219 Malaga PL Active Save Request In-Person Tour Request Virtual Tour
Panama City Beach,FL 32413
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,801 sqft
Price per Sqft $444
Subdivision Laguna Beach 4Th Add
MLS Listing ID 761611
Style Duplex
Bedrooms 2
Full Baths 3
Year Built 1958
Annual Tax Amount $607
Tax Year 2023
Lot Size 0.300 Acres
Property 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.
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 03 - Bay County - Beach
Interior
Heating Central,Electric,Fireplace(s)
Cooling Central Air,Ceiling Fan(s),Electric
Exterior
Exterior Feature Sprinkler/Irrigation,Patio
Garage Additional Parking,Carport,Detached,Garage,Garage Door Opener,Oversized,Paved
Garage Spaces 3.0
Garage Description 3.0
Fence Partial
Community Features Short Term Rental Allowed
Utilities Available Cable Connected,Septic Available
Waterfront No
View Y/N Yes
View Gulf
Roof Type Metal
Building
Dwelling Type Duplex
Sewer Septic Tank
Schools
Elementary Schools West Bay
Middle Schools Surfside
High Schools Arnold
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Listed As-Is