$299,000

1016 15th St Unit 5A Mexico Beach, FL 32456

Estimated payment $2,013/month

Total Views 378
3 Beds
2 Baths
1,320 Sq Ft
$227 Price per Sq Ft

Highlights

  • Resort Property
  • Furnished
  • Front Porch
  • Main Floor Primary Bedroom
  • Community Pool
  • Walk-In Closet

About This Home

Townhouse at The Palms – Where Coastal Comfort Meets Style Welcome to The Palms, one of Mexico Beach's most desirable communities! This beautifully maintained 3-bedroom, 2-bath townhouse offers the perfect balance of relaxed coastal living and modern convenience—all just a short golf-cart ride or an easy half-mile stroll to the beach. Step inside to an inviting open-concept living and dining area, ideal for entertaining guests or relaxing after a sun-soaked day by the Gulf. The spacious primary suite is conveniently located on the main level, providing comfort, accessibility, and privacy. Upstairs, two additional bedrooms and a full bath offer the perfect space for family or guests. Enjoy access to the community pool and the well-kept grounds that enhance the tranquil, beach-town atmosphere. This home is being sold fully furnished, making it move-in ready—just bring your swimsuit and flip-flops! Whether you're seeking a vacation retreat, full-time residence, or a short-term rental investment, this property is ready to deliver the best of Mexico Beach living.

Listing Agent

Angie Phillips

Forgotten Coast Realty of NW Florida Brokerage Email: 8506483000, carol@buytheforgottencoast.net License #3456117 Listed on: 11/02/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,750

Year Built

  • Built in 2005

Lot Details

  • 1,320 Sq Ft Lot
  • Lot Dimensions are 24 x 55
  • Landscaped

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,320 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Storage

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Home Security

Parking

  • 2 Parking Spaces
  • Assigned Parking

Outdoor Features

  • Patio
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Personal items in closet.
  • Assessor Parcel Number 04185550170

Community Details

Overview

  • Association fees include accounting, recreational facilities
  • Resort Property
  • The Palms Subdivision
  • The community has rules related to covenants

Recreation

  • Community Pool

Additional Features

  • Picnic Area
  • Gross Income $25,082
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,750

Year Built

Built in 2005

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Directions: East on Hwy 98 in Mexico Beach, North on 15th st. Left into the Palms 5A is located on left.
  • Prop. Type: Residential
  • Property Sub Type: Townhouse,ASF (Attached Single Family)
  • Lot Size Acres: 0.0303
  • Lot Size: 24 x 55
  • Road Surface Type: Paved
  • Subdivision Name: The Palms
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse
  • Year Built: 2005
  • NAV22_ResortRentalYN: Yes
  • NAV22_BuildersWarrantyYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Self Cleaning Oven, Refrigerator w/Ice Maker, Electric Oven, Electric Water Heater
  • Furnished: Furnished
  • Interior Amenities: Storage, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Living Area: 1320
  • Window Features: Window Treatments
  • Master Bedroom Features: Blinds, Master Downstairs, Walk-In Closet(s)
  • Master Bathroom Features: Shower Only

Exterior Features

  • Exclusions: Personal items in closet.
  • Lot Features: Landscaped, Covenants/Restrictions, Within 1/2 Mile of Water
  • Roof: Shingle
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Frame
  • Foundation Details: Slab, On Grade
  • Patio And Porch Features: Front Porch, Patio
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Electric, Ceiling Fan(s)
  • Heating: Central Electric
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected, City Trash
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 750
  • Community Features: Picnic Area, Pool
  • Association Fee Frequency: Semi-Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Recreational Facilities

Lot Info

  • Lot Size Sq Ft: 1320
  • Additional Parcels: No
  • Parcel #: 04185550170
  • Zoning Description: City

Rental Info

  • Lease Term: Short Term Lease

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 3750.3

Multi Family

  • Annual Gross Income: 25082

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,071 $239,991 $69,000 $170,991
2023 $3,071 $169,945 $63,330 $135,320
2022 $2,609 $154,495 $0 $0
2021 $2,460 $140,450 $41,000 $99,450
2020 $1,701 $91,260 $41,000 $50,260
2019 $1,725 $92,649 $41,000 $51,649
2018 $2,105 $108,490 $0 $0
2017 $1,648 $100,734 $0 $0
2016 $1,620 $97,857 $0 $0
2015 $1,488 $88,961 $0 $0
2014 $1,512 $89,988 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2025 11/02/25 For Sale $299,000 +4.5% $227 / Sq Ft
01/23/2023 01/23/23 Sold $286,000 -14.6% $204 / Sq Ft View Prior Sale
12/17/2022 12/17/22 Pending -- -- --
09/27/2022 09/27/22 For Sale $335,000 +109.5% $239 / Sq Ft
03/27/2020 03/27/20 Sold $159,900 -10.2% $124 / Sq Ft View Prior Sale
01/31/2020 01/31/20 Pending -- -- --
12/04/2019 12/04/19 For Sale $178,000 +69.5% $138 / Sq Ft
08/30/2012 08/30/12 Sold $105,000 0.0% $81 / Sq Ft View Prior Sale
07/14/2012 07/14/12 Pending -- -- --
12/08/2011 12/08/11 For Sale $105,000 -- $81 / Sq Ft
Source: Forgotten Coast REALTOR® Association

Purchase History

Date Type Sale Price Title Company
Warranty Deed $286,000 --
Warranty Deed $286,000 None Listed On Document
Warranty Deed $159,900 Attorney
Warranty Deed $105,000 Attorney
Warranty Deed $262,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $243,100 New Conventional
Closed $243,100 New Conventional
Previous Owner $150,323 Future Advance Clause Open End Mortgage
Previous Owner $78,750 New Conventional
Previous Owner $236,150 Fannie Mae Freddie Mac
Source: Public Records

Source: Forgotten Coast REALTOR® Association

MLS Number: 324470

Forgotten Coast REALTOR® Association

APN: 04185-550-170