Address: 645 Malaga Place, Panama City Beach, FL 32413
Description
Less than one mile from the pristine white sandy beaches of Panama City Beach, this vacant land offers an exceptional opportunity for builders, developers, or investors seeking a coastal location with strong upside. This approximately 1.86 acre parcel provides ample space for a small multi family, townhome, or residential development in an area experiencing continued growth and demand.
The property features paved road access with public water and sewer available at the street and is zoned R 2, allowing for single family & multi family.
Need more land? Additional adjoining Malaga parcels are available, allowing for a combined assemblage of approximately 3.7 acres for a larger development footprint or long term investment strategy.
The property's proximity to Panama City Beach's sandy shores, less than one mile away, ensures that residents will enjoy the ultimate beach lifestyle, with sun, surf, and relaxation just a short stroll from their doorstep.
Panama City Beach consistently ranks as one of Florida's top tourist destinations, offering investors the potential for significant rental income and long term appreciation.
Less than one mile from the pristine white sandy beaches of Panama City Beach, this vacant land offers an exceptional opportunity for builders, developers, or investors seeking a coastal location with strong upside. This approximately 1.86 acre parcel provides ample space for a small multi family, townhome, or residential development in an area experiencing continued growth and demand.
The property features paved road access with public water and sewer available at the street and is zoned R 2, allowing for single family & multi family.
Need more land? Additional adjoining Malaga parcels are available, allowing for a combined assemblage of approximately 3.7 acres for a larger development footprint or long term investment strategy.
The property's proximity to Panama City Beach's sandy shores, less than one mile away, ensures that residents will enjoy the ultimate beach lifestyle, with sun, surf, and relaxation just a short stroll from their doorstep.
Panama City Beach consistently ranks as one of Florida's top tourist destinations, offering investors the potential for significant rental income and long term appreciation.
Features
Building and Construction
Covered Spaces: 0.00
Living Area: 0.00
Land Information
Lot Features: Paved
School Information
High School: Arnold
Middle School: Surfside
School Elementary: West Bay
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Utilities
Carport Spaces: 0.00
Utilities: SewerAvailable
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Pet Deposit: 0.00
Security Deposit: 0.00
Tax Year: 2025
Trash Expense: 0.00
Other Features
Legal Description: SAND DOLLAR ESTATES 20C1 LOT 23 BLK A
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