641 Malaga Place, Panama City Beach, FL 32413

Panama City Beach
Local realty services provided by:Better Homes and Gardens Real Estate Historic
641 Malaga Place,Panama City Beach, FL 32413
$549,000
  • 3.69 Acres
  • Lots / Land
  • Active
Listed by: angela m foust
Office: performance realty
MLS#:795231
Source:FL_BCMLS

Price summary

  • Price:$549,000

About this home

ATTENTION FLORIDA INVESTORS & DEVELOPERS -- 3.69± ACRES NEAR THE BEACH, PIER PARK & PIRATES VOYAGE ATTENTION FLORIDA INVESTORS AND DEVELOPERS! Here is an opportunity to secure approximately 3.69 contiguous acres in one of Panama City Beach's quickly growing corridors--less than one mile from the beach and near Pier Park, Panama City Beach Parkway and Dolly Parton's Pirates Voyage Dinner & Show. Three adjoining parcels are being offered together for $549,000. The property has a Residential future land-use designation and current Bay County R-2 zoning, creating potential for a residential subdivision, townhome community or other residential development concept, subject to governmental approval and development requirements. Here are the numbers: recent nearby 0.07-acre residential lots sold for approximately $52,500 to $55,000, averaging about $53,333 per lot. At a conservative future retail value of $50,000 per finished lot, a conceptual 26-lot development would represent...

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Home facts

  • Subdivision & Development:Sand Dollar Estates
  • Listing ID #:795231
  • Added:31 day(s) ago
  • Updated:October 12, 2026 at 02:32 PM

Structure and exterior

  • Lot area:3.69 Acres

Schools

  • High school:Arnold
  • Middle school:Surfside
  • Elementary school:West Bay

Utilities

  • Sewer:Sewer Available

Finances and disclosures

  • Price:$549,000
  • Tax amount:$10 (2025)
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