$3,999,000
$391K PRICE DROP

111 31st St Unit A & B Mexico Beach, FL 32456

Estimated payment $21,531/month

Total Views 33,711
12 Beds
14 Baths
7,514 Sq Ft
$532 Price per Sq Ft

Highlights

  • Hot Property
  • Gulf View
  • Furnished
  • Heated In Ground Pool
  • Bonus Room
  • No HOA

About This Home

This luxury duplex is a rental-ready gem, fully furnished and equipped to attract vacationers looking for a memorable stay in Mexico Beach. With a total of 12 en-suite bedrooms, along with two half baths and two bunk rooms, the property can comfortably host large groups, making it a lucrative investment in Florida's thriving rental market. This stunning luxury duplex in Mexico Beach, FL, is more than just a home; it's a gateway to creating unforgettable memories with family and friends. With its prime location, luxurious amenities, and versatile living options, it stands out as an exceptional opportunity for anyone seeking a slice of paradise. Whether you envision it as your dream home, a vacation getaway, or a profitable investment, this property is ready to welcome you to the best of beachside living. Each Side - Level 1: The first level greets you with a spacious foyer and a convenient half bath, setting the tone for the elegance that follows. Level 2: Ascend to the second level, where you'll find a spacious living-dining-kitchen area adorned with designer furniture. The gourmet kitchen features granite countertops, stainless steel appliances, a stylish backsplash, and exquisite wood cabinets, along with a charming farm sink. This level also includes a cozy bedroom with an en-suite bath, a powder room, and a laundry area. A covered porch provides stunning views of the beach and is the perfect spot for sunset watching. Level 3: On the third level, three additional bedrooms with en-suite baths ensure privacy and comfort for family members or guests. A covered porch offers a private escape to catch the refreshing Gulf breeze, making this level a perfect retreat after a day of beach fun. Level 4: Family Fun Zone The fourth level is dedicated to recreation, featuring a family area perfect for kids, along with two more bedrooms. One of these bedrooms is a fun haven, equipped with three sets of twin bunk. Enjoy the heated cocktail pool, a putting green & covered patio.

Listing Agent

Carol Erwin

Forgotten Coast Realty of NW Florida LLC License #3079585 Listed on: 11/14/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,688

Year Built

  • Built in 2023

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 72 x 106
  • Fenced

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • 7,514 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Bonus Room
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 12 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Pool

  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Port St. Joe Elementary And Middle School
  • Port St. Joe High School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,688

Year Built

Built in 2023

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2023
  • Property Sub Type: Duplex
  • Lot Size Acres: 0.17
  • Lot Size: 72 x 106
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Property Sub Type Additional: Duplex
  • Special Features: NewHome

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Interior Amenities: Breakfast Bar, Kitchen Island, Recessed Lighting, Split Bedrooms
  • Full Bathrooms: 12
  • Half Bathrooms: 2
  • Total Bedrooms: 12
  • Door Features: Storm Door(s)
  • Living Area: 7514.0
  • Dining Room Type: Bedroom, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Bonus Room
  • Stories: 3
  • Window Features: Storm Window(s)

Exterior Features

  • Pool Features: Gunite, Electric Heat, Pool, Private
  • Fencing: Fenced
  • Pool Private: Yes
  • View: Gulf
  • View: Yes
  • Waterfront: No
  • Construction Type: HardiPlank Type, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Balcony, Covered, Patio, Porch
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Driveway, Other
  • Garage: Yes

Utilities

  • Utilities: Cable Connected
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Association: No

Schools

  • Middle Or Junior School: Port St. Joe

Lot Info

  • Lot Size Sq Ft: 7405.0
  • Zoning Description: City

Rental Info

  • Furnished: Furnished

MLS Schools

  • Elementary School: Port St. Joe
  • High School: Port St. Joe

Map

Range of Values:

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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 $2,688 $814,596 -- --
2023 $2,688 $152,552 $165,830 $0
2022 $2,311 $138,684 $138,684 $0
2021 $1,741 $96,881 $0 $0
2020 $1,675 $93,730 $93,730 $0
2019 $1,491 $80,067 $80,067 $0
2018 $2,205 $114,685 $0 $0
2017 $1,838 $112,353 $0 $0
2016 $1,711 $103,389 $0 $0
2015 $1,734 $103,690 $0 $0
2014 $1,716 $102,080 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 Price Changed $3,999,000 -4.6% $532 / Sq Ft
04/14/2025 04/14/25 Price Changed $4,190,000 -2.3% $558 / Sq Ft
02/14/2025 02/14/25 Price Changed $4,290,000 -2.3% $571 / Sq Ft
11/14/2024 11/14/24 For Sale $4,390,000 +728.3% $584 / Sq Ft
07/30/2021 07/30/21 Sold $530,000 -3.5% --
06/27/2021 06/27/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $549,000 -- --
Source: Central Panhandle Association of REALTORS®

Mortgage History

Date Status Loan Amount Loan Type
Closed $2,000,000 Construction
Source: Public Records

About the Listing Agent

Carol Erwin

Forgotten Coast Realty of NW Florida LLC

(855) 750-1729

Section Image

Our community is a serene and tranquil hideaway from the busy schedule and pressures of everyday life.

Our beaches have sugar white sand and turquoise water with uncrowded beaches and every evening the sunset is breathtaking. This is what attracted my husband and me to the Forgotten Coast of Florida.

We relocated to Mexico Beach FL about 24 years ago from Southern Illinois. I grew up on a farm in Southern Illinois and helped with all the daily activities of farm life for many

Carol's Other Listings

  • 111 31st St Unit A, Mexico Beach, FL 32456

    $1,999,000 New Construction

    • 6 Beds
    • 6.5 Baths
    • 3,757 Sq Ft
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    • Unit A
    • Mexico Beach, FL

    Just Stunning!! Unit A - That describes this luxury duplex built in 2023 and decorated to the nines. Fully Furnished and Rental Ready with 6BR/6.5B and 3,376 SF heated and cooled space. Located just one lot from the beach in Mexico Beach, FL and on the Beachside of Hwy 98. LEVEL 1 - Foyer and half bath. LEVEL 2 - Spacious Living-Dining-Kitchen with Designer Furniture, granite countertops,

    Carol Erwin Forgotten Coast Realty of NW Florida LLC

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  • 111 31st St Unit B, Mexico Beach, FL 32456

    $1,999,000 New Construction

    • 6 Beds
    • 6.5 Baths
    • 3,757 Sq Ft
    • 111 31st St
    • Unit B
    • Mexico Beach, FL

    Just Stunning!! Unit B - That describes this luxury home built in 2023 and decorated to the nines. Fully Furnished and Rental Ready with 6BR/6.5B and 3,376 SF heated and cooled space. Located just one lot from the beach in Mexico Beach, FL and on the Beachside of Hwy 98. LEVEL 1 - Foyer and half bath. LEVEL 2 - Spacious Living-Dining-Kitchen with Designer Furniture, granite countertops,

    Carol Erwin Forgotten Coast Realty of NW Florida LLC

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  • 3300 U S 98 Unit 305, Mexico Beach, FL 32456

    $615,000

    • 3 Beds
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    • 1,529 Sq Ft
    • 3300 U S 98
    • Unit 305
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    Unit 305 3BR/3BA Condo located in Waterside Village is decorated beautifully and located on the 3rd floor. Split floor plan and has 2 large master suites w/walk-in closets, double sinks an additional guest bedroom & another full bath. Turn key ready. It overlooks a beautifully renovated POOL & HOT tub. A canal with DAY DOCKING for the boat lovers, and beach is only ONE BLOCK away for beach

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  • 3300 U S 98 Unit 109, Mexico Beach, FL 32456

    $349,000

    • 2 Beds
    • 2 Baths
    • 1,019 Sq Ft
    • 3300 U S 98
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    This charming totally remodeled, ground level, #109, fully furnished 2BD/2BA, sofa bed, canal view Condo within Waterside Village in Mexico Beach has a private balcony with a view of one of the largest pools in MB, hot tub and lighted boardwalk overlooking the magnificent canal where you can day dock your boat. This Condo also has a great rental history. The beautiful white sugar sand beach is a

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  • 117 S 37th St Unit C, Mexico Beach, FL 32456

    $1,399,000

    • 3 Beds
    • 3.5 Baths
    • 2,340 Sq Ft
    • 117 S 37th St
    • Unit C
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    GREAT INVESTMENT!! This stunning, fully furnished 3-bedroom, 3.5-bath Gulf-front townhome in Mexico Beach is a newly constructed property that redefines luxury coastal living. Thoughtfully designed with high-end finishes, breathtaking views, and a prime beachfront location, it offers a perfect blend of elegance and comfort. The entry-level foyer welcomes you with a stylish sitting area, while a

    Carol Erwin Forgotten Coast Realty of NW Florida LLC

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  • 236 Nannook Rd, Mexico Beach, FL 32456

    $750,000

    • 3 Beds
    • 3 Baths
    • 1,900 Sq Ft
    • 236 Nannook Rd
    • Mexico Beach, FL

    NEW CONSTRUCTION!! GOLF CART FRIENDLY and NO HOA! Welcome to coastal luxury at it's finest! This brand-new, custom-built beach house offers the perfect blend of modern elegance and relaxed seaside living. Ideally situated just a short stroll from the sugar-white sands, this home captures stunning views of the Gulf from the second level. Built with craftsmanship and attention to detail, the home

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  • 235 Kim Kove, Mexico Beach, FL 32456

    $548,000

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    • 235 Kim Kove
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    Major Price Reduction! Seller Motivated!! Live the coastal dream in this beautiful 3 bedroom, 2 bath house perfectly located a short walk from the sand and surf. Whether you're looking for a full time residence, a vacation getaway or an investment property, this home offers the perfect blend of comfort, style and beachside convenience. Newly renovated with luxury vinyl plank flooring and fresh

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  • 1302 U S 98 Unit 1e, Mexico Beach, FL 32456

    $490,000

    • 3 Beds
    • 2 Baths
    • 1,553 Sq Ft
    • 1302 U S 98
    • Unit 1e
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    Stunning 3 bedroom 2 bath condo at The Club in Mexico Beach. This corner unit located on the first floor faces the beach and has stunning views. This unit was upgraded after Hurricane Michael including custom cabinetry, counter tops, new appliances, flooring, custom built in bunks and more. Located conveniently just a few steps from the pool and hot tub. Selling furnished with just a few

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  • 1016 N 15th Unit 4C, Mexico Beach, FL 32456

    $289,000

    • 3 Beds
    • 2 Baths
    • 1,320 Sq Ft
    • 1016 N 15th
    • Unit 4C
    • Mexico Beach, FL

    This 3-bedroom, 2-bathroom townhouse is situated within the Palms subdivision of Mexico Beach, located just half a mile from the shoreline. The community offers residents the convenience of a swimming pool. The ground floor boasts an open-plan layout featuring a master bedroom adjacent to the kitchen, a jack-and-jill bathroom, and a walk-in closet. The second floor comprises two additional

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Source: Central Panhandle Association of REALTORS®

MLS Number: 765146

Central Panhandle Association of REALTORS®

APN: 04561-010-000