219 Malaga Place, Panama City Beach, FL 32413
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  • MLS#: 761611 ( Residential )
  • Street Address: 219 Malaga Place
  • Viewed: 27
  • Price: $799,990
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1958
  • Bldg sqft: 0
  • Bedrooms: 2
  • Total Baths: 3
  • Full Baths: 3
  • Garage / Parking Spaces: 3
  • Days On Market: 134
  • Additional Information
  • Geolocation: 30.2443 / -85.927
  • County: BAY
  • City: Panama City Beach
  • Zipcode: 32413
  • Subdivision: Laguna Beach 4th Add
  • Elementary School: West Bay
  • Middle School: Surfside
  • High School: Arnold
  • Provided by: RE/MAX Freedom
  • DMCA Notice
  • Description
    *** 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.
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Features
Building and Construction
  • Covered Spaces: 4.00
  • Exterior Features: SprinklerIrrigation, Patio
  • Fencing: Partial
  • Living Area: 1801.00
  • Other Structures: GuestHouse
  • Roof: Metal
School Information
  • High School: Arnold
  • Middle School: Surfside
  • School Elementary: West Bay
Garage and Parking
  • Garage Spaces: 3.00
  • Open Parking Spaces: 0.00
  • Parking Features: AdditionalParking, Carport, Detached, Garage, GarageDoorOpener, Oversized, Paved
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir, CeilingFans, Electric
  • Heating: Central, Electric, Fireplaces
  • Sewer: SepticTank
  • Utilities: CableConnected, SepticAvailable
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2023
  • Trash Expense: 0.00
Other Features
  • Appliances: Dryer, Dishwasher, ElectricOven, ElectricRange, GasWaterHeater, Microwave, Refrigerator, Washer
  • Furnished: Furnished
  • Interior Features: Fireplace, InLawFloorplan
  • Legal Description: LAGUNA BEACH 4TH ADD. LOTS 7 & 8 BLK B ORB 2958 P 1485
  • Area Major: 03 - Bay County - Beach
  • Occupant Type: Occupied
  • Parcel Number: 37915-000-000
  • Style: Duplex
  • The Range: 0.00
  • View: Gulf
  • Views: 27
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Headshot for Associate Terriann Stewart
  1. Terriann Stewart, LLC,REALTOR ®
  2. Tropic Shores Realty
  3. Mobile: 352.220.1008
  4. realtor.terristewart@gmail.com