231 Nannook Rd Mexico Beach, FL 32456
Estimated payment $3,314/month
Highlights
- Newly Painted Property
- Florida Architecture
- No HOA
- Vaulted Ceiling
- Furnished
- 5-minute walk to Mexico Beach Sunset Park
About This Home
Don't miss this opportunity to assume a 3.25% VA loan with a balance of approximately $372,000 — a remarkable advantage in today's market. This recently remodeled 3BR/2BA beach cottage has been worked on inside and out, featuring new siding, a new roof, new fencing, fresh interior paint, and all-new furniture that conveys with the home. The kitchen has been updated with new cabinets and countertops, and luxury vinyl plank flooring runs throughout, perfect for a beach house. A brand new hot tub, a 10x12 storage shed, and a new backyard playground make this property as functional as it is fun, while the oversized covered back porch outfitted with polywood furniture creates the ideal space for entertaining or unwinding after a day at the beach. The large master bedroom accommodates a king-size bed, and the concrete driveway and fully fenced yard round out the package. A new HVAC was installed in 2025, giving buyers added peace of mind. Located just a short walk from the beach and the City Park, complete with pickleball courts, tennis and basketball courts, and a playground, this home is close to the amenities, while still being located on one of Mexico Beach's less-traveled roads. With a strong short-term rental history and everything already in place to hit the ground running, this property works equally well as a primary residence or a turnkey investment opportunity. Call today!
Listing Agent
98 Real Estate Group, LLC Brokerage Phone: 8506482200 License #3538531 Listed on: 02/20/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 2003 | Remodeled
Lot Details
- 8,400 Sq Ft Lot
- Lot Dimensions are 75 x 112
Home Design
- Florida Architecture
- Beach House
- Newly Painted Property
- Slab Foundation
- Frame Construction
- Metal Roof
- Vinyl Siding
Interior Spaces
- 1,444 Sq Ft Home
- Furnished
- Vaulted Ceiling
- Recessed Lighting
Kitchen
- Convection Oven
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 4 Parking Spaces
- Driveway
- Open Parking
Utilities
- Natural Gas Connected
- Internet Available
- Cable TV Available
Community Details
- No Home Owners Association
- Grand Isle Subdivision
Listing and Financial Details
- Assessor Parcel Number 04973650000
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | -- | $388,673 | $117,346 | $271,327 |
| 2024 | -- | $332,643 | -- | -- |
| 2023 | -- | $322,954 | $0 | $0 |
| 2022 | $0 | $313,061 | $78,765 | $234,296 |
| 2021 | $2,709 | $154,672 | $0 | $0 |
| 2020 | $2,620 | $140,611 | $48,393 | $92,218 |
| 2019 | $1,392 | $74,789 | $42,119 | $32,670 |
| 2018 | $2,261 | $118,193 | $0 | $0 |
| 2017 | $1,894 | $115,721 | $0 | $0 |
| 2016 | $1,935 | $116,921 | $0 | $0 |
| 2015 | $1,963 | $117,388 | $0 | $0 |
| 2014 | $1,977 | $117,653 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/20/2026 02/20/26 | For Sale | $529,000 | +15.0% | $366 / Sq Ft | |
| 06/21/2024 06/21/24 | Sold | $460,000 | -7.8% | $319 / Sq Ft | View Prior Sale |
| 05/09/2024 05/09/24 | For Sale | $499,000 | 0.0% | $346 / Sq Ft | |
| 04/24/2024 04/24/24 | Pending | -- | -- | -- | |
| 03/17/2024 03/17/24 | Price Changed | $499,000 | -2.2% | $346 / Sq Ft | |
| 03/02/2024 03/02/24 | Price Changed | $510,000 | -5.4% | $353 / Sq Ft | |
| 01/23/2024 01/23/24 | Price Changed | $539,000 | -1.8% | $373 / Sq Ft | |
| 01/05/2024 01/05/24 | For Sale | $549,000 | +34.6% | $380 / Sq Ft | |
| 11/30/2021 11/30/21 | Sold | $408,000 | -5.1% | $283 / Sq Ft | View Prior Sale |
| 10/11/2021 10/11/21 | Pending | -- | -- | -- | |
| 07/09/2021 07/09/21 | For Sale | $430,000 | -- | $298 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $460,000 | None Listed On Document | |
| Warranty Deed | $460,000 | None Listed On Document | |
| Warranty Deed | $408,000 | None Available | |
| Warranty Deed | $175,000 | Attorney | |
| Warranty Deed | $35,900 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $408,000 | New Conventional | |
| Closed | $408,000 | New Conventional | |
| Previous Owner | $408,000 | VA | |
| Previous Owner | $145,000 | Balloon |
Source: Forgotten Coast REALTOR® Association
MLS Number: 326462
APN: 04973-650-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Property information provided by the FCRA MLS – a service of the Forgotten Coast REALTOR® Association.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.
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Ask me questions while you tour the home.