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2 Beds
2 Baths
1,205 sqft

$549,000

306 Malaga Place, Panama City Beach FL, 32413

Price per sqft$455.60
Built in1961
Property size1,205 sqft
Property typeResidential

Overview

Active

Listed Sep 21, 2026

Updated 14h ago

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.

$3,653/mo

Est. mortgage payment based on a $549,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1012443

Interior Features

Bedrooms
2
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.07 Acres

Other Property Details

Taxes
$4,505
Tax Frequency
Annually
MLS provider logo

Courtesy of The Beach Group Properties LLC, 
Listing Contact: 850-332-4743 

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Randy Carroll  shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 7:52 AM UTC, 9/22/2026

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