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Furnished Duplex with Heated Pool
For Sale
$3,599,000

111 S 31st Street, Mexico Beach, FL 32456

Residential, Mexico Beach, FL

Property Size7,514 SF
Lot Size0.17 Acres
Price / SF$478.97
Days on Market208

Property Features for 111 S 31st Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description City
Bedrooms 12
Bathrooms 14
Full bathrooms 12
Half bathrooms 2
Rooms Bedroom 8, Bathroom 5, Bathroom 10, Bedroom 11, Bathroom 11, Bathroom 2, Bedroom 5, Bedroom 6, Bedroom 9, Bathroom 14, Bedroom 10, Bathroom 6, Bathroom 9, Bathroom 3, Bedroom 7, Bathroom 7, Bathroom 1, Bedroom 12, Bathroom 8, Bedroom 2, Bathroom 12, Bedroom 3, Bathroom 4, Bathroom 13, Bedroom 4, Bedroom 1, Bonus Room
Patio and Porch features Patio, Porch
Pool private 1
Interior features DoubleVanity
Exterior features OutdoorShower
Fencing Fenced
Appliances ElectricCooktop, ElectricRange, ElectricWaterHeater
Subdivision No Named Subdivision
Lot features Paved
Elementary school Port St. Joe
Middle school Port St. Joe
High school Port St. Joe
Directions Mexico Beach - South on 31st St - Property on Left.
Standard status Active
APN 04561-000-000 & 04561-010-000
Size 7,514 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Description A -- MEXICO BEACH UNIT 4 (6.02) BEG NE COR LOT 6 TH SW 35.2' NW 105' NE 35.2' SE 105' TO POB AKA PT LOT 6 BLK M ORB 4443 P 665 235C2 B--MEXICO BEACH UNIT 4 (6.01) BEG 35.2' SW OF ELY COR LOT 6 TH SW 36.5' NW 105' NE 36.5' SE 105' TO POB AKA PT L-6
Legal Description A -- MEXICO BEACH UNIT 4 (6.02) BEG NE COR LOT 6 TH SW 35.2' NW 105' NE 35.2' SE 105' TO POB AKA PT LOT 6 BLK M ORB 4443 P 665 235C2 B--MEXICO BEACH UNIT 4 (6.01) BEG 35.2' SW OF ELY COR LOT 6 TH SW 36.5' NW 105' NE 36.5' SE 105' TO POB AKA PT L-6

Utilities

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

Amenities

heated cocktail pool
putting green
covered patio
covered porch
family area

Building Details

Year built 2023
Building materials HardiplankType, WoodFrame
Roof type Metal
Architectural style Other
Listing Agency: Forgotten Coast Realty of NW Florida LLC
Listed By: Carol E Erwin · License #3079585
Added: Feb 9 Changed: Sep 2 Last Checked: Sep 5 at 9:06PM
MLS# 785196

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 2023 duplex contains 7514 square feet on a 0.17-acre parcel, with each side arranged across four levels. The combined layout includes 12 en-suite bedrooms, two half baths, and two bunk rooms. Both units are furnished and equipped, with living-dining-kitchen areas featuring granite countertops, stainless steel appliances, wood cabinetry, and farm sinks. Additional improvements include laundry areas, covered porches, a heated cocktail pool, putting green, covered patio, fenced grounds, outdoor shower, central heating and cooling, and a metal roof.

Located at 111 S 31st Street in Mexico Beach, the property includes covered outdoor areas with beach views and Gulf breezes. Public sewer serves the duplex. The configuration provides separate residential units with substantial bedroom capacity and dedicated recreation space.

Key Highlights

  • Duplex with 7514 square feet on a 0.17‑acre lot
  • Built in 2023 with 12 en‑suite bedrooms
  • Two half baths and two bunk rooms across the property

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Garden Center Grocery & Convenience Store Cafe & Coffee Shop Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

144
Businesses Nearby

Demographics for 32456, FL

7,439
Population
6,252
Households
1.2
Avg Household Size
55
Median Age
37%
College-Educated
96%
High-School Grad
106.2 sq mi
ZIP Area
70
Density / Sq Mi
$73,723
Median Household Income
$38,630
Median Earnings
$1,363
Median Rent
$338,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Four-level units offer en-suite accommodations, recreation areas, designer furnishings, and covered outdoor spaces near the Gulf.
Where is this duplex located?
The property is located at 111 S 31st Street Mexico Beach, FL.
What is the asking price?
The asking price for this property is $3,599,000.
What are key features of this property?
This property features: Duplex with 7514 square feet on a 0.17‑acre lot; Built in 2023 with 12 en‑suite bedrooms; Two half baths and two bunk rooms across the property
More about this property
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