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

    New
    For Sale
    $3,999,000

    MULTI_FAMILY - Other - Mexico Beach, FL

    Lot size:
    0.17 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 111 31St St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Standard status
    Active
    Rooms
    Bedroom 6, Bathroom 12, Bathroom 8, Bathroom 10, Bathroom 11, Bedroom 5, Bedroom 9, Bathroom 14, Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 10, Bathroom 6, Bathroom 9, Bathroom 4, Laundry Room, Bedroom 12, Bathroom 3, Bonus Room, Bedroom 2, Bedroom 3, Bedroom 11, Bedroom 8, Bathroom 7, Bathroom 5, Bathroom 2, Bathroom 13, Bedroom 7
    Bedrooms
    12
    Bathrooms
    14
    APN
    04561-010-000
    Patio and Porch features
    Porch, Patio
    Fencing
    Fenced
    Appliances
    ElectricOven, ElectricRange, TanklessWaterHeater
    Lot size
    0.17 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central
    Cooling system
    Central Air, Ceiling Fan(s)
    Water front
    1

    Building Details

    Year built
    2023
    Floors in Building
    3
    Building materials
    HardiplankType, WoodFrame
    Architectural style
    Other

    Forgotten Coast Realty of NW Florida (850) 648-3000 [email protected]

    Listing agent Carol E Erwin (850) 648-3000 License #3079585

    Listing date Dec 2, 2025

    MLS# 765146 Listing URL

    Copyright © 2025 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Luxury Duplex Near Mexico Beach

    This luxury duplex is a rental-ready property, fully furnished and equipped to attract vacationers. It features a total of 12 en-suite bedrooms, two half baths, and two bunk rooms, accommodating large groups. Each side of the duplex includes multiple levels. Level 1 features a spacious foyer and a half bath. Level 2 offers a living-dining-kitchen area with designer furniture. The gourmet kitchen is equipped with granite countertops, stainless steel appliances, a stylish backsplash, wood cabinets, and a farm sink. This level also includes a bedroom with an en-suite bath, a powder room, a laundry area, and a covered porch with beach views. Level 3 provides three additional bedrooms with en-suite baths and a covered porch. Level 4 is designed for recreation, featuring a family area and two more bedrooms, one of which includes three sets of twin bunk beds. The property also includes a heated cocktail pool, a putting green, and a covered patio. The property is located in Mexico Beach, FL, and is positioned as an exceptional opportunity for a dream home, vacation getaway, or profitable investment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Hair Salon Clothing Store Nail Salon Department Store Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mexico Beach
    County
    Gulf
    State
    Florida
    Longitude
    -85.419455
    Latitude
    29.947524

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    FAQs

    What type of property is this?
    Short term rental property - Rental-ready duplex with 12 en-suite bedrooms, bunk rooms, and amenities.
    Where is this short term rental property located?
    The property is located at 111 31St St, Unit unit A & B Mexico Beach, FL.
    What is the asking price?
    The asking price for this property is $3,999,000.
    What are key features of this property?
    This property features: - Rental-ready luxury duplex, fully furnished and equipped for vacation rentals.; - 12 en-suite bedrooms comfortably accommodate large groups, plus 2 half baths and 2 bunk rooms.; - Enjoy the heated cocktail pool, putting green, and covered patio.
    (850) 648-3000
    Request Owner's contact information
    111 31St St, Unit unit A & B Mexico Beach, FL 32456
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    111 31St St, Unit unit A & B Mexico Beach, FL 32456
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