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306 Malaga Place, Panama City Beach, FL - photo 1

$549,000

306 Malaga Place

Panama City Beach, FL 32413

Estimated payment $3,294/month

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2Beds
2Baths
—Sq Ft
—Price/Sq Ft

Preferred partner

Kinsfolk Realty

Kinsfolk Signature Realty

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Highlights

No HOA
Built in 1961
3,049 sqft Lot

About This Home

BEACH HOUSE, VACATION ESCAPE OR INCOME-PRODUCING VRBO 306 Malaga Place offers an incredible opportunity to own your piece of Panama City Beach in a location that puts the best of the coast within easy reach. Located in Laguna Beach and just a few blocks from the sugar-white sand and emerald waters of the Gulf, this inviting 2-bedroom, 2-bath beach cottage offers approximately 1,205 square feet of comfortable coastal living with NO HOA and short-term rentals allowed. Perfect as a full-time residence, second home or vacation rental investment, this property offers the flexibility to enjoy the beach lifestyle yourself while creating rental potential when you're away. Thoughtful updates throughout the home include LVP flooring, granite countertops, Frigidaire stainless steel appliances and updated baths, while a bonus/sunroom provides additional space for relaxing, entertaining or accommodating guests. A great addition is the fenced-in front porch, creating a private outdoor retreat for morning coffee, unwinding after a day at the beach, or giving the pups their own secure spot to enjoy the coastal breeze. The location is where this property really shines. Spend the day at the beach, head to nearby Pier Park for shopping, dining and entertainment, or venture west to explore the restaurants, shops, beaches and communities along Scenic Highway 30A. With both Panama City Beach and 30A at your fingertips, you can enjoy the best of both worlds. Whether you're looking to LIVE HERE FULL TIME, ESCAPE TO YOUR OWN BEACH HOUSE or add a VRBO/VACATION RENTAL to your investment portfolio, 306 Malaga Place delivers location, flexibility and laid-back coastal living. Come for the beach. Stay for the lifestyle. Let your investment work when you're away.

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Facts & features

Bedrooms & bathrooms

  • •Bedrooms:2
  • •Bathrooms:2
  • •Full bathrooms:0

Heating

  • •Has Heating:Yes

Interior area

  • •Total structure area:0 sqft
  • •Total interior livable area:0 sqft

Parking

  • •Parking features:N/A
  • •Garage spaces:0
  • •Has attached garage:No

Lot

  • •Size:3,049 sqft

Details

  • •Parcel number:N/A

Type & style

  • •Home type:Detached Single Family
  • •Property subtype:Residential

Materials

  • • N/A

Condition

  • •Year built:1961

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Price history

DateEventPrice
2026-09-21T00:00:00.000ZListed for sale$549,000$0/sqft

Listing Agent

Amy M Wiggins

The Beach Group Properties LLC

Brokerage Phone: 850-231-9007

Source: Emerald Coast MLS · MLS #1012443

Data Powered by Home Junction, Inc.

Nearby

Supermarkets

Laguna Beach Supply Co.

0.4 mi

Carousel Supermarket

0.4 mi

Dining

Big Daddy's Bar-B-Q

0.2 mi

Pho Pier 77

0.3 mi

Waterborne Coffee Co.

0.5 mi

Beaches

Pier Park Beach

3.3 mi

Panama City Beaches

4.5 mi

Eastern Green Beach

5.5 mi

Nearby amenity locations include data © OpenStreetMap contributors.