck Open: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Fenced Privacy: Yes
  • ConstructionSiding:Siding Wood: Yes
  • ConstructionSiding:Foundation Off Grade: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electric, Public Water

Schools

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

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Parcel #: 37909-000-000
  • Zoning: Resid Multi-Family

Tax Info

  • Tax Annual Amount: 5543.72
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Price Changed $975,000 -1.5% $396 / Sq Ft
05/24/2025 05/24/25 Price Changed $990,000 -9.2% $402 / Sq Ft
03/21/2025 03/21/25 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
Source: Emerald Coast Association of REALTORS®

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
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $590,000 Construction
Source: Public Records

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Source: Emerald Coast Association of REALTORS®

MLS Number: 973108

Emerald Coast Association of REALTORS®

APN: 37909-000-000