2 months on rocket

219 Malaga Pl, Panama City Beach, FL, 32413

$799,990

Home List Price

$9,500*

Closing Credit

2 Bedrooms
3 Full Baths
1,801 SqFt
$444/SqFt
Multi

Location

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219 Malaga Pl, Panama City Beach$799,990

Buyer Closing Credits

$9,500*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingAdditional Parking, Carport, Detached, Garage, Garage Door Opener, Oversized, Paved
Garage3 spaces
Year Built1958
HeatingCentral, Electric, Fireplace(s)
CoolingCentral Air, Ceiling Fan(s), Electric
ViewGulf
MLS #761611
Lot Size0.30 Acres
StatusActive

About 219 Malaga Pl

*** 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.

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1958
  • Living Area: 1,801 SqFt

Listing Office:

  • Office Name: RE/MAX Freedom

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Interior: Fireplace, In-Law Floorplan

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Gulf
  • Exterior: Sprinkler/Irrigation, Patio

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Additional Parking, Carport, Detached, Garage, Garage Door Opener, Oversized, Paved

Lot Features

Lot Information:

  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Fireplace(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric

Other

Directions Information:

  • Directions: Front Beach Road west past Hwy 79. Turn right on Malaga Place and home will be on the left, 2nd block in

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,990
  • Price Per SqFt: $444/SqFt

Tax Information:

  • Annual Amount: $527
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Panama City Beach, FL.

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Panama City Beach, FL

City

Med. Sold Price

$464.7K

Med. Price/SqFt

$328

Avg. Days On Market

104

# of Sold Homes

129

219 Malaga Pl vs Panama City Beach

89 DAYS ON ROCKET

-15 Days

$799,990

+$335.2K More

$444/SqFt

+$115 More

KEY TAKEAWAY

This property is $335.2K more than the Median Sold Price and $115/SqFt more than other homes in Panama City Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #761611

Listing Office:

  • Office Name: RE/MAX Freedom

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/18/2024, 10:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$527$75,938
2018$681$74,188
2017$400$58,048

History based on county public records data.

Payment Calculator

$4,060

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,465

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-833045
7
/10

  • West Bay Elementary School

  • 14813 School Dr

  • 5.11 miles

  • Public District Grades KG-5

school-card-donut-833046
5
/10

  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 6.19 miles

  • Public District Grades KG-5

school-card-donut-833047
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 10.98 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,148. Typical income of Panama City Beach, FL residents is less than $35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Bay County›Panama City Beach›32413›219 Malaga Pl

This home is located at 219 Malaga Pl in Panama City Beach, FL and zip code 32413 in the Laguna Beach neighborhood. This 1,801 square foot home, which was built in 1958, sits on a 0.30 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 21, 2024 and is currently priced at $799,990.

In October 2024, from all listings sold in Panama City Beach, FL there were more than 5 sold above asking price, over 99 sold below and more than 25 were sold right at the asked price. The number of listings in Panama City Beach, FL increased by 0.4% between September 2024 and October 2024. While the average time on the market in October 2024 was 104 days, the median list price was $464,783.

From Rocket Homes Real Estate and based on county public records data.

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