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$79,000
785825 MLS
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.

645 Malaga Place, Panama City Beach

Listing courtesy of Performance Realty.

$245,000
785824 MLS
Prime PCB acreage just minutes from everything. Located less than 1 mile to the white sandy beaches and under 5 miles to Frank Brown Park, with quick access to 30A, this 1.65± acre tract on Malaga Place offers a rare opportunity to secure larger land near the coast. The property features public water and sewer available at the street and is zoned R-2, allowing for single & multi family opportunities. Surrounded by established neighborhoods and ongoing development, this location supports a wide range of potential uses, including townhomes, duplexes, or a small residential project. Larger tracts in this area are becoming increasingly scarce as nearby acreage trades at premium coastal values. Bonus opportunity: This parcel adjoins additional Malaga tracts that can be purchased separately or as a package for a combined ~3.7± acres, offering expanded development or investment potential.

00 Malaga Place, Panama City Beach

Listing courtesy of Performance Realty.

$249,000
785823 MLS
Less than 1 mile to the white sandy beaches and under 5 miles to Frank Brown Park, with quick access to 30A, this 1.86± acre Malaga Place property is positioned in one of the most in-demand pockets of Panama City Beach. Paved road access with public water and sewer available offers strong build potential, with R-2 zoning, you can build single family and multi-family homes on the property. Surrounded by established neighborhoods and ongoing development, this parcel presents an excellent opportunity for residential development. Adjoining parcels are available for a total of 3.7± acres. Buy land, they aren't making it anymore.

641 Malaga Place, Panama City Beach

Listing courtesy of Performance Realty.

$150,000
785502 MLS
Step into coastal opportunity with this prime .22 of an acre lot at 621 Malaga Place—a tranquil street in Sand Dollar Estates. Just blocks from the Gulf and beach access, this parcel offers endless potential: build your dream beach home, vacation rental, or custom retreat in a no HOA neighborhood. The lot features an easy circular street and ample space for outdoor living, a pool, or RV parking.

621 Malaga Place, Panama City Beach

Listing courtesy of Keller Williams Realty Emerald.