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About This Home

This 2-bedroom, 3-bathroom single family at 208 Malaga Place in Panama City Beach, FL is listed for $899,000 ($778 per sqft). Built in 2016, the home offers 1,156 sqft of living space on a 0.07 acres lot.

Agent Description

Beautifully updated and fully furnished coastal short-term-rental beach house just steps from your dedicated Laguna Beach access. This two-story home features a metal roof, charming porch swings, and a vaulted balcony perfect for enjoying Gulf breezes.

Inside, you'll find an open layout with a bright white kitchen, granite counters, stainless appliances, under-cabinet lighting, new dishwasher, whole outside of house freshly painted, updated light fixtures, new sink disposal, and porcelain tile throughout.

Both upstairs bedrooms offer private updated bathrooms and open to the covered balcony. A spacious double bunk room provides a third sleeping area. Over $100,000 in upgrades have transformed this property into a turnkey retreat, including a fully renovated backyard with a luxury swim spa, sauna, cold plunge, complete outdoors workout gym/equipment,

no backyard maintenance turf, new fencing and outdoor entertainment lights, outdoor seating, hanging swing chairs and hammock, updated security systems, new mailbox, and more. The home comes stocked with multiple bikes, paddleboard, fully ready beach lounge chairs, and two lockout storage closets.

Sleeps eight with a queen pull-out sofa. Optional 2022 Mini Cooper S Convertible is available separately with purchase of house. Short-Term-Rental Projected at up to $90K yearly! Just a 5 min walk to beach access at end of street. Located-1 mile to Carousel Market and Thomas Donuts, 3 miles to Pier Park, and minutes to 30A. Enjoy the highly desirable West End of Panama City Beach, one of the few communities with a dedicated, no high-rise obstructed view of the beachfront, beautiful sought after Laguna Beach!

Key Features

  • Built in 2016
  • 0.07 acre lot
  • 2 stories
  • Private pool

Property Details

2 stories
2 full, 1 half
2016

Amenities

PoolA/C

Monthly Cost Estimate

$4,808/mo

20% down · 6.5% · 30 years

Principal$650
Interest$3,896
Insurance$262

Estimates only. Actual payments may vary.

Location

208 Malaga Place

Panama City Beach, FL 32413

Laguna Beach

Features & Amenities

Interior Features

InteriorStepsSmartHomeSmartThermostat

Exterior Features

BarbecueCoveredPatioDeckPatioOutdoorShower

Property Details

Construction

HardiplankType Concrete WoodFrame

Pool Features

PatioPorchDeck

Heating

CentralElectric (Heating)

Cooling

Ceiling Fan(s)Central Air

Appliances

WasherDryerStackedEnergyStarQualifiedAppliancesElectricCooktopElectricOvenElectricWaterHeaterIceMakerPlumbedForIceMakerWarmingDrawer

Questions & Answers

This 2-bedroom, 3-bathroom single family at 208 Malaga Place is listed at $899,000 ($778/sqft). The estimated monthly payment is $3,896 based on 20% down at 6.5% interest.

Key features include: Built in 2016, 0.07 acre lot, 2 stories, Private pool. Interior Features: InteriorSteps, SmartHome, SmartThermostat. Exterior Features: Barbecue, CoveredPatio, Deck.

This property is listed by Kelly R McGrath and can be reached at 9726394795 or kellyroserealestate@gmail.com.

KM

Kelly R McGrath

Agent at Realty One Group Emerald Coast

(972) 639-4795

Listed by Realty One Group Emerald Coast · View on Broker Site

MLS# 782077· Source: listhub· Updated 188 days ago

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

208 Malaga Place, Panama City Beach, FL 32413

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