Hi There! Is this Your First Time?

Did you know if you Register you have access to free search tools including the ability to save listings and property searches? Did you know that you can bypass the search altogether and have listings sent directly to your email address? Check out our how-to page for more info.

  • Price$5,999,900
  • Beds24
  • Baths24
  • SQ. Feet12,300
  • Built2023

203 Malaga Place, Panama City Beach

THREE BRAND NEW DUPLEXES ONE BLOCK FROM THE GULF! Each 2-story duplex UNIT includes 4 bedrooms, 3.5 baths, 2,050 square feet, an open kitchen/dining/living concept, the master suite & the 1/2 bath on the 1st floor, a 2nd master suite upstairs, ample closet space, a washer/dryer hookup & a covered back porch with an outdoor storage room. Each duplex shares a HEATED in-ground saltwater pool. Construction is scheduled for completion sometime in February/March leaving you time to prepare for the rental season! Each unit could sleep 12+ depending on furniture. Current rental projections are around $100,000/unit per year. Each duplex is parceled separately (50x130 Lot), so purchase all three or you can purchase 1 duplex for $1,999,900. One Duplex has 4,100 SF, 8 Bedrooms and 8 Total Baths.

Essential Information

  • MLS® #733529
  • Price$5,999,900
  • Bedrooms24
  • Bathrooms24.00
  • Full Baths18
  • Half Baths6
  • Square Footage12,300
  • Acres0.00
  • Year Built2023
  • TypeResidential
  • Sub-TypeMulti Family
  • StatusActive


  • UtilitiesElectricity Available, Sewer Available, Water Available
  • FeaturesCleared, Landscaped, Subdivision
  • ParkingDriveway
  • GaragesDriveway
  • ViewGulf
  • Has PoolYes
  • PoolFenced, In Ground, Pool, Private, Salt Water


  • ExteriorHardiPlank Type
  • Exterior FeaturesFence, Pool, Porch
  • Lot DescriptionCleared, Landscaped, Subdivision
  • WindowsDouble Pane Windows
  • RoofMetal
  • ConstructionHardiPlank Type
  • FoundationSlab

Additional Information

  • HOA$0

Community Information

  • Address203 Malaga Place
  • Area03 - Bay County - Beach
  • SubdivisionLaguna Beach 4th Add
  • CityPanama City Beach
  • CountyBay
  • StateFL
  • Zip Code32413


  • InteriorPlank, Vinyl
  • Interior FeaturesBreakfast Bar, Recessed Lighting, Split Bedrooms
  • AppliancesDishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • HeatingCentral, Electric
  • CoolingCeiling Fan(s), Central Air, Electric

School Information

  • ElementaryWest Bay
  • MiddleSurfside
  • HighArnold

Listing Details

  • Listing OfficeCENTURY 21 Commander Realty

Price Change History for 203 Malaga Place, Panama City Beach, FL (MLS® #733529)

Date Details Price Change
Price Reduced (from $7,800,000) $5,999,900 $1,800,100 (23.08%)
Please provide a valid email address.

DISCLAIMER: 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 Source: Bay County Association Of REALTORS® Multiple Listing Service