# 645 Malaga Place, Panama City Beach, FL 32413

> **TL;DR:** land, $79,000. Est. $342/mo. Listed 96 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $79,000 |
| Lot Size | 11,326 sqft (0.26 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 96 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $342 |
| **Total** | **$342** |

## Nearby Schools

- **Elementary:** West Bay
- **Middle:** Surfside
- **High:** Arnold

## Property Highlights

- 0.26 acre lot

## Description

### Agent 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 quarter of an 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.

## Location

- **Address:** 645 Malaga Place, Panama City Beach, FL 32413
- **County:** Bay
- **Neighborhood:** Sand Dollar Estates
- **Coordinates:** 30.247188, -85.919699
- **Google Maps:** https://www.google.com/maps?q=30.247188,-85.919699

## Listing Agent

- **Name:** Angela M Foust
- **Brokerage:** Performance Realty
- **Phone:** 8506281964
- **Email:** angelasellsthegulf@gmail.com

## Primary Photo

![645 Malaga Place - Primary Photo](http://lh.rdcpix.com/5fd9845ceac0c8887e45eca9bdf620e0l-f709567522r.jpg)

*5 total photos available on [listing page](https://www.propertysimple.com/listing/645-malaga-place-panama-city-beach-fl-32413-l785825)*

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**MLS#:** 785825 | **Updated:** 2026-06-19
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/645-malaga-place-panama-city-beach-fl-32413-l785825)

---

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