www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29313089
29313105

114 Malaga Pl, Panama City Beach, FL 32413

Scenic Sotheby's International Realty
Listed by Scenic Sotheby's International Realty
$1,629,000
159 days on market
Updated 159 days ago

Panama City Beach Gulf View Fourplex

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 4,356
Net Rentable (SqFt) 4,356
Units 4
Cap Rate 6.8%
NOI $110,787
Occupancy 100%
Price per SqFt $374
Broker Co-Op Yes
Class B
Year Built 2006
Year Renovated 2022, 2025
Buildings 1
Stories 2
Acreage 0.180
Zoning MULTI-FAMILY 10 LESS
Parking Spaces 4 per unit
Investment Type Owner/User
Ownership Private
Sale Condition 1031 exchange

Fourplex ideal for short term rentals in an outstanding location

Marketing description

Located just one row back from the Gulf in the desirable Laguna Beach community, this income-producing quadplex offers the ideal combination of location, flexibility, and long-term value. Whether you're a seasoned investor or entering the market, this is a rare opportunity you don’t want to miss. Two of the units are currently leased to reliable long-term tenants, providing consistent monthly income. The remaining two units are operating as short-term rentals, giving you the opportunity to capitalize on high-demand vacation traffic. Positioned on valuable land just steps from the beach, this property is perfectly suited for strong cash flow today and solid appreciation tomorrow. Don’t miss your chance to invest in one of the Gulf Coast’s most sought-after areas.

Investment highlights

This well-located fourplex is positioned just one home back from the Gulf of America, offering desirable Gulf views and consistent coastal tenant demand. The property provides flexibility for both short-term and long-term rental strategies, allowing investors to adapt to market conditions and optimize income. With opportunities to enhance the building and individual units, the asset presents a clear value-add upside through renovations and operational improvements, creating the potential for increased rents and long-term appreciation in a prime coastal location.

Listing Contacts

Scenic Sotheby's International Realty
Listed by Scenic Sotheby's International Realty

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$110,787.00
$9,232.25/mo

Valuation Metrics

0
DSCR
6.8%
Cap Rate
6.8%
ROI

Map

Zoning

Intelligence Badge
C-2 CommercialSpecial CommercialPlaza Commercial
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 42 uses
View all 42 uses
Last updated Jan 27, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591