$475,000
Located just steps from the beach, directly across a small local street, in the Malibu Beach community of Gorgona, Panama West, this property offers immediate ocean access and the opportunity to create your own coastal retreat on a rare, sizable lot. The home is approximately 1 hour and 15 minutes from Panama City and just 10 minutes from Coronado, where you’ll find shopping centers, banks, medical clinics, restaurants, and all essential services—allowing you to enjoy a relaxed beach lifestyle without sacrificing convenience. Set on a 1,000 m² (0.25-acre) lot, the property features approximately 230 m² (2,475 sq ft) of solid concrete block construction distributed over two levels. The structure is well-built and provides a strong foundation for renovation, personalization, and future expansion. The upper level includes two bedrooms, each with its own en-suite bathroom and access to a spacious balcony offering partial ocean and mountain views, ideal for enjoying sea breezes, sunsets, and the sound of the waves. The ground level features two additional bedrooms, a full bathroom, a guest half bath, living and dining areas, and an open kitchen space that would benefit from updating and modernization. Outdoor spaces include a swimming pool and a gazebo with its own bathroom and food preparation area, creating a natural setting for gatherings, BBQs, and outdoor living. These areas offer good potential and can be enhanced to fully reflect the property’s beachside setting. Important note: This home requires renovation, including interior and exterior painting, kitchen upgrades, and general cosmetic improvements. It is best suited for buyers looking for a project property—someone with vision who wants to add value and personalize a home in a prime coastal location rather than a turnkey beach residence. What truly sets this property apart is its immediate proximity to the ocean, generous land size, and solid construction, a combination that is increasingly difficult to find this close to the beach. The lot provides ample room for expansion, additional structures, or further development, making it attractive for both end users and investors. Malibu Beach is known for its laid-back coastal atmosphere and strong sense of community, with access to a local fishermen’s market, nearby restaurants, fruit stands, and vendors offering fresh seafood and tropical produce daily. This property represents a value-driven opportunity for those seeking a steps-from-the-beach home with renovation and growth potential in one of Panama’s established and authentic coastal communities.
4
3.5
0.25 acres
