211 Malaga Place, Panama City Beach

$1,499,999

4 Beds
5 Baths
2,597 Sqft
.15 Acre
0 Garage

LAGUNA BEACH LUXURY POOL HOME... 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 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 or primary residence you've been waiting for. No HOA. Proven rental success!

Essential Information
MLS® #967332
Price$1,499,999
Sold Price$1,400,000
Date Sold$2025-11-03
Bedrooms4
Bathrooms5.00
Full Baths4
Half Baths1
Square Footage2,597
Acres0.15
Year Built2020
TypeResidential
Sub-TypeDetached Single Family
StyleBeach House
StatusSold
Community Information
Address211 Malaga Place
Area27 - Bay County
SubdivisionLAGUNA BEACH
CityPanama City Beach
CountyBay
StateFL
Zip Code32413
Amenities
AmenitiesShort Term Rental - Allowed
Has PoolYes
PoolHeated
Utilities

Electric, Gas - Natural, Phone, Public Water, Septic Tank, Sewer Available, TV Cable

Parking

Attached Carport, Oversized, Covered

Interior
HeatingCentral, Gas - Natural
CoolingCentral Air, Ceiling Fan(s)
# of Stories2
Interior Features

Crown Molding, Vaulted Ceiling(s), Kitchen Island, Recessed Lighting, Owner's Closet, Washer/Dryer Hookup

Appliances

Dishwasher, Disposal, Dryer, Microwave, Washer, Gas Water Heater, Tankless Water Heater

Exterior
RoofMetal
Exterior Features

Outdoor Grill, Balcony, Private Yard, Sprinkler System

Lot Description

Level, Within 1/2 Mile to Water

Windows

Double Pane Windows, Window Treatments

Construction

Trim Wood, Siding CmntFbrHrdBrd

School Information
ElementaryWest Bay
MiddleSurfside
HighArnold
Additional Information
Days on Website623
ZoningResid Single Family
Listing Details
OfficeKeller Williams Realty Destin
Property History
Price Reduced from $1,549,900 to $1,499,999
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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.

Listing information last updated on October 15th, 2026 at 8:22am CDT.