Live the Gulf Life on Florida’s Emerald Coast

Duplex

129 Malaga Place

Panama City Beach, FL 32413

MLS#: 1004644

$799,000

Status: Active
Listing number: 1004644
Listing provided by: Levin Rinke Realty
Listing agent phone: None
Last update: 17 hours ago
New on site 1 day ago
Browse Properties
LAGUNA BEACH ESTATES 4TH ADDN - Residential

Property

Beds

6

Full Baths

4

1/2 Baths

None

Year Built

1950

Sq.Footage

1,770

Take a look at this rare multi-use opportunity just steps from the sugar-white sands of Panama City Beach. Located less than a block from dedicated beach access, this renovated fully furnished coastal duplex offers the flexibility to be used as a private beach retreat, an income-producing investment, or the perfect blend of both. Featuring 6 bedrooms, 4 bathrooms, and two beautifully updated kitchens, this spacious property comfortably accommodates up to 16 guests with room for everyone to relax after a day at the beach. Whether you're hosting family vacations, generating short-term rental income, or living in one side while renting the other, the possibilities here are endless. Relax and enjoy gulf glimpses, salt breezes, and a fantastic walkable location near shopping, restaurants, and entertainment all while being tucked away in a charming beachside setting. Offered fully furnished and turn-key, this property is ready to start making memories and income from day one. Properties with this combination of location, flexibility, and income potential rarely come available. Make your appointment today!

Features & Amenities

Interior

  • Other Interior Features

    Kitchen Island

  • Total Bedrooms

    6

  • Bathrooms

    4

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Frame, Wood Siding

  • Other Exterior Features

    Private Yard

  • Patio and Porch Features

    Deck, Patio, Covered

  • Pool

    No

Area & Lot

  • Property Type

    Residential

  • Property Sub Type

    Townhouse

  • Architectural Style

    Duplex

Price

  • Sales Price

    $799,000

  • Tax Amount

    $6,351.02

  • Zoning

    Resid Multi-Family

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    West Bay

  • Middle School

    Surfside

  • High School

    Arnold

Property Features

  • New Construction

    NO

  • Sewer

    Septic Tank

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Bay

Elementary School

West Bay

Middle School

Surfside

High School

Arnold

Listing Courtesy of The White Sands Team , Levin Rinke Realty

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Rodney King

REALTOR®

Rodney King

Call Rodney today to schedule a private showing.

(850) 851-8778

Rodney@GulfLifeGo.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Take a look at this rare multi-use opportunity just steps from the sugar-white sands of Panama City Beach. Located less than a block from dedicated beach access, this renovated fully furnished coastal duplex offers the flexibility to be used as a private beach retreat, an income-producing investment, or the perfect blend of both. Featuring 6 bedrooms, 4 bathrooms, and two beautifully updated kitchens, this spacious property comfortably accommodates up to 16 guests with room for everyone to relax after a day at the beach. Whether you're hosting family vacations, generating short-term rental income, or living in one side while renting the other, the possibilities here are endless. Relax and enjoy gulf glimpses, salt breezes, and a fantastic walkable location near shopping, restaurants, and entertainment all while being tucked away in a charming beachside setting. Offered fully furnished and turn-key, this property is ready to start making memories and income from day one. Properties with this combination of location, flexibility, and income potential rarely come available. Make your appointment today!

129 Malaga Place

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Gulf Life Real Estate via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Related Properties

New on site today
Ocean Ritz 503 offers the ultimate Gulf-front retreat with 4 bedrooms, 4 full bathrooms, including 2 Gulf-front primary suites, and an expansive 12.5' x 40' balcony designed to maximize the breathtaking Emerald Coast views. The living room and both Gulf-front primary bedrooms open directly to the oversized balcony through stunning floor-to-ceiling sliding glass doors, creating seamless indoor-outdoor living and filling the space with natural light and panoramic Gulf views. This beautifully maintained condo includes a highly desirable assigned covered parking space. Updated in April 2020, the unit features new furniture, décor, and mattresses, creating a fresh coastal ambiance throughout. Major improvements include a complete HVAC system replacement in 2016 with an Airborne virus-killing blue light ionization air purifier, plus a new hot water heater and washer/dryer installed in 2019. Ocean Ritz amenities include a Gulf-front pool, hot tub, fitness center, sauna, and steam room. Conveniently located near Pier Park, Shipwreck Island Waterpark, and St. Andrews State Park, this spacious beachfront condo is ideal as a primary residence, second home, or investment property - offering luxury, comfort, and convenience in the heart of Panama City Beach.
#1004752

Panama City Beach

10611 Front Beach Road 503

4 Beds

4 Baths

1,637 Sq.Ft.

$908,000

MLS#: 1004752

New on site 1 day ago
INCREDIBLE ESCAPE BAY MODEL LOADED WITH FEATURES. OPEN FLOORPLAN, CHEFS KITCHEN AND TASTEFULLY UPGRADED. MASSIVE SLIDING DOOR LETS THE SUNSHINE IN! ESTIMATED COMPLETION SEPTEMBER 2026.
#790784

Panama City Beach

9507 Escape Avenue

2 Beds

2 Baths

2,421 Sq.Ft.

$656,549

MLS#: 790784

New on site 1 day ago
Welcome to 8475 Coral Reef Way, where exceptional upgrades, breathtaking preserve views, and an active coastal lifestyle come together in one remarkable home. This beautifully maintained, fully furnished (including golf cart), 2 bedroom, 2.5 bathroom with bonus room, single-family residence offers the perfect balance of luxury, comfort, and convenience in one of Panama City Beach's most desirable gated communities. Designed for both everyday living and entertaining, the open-concept floor plan features spacious living areas, abundant natural light, upgraded appliances, whole-house plantation shutters, and thoughtfully selected finishes throughout. The well-appointed kitchen flows seamlessly into the dining and living spaces, creating an inviting atmosphere for gatherings with family and friends. The private owner's suite provides a peaceful retreat, while additional guest accommodations offer comfort and flexibility for visitors. Step outside to enjoy tranquil preserve views, creating a picturesque setting for morning coffee, evening cocktails, or simply relaxing and enjoying Florida's natural beauty. Residents enjoy access to an impressive collection of resort-inspired amenities, including an on-site restaurant overlooking the Intracoastal Waterway, a bandshell hosting live music and community events, a fitness center, resort-style pool, pickleball courts, tennis courts, bocce ball courts, walking trails, and a dedicated dog park. The community is both golf-cart friendly and dog friendly, making it easy to enjoy the neighborhood, visit friends, attend events, or take your four-legged companion out for a stroll. The recreational amenities are just a 10-minute walk or a 2-minute golf cart ride from the home. Everyday convenience continues to improve with a new Publix grocery store planned at the entrance to the community, along with additional retail shops, dining options, and service businesses that will further enhance the neighborhood lifestyle. Current shopping, dining, and entertainment destinations, including Pier Park, are approximately 8 miles away. Medical facilities, including major healthcare providers and specialty services, are within approximately 10 miles, while Northwest Florida Beaches International Airport is approximately 12 miles away, making travel convenient for both residents and guests. Whether you're seeking a primary residence, seasonal retreat, or the next chapter of an active Florida lifestyle, 8475 Coral Reef Way offers an outstanding opportunity to enjoy beautiful surroundings, premium upgrades, a welcoming neighborhood atmosphere, and easy access to everything Panama City Beach has to offer.
#790824

Panama City Beach

8475 Coral Reef Way

2 Beds

2 Baths

2,072 Sq.Ft.

$669,900

MLS#: 790824

New on site 2 days ago
Located in the highly desired community of Turtle Cove on beautiful Lake Powell, this beautifully updated home features high-end finishes and thoughtful upgrades throughout. Residents of Turtle Cove enjoy exceptional amenities including a large clubhouse, fitness center, resort-style pool, pickleball court, basketball court, community dock, and amphitheater. This home offers a brand-new 2024 A/C system including condenser and air handler, luxury vinyl plank flooring throughout, updated light fixtures and ceiling fans, and new toilets. The gourmet kitchen has been completely remodeled with new appliances, a hood vent, quartz countertops, subway tile backsplash, and an upgraded sink, creating the perfect space for cooking and entertaining. Additional interior upgrades include oak tread stairs, custom trim work featuring shiplap, nickel gap, and crown molding, along with updated laundry room cabinetry. Enjoy enhanced comfort and efficiency with a whole-home air purification system and reverse osmosis water system. Exterior features include professionally finished epoxy-coated porches, adding durability and curb appeal. This move-in-ready home combines modern style, functionality, and quality craftsmanship throughout.
#1004589

Panama City Beach

216 Turtle Cove

4 Beds

3 Baths

2,262 Sq.Ft.

$650,000

MLS#: 1004589

Introducing a brand new coastal build home on 16th Street in Panama City Beach. Just a short walk to the sugar white sand and emerald waters. This 3 bedroom, 2.5 bath home is designed with elevated finishes throughout, including custom cabinetry, quartz kitchen countertops, and 9 foot ceilings that create a bright, open feel. Outside, enjoy your own private 10x20 pool, a paver driveway, and a paver pool deck for low-maintenance coastal living. With quality craftsmanship and an unbeatable location, this home is perfect as a primary residence, vacation retreat, or investment property. Information contained within this listing such as lot dimensions, is deemed to be accurate but is not guaranteed. Buyer to Verify.
#786153

Panama City Beach

218 16th Street

3 Beds

2 Baths

1,530 Sq.Ft.

$845,000

MLS#: 786153

New on site 4 days ago
Welcome to your slice of coastal paradise just steps from sugar-white sand and emerald waters—no roads to cross, no HOA, and your own PRIVATE POOL. This beach home offers walkable Gulf access, beach views, and resort-style living, perfect as a full-time residence, second home, or income-producing retreat. Enjoy dining, entertainment, and the heart of beach life. Highlights include a private backyard oasis with pool and outdoor shower, hardwood floors, Silver Pearl granite, stainless appliances, touch faucet, and electric fireplace. Outdoor living shines with two balconies, a porch flowing to the pool, and a converted garage game room. With no HOA, walkability, and peak season near, this rare coastal gem won't last.
#990993

Panama City Beach

4109 Ocean Street

3 Beds

2 Baths

1,600 Sq.Ft.

$847,000

MLS#: 990993

This 3BR/3BA gulf-front condo at Ocean Ritz combines space, comfort, and incredible views in a mid-size building with only 63 residences - just three per floor - meaning more privacy, fewer crowds, and plenty of room to enjoy the beach. The open living, dining, and kitchen area flow seamlessly together, framed by 9' ceilings and wall-to-wall glass doors that open to a massive 270 sq ft bowed balcony spanning the full width of the unit, showcasing an unobstructed view down the entire coastline. Ceramic tile flooring throughout adds easy maintenance, while the kitchen features granite counters, stainless steel appliances, and an inviting breakfast bar. Each bedroom has its own flat-screen TV and private bath, with the master suite offering balcony access and a king bed where you can wake up to emerald-green waters right outside. A deeded parking space makes life and rentals effortless. With resort amenities including a beachfront heated pool, hot tub, fitness center, sauna, and BBQ area - all set in beautifully landscaped surroundings - you'll love the balance of luxury and relaxation. Perfect as a vacation getaway or a strong-performing rental, this condo puts you minutes from Pier Park, Shipwreck Island, TopGolf, and the best dining in Panama City Beach. See why life is better with a little ritz - schedule your private tour today.
#778866

Panama City Beach

10611 Front Beach Road 1202

3 Beds

3 Baths

1,322 Sq.Ft.

$679,900

MLS#: 778866

New on site 4 days ago
Introducing a brand new coastal build home on 16th Street in Panama City Beach. Just a short walk to the sugar white sand and emerald waters. This 3 bedroom, 2.5 bath home is designed with elevated finishes throughout, including custom cabinetry, quartz kitchen countertops, and 9 foot ceilings that create a bright, open feel. Outside, enjoy your own private 10x20 pool, a paver driveway, and a paver pool deck for low-maintenance coastal living. With quality craftsmanship and an unbeatable location, this home is perfect as a primary residence, vacation retreat, or investment property. Information contained within this listing such as lot dimensions, is deemed to be accurate but is not guaranteed. Buyer to verify.
#990385

Panama City Beach

218 16th Street

3 Beds

2 Baths

1,530 Sq.Ft.

$845,000

MLS#: 990385

Welcome to your dream home in the highly sought-after Colony Club -- where luxury, space, and the ultimate Florida lifestyle come together. Situated on an oversized homesite across from the bay with peekaboo water views, this stunning one story 4-bedroom, 3-bath residence offers an incredible blend of comfort, function, and resort-style outdoor living. Step inside to discover an expansive open-concept floor plan featuring a massive living area, oversized dining space, and an enormous chef's kitchen designed for gathering and entertaining. Two additional flex spaces provide endless possibilities for home offices, playrooms, fitness rooms, or guest overflow. The grand primary suite is a true retreat, complete with a spacious bedroom, spa-inspired bathroom featuring a soaking tub, oversized shower, separate vanities, and generous custom closet systems. Every closet throughout the home includes custom built-in shelving for elevated organization and style. Outside is where this property truly becomes unforgettable. The backyard is nothing short of extraordinary -- one of the largest and most impressive entertaining spaces you'll find. Designed for hosting and making memories, it features a beautiful pool, fire pits and chimineas, outdoor TV lounge, grilling area, and endless green space with room for soccer games, a volleyball court, and more. This is the kind of backyard people dream about. Located in the heart of the Legacy Golf Club golf course community, you're just minutes from Pier Park, 30A, Frank Brown Park, top-rated schools, shopping, dining, Topgolf, and the new hospital. Enjoy quick access to Highway 79 for easy travel and less time in traffic -- plus take your golf cart to the beach anytime you want. Spacious, beautifully designed, and built for entertaining, this home offers the best of coastal living with room to truly live, relax, and play. *All measurements are approximate. Confirm if important*
#790244

Panama City Beach

331 Moonlight Bay Drive

4 Beds

3 Baths

3,987 Sq.Ft.

$949,000

MLS#: 790244

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Gulf Life Real Estate via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

I agree to receive communications and understand I can unsubscribe at any time.

I agree to be contacted by Gulf Life Real Estate via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service