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$1,615,980

Beds
4
Baths
4.5
sq ft
2,597

211 Malaga Pl, Panama City Beach, FL 32413

211 Malaga Pl

Panama City Beach, FL 32413

  • <1 day on market
LAGUNA BEACH LUXURY... perfectly timed for the high rental season! This stunning beach home blends luxury design with upscale features, making it the ideal investment with exceptional proven rental history or dream vacation home. Luxurious Living Spaces! The main living areas are situated upstairs, offering a unique twist on traditional layouts. Two beautifully designed living spaces showcase refined designer touches, providing comfort and sophistication. The gourmet kitchen is an entertainer's delight, featuring an oversized kitchen island, an additional bar, dining table, a gas stove & oven, and a dedicated coffee & wine bar area. Coffee bars on both floors ensure every morning starts with ease, while the wine cooler keeps your favorite vintages perfectly chilled. The upper level also features one of two primary bedroom suites plus an additional half bath. Downstairs, you'll find another primary bedroom suite and two additional, well-appointed bedrooms, all with their own baths, including a brand-new bunk room (2024) with 6 built-in, extra-long (adult-length) beds and a private bath. This home sleeps 12! Outdoor Oasis! Step out into your backyard retreat featuring a private, heated saltwater pool surrounded by tropical landscaping. A charcoal grill, dining area, and beach toys make it perfect for family fun. For added entertainment, enjoy the outdoor ping-pong table and selfie wall under the carport. Prime Location! Relax on either of the spacious front or back balconies. The dedicated private beach is just one block away, offering easy access to the pristine white sands. This property is not just a home - it's a lifestyle. With its exceptional designs, luxurious amenities, and prime location, this is the dream rental, second home, or primary residence you've been looking for. No HOA. Proven rental success! This is your opportunity to own a piece of paradise with reservations already on the books in 2025!

Details

Property type

Single Family Residence

Est. home value

$970,222

Lot size

6,534 sq ft

Price per sq ft

$623

Year built

2020

Annual property taxes

$10,460

HOA

No

Price History

01/30/2025
CentralPanhandle

CentralPanhandle #770565

Listed
$1,615,980
+67.03%
05/20/2022
CentralPanhandle

CentralPanhandle #722592

Sold
$967,500
+76.55%
05/19/2020
CentralPanhandle

CentralPanhandle #695593

Sold
$548,000
+329.8%

Schools & Community

Elementary school: 

West Bay

Middle school: 

Surfside

High school: 

Arnold

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$965,675
Asking price
$1,615,980
Closing costs (~8% of asking)
-$129,278
Est. remaining loan balance
-$521,027
Cash to seller
$965,675

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Studio Bank

Loan start date

May 2022

Original loan amount

$545,500

Est. remaining balance

$521,027

Interest rate

4.67%

Loan type

New Conventional, 30 year

Seller

Deborah S Atkins and Michael L Atkins

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/18/2025 at 11:20 PM

Listing updated: 03/18/2025 at 3:30 PM

Listed by: Kimberly K Guy, Keller Williams Realty Destin Phone #: (850) 654-2900

MLS: CentralPanhandle #770565

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