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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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306 Malaga Pl , Panama City Beach, FL 32413
$549,000
Est. Payment: $3,033.15/mo
2 Bed
2 Bath
1205 Sqft
0.07 Acres
Status: Active | Days on site: 3
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Harrison Lilly Team
Owner/Operator

House Description

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.

Highlights

Listed by Amy M Wiggins , 850-332-4743 The Beach Group Properties LLC , 850-231-9007. Emerald Coast Multiple Listing Services

Property Type

Residential

Lot/Acreage
0.07

Year Built

1961

County

Bay

Area

27 - Bay County

Neighborhood

Laguna Beach Estates

Listing ID

1012443

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator W/IceMk, Stove/Oven Electric, Washer, Water Heater - Elect
Air Cond:Central Air
Fireplaces:
Floor:Floor Vinyl
Other:
  • ▪ Additional:Newly Painted

Exterior Features

Lot:Interior
Lot Dimensions:48 X 49 X 63 X 63
Zoning:Resid Single Family
Others:
  • ▪ Additional:Patio Covered
Sewer:Public Sewer
Principal Interest
$3,033
Taxes
$375

Home Price

$549,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$109,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,033.15

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,033.15 $375.40 $0.00 $3,408.55
Yearly $36,397.75 $4,504.85 $0.00 $40,902.60
Total $1,091,932.53 $135,145.50 $0.00 $1,227,078.03

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Panama City Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T04:14:31.000Z

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