Search
Duplex with Heated Cocktail Pool
For Sale
$3,599,000

111 31st St, Mexico Beach, FL 32456

MULTI_FAMILY - Other - Mexico Beach, FL

Property Size7,514 SF
Lot Size0.18 Acres
Price / SF$478.97
Days on Market83

Property Features for 111 31st St

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description City
Bedrooms 12
Bathrooms 13
Full bathrooms 12
Half bathrooms 2
Rooms Bedroom 11, Bedroom 10, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 11, Bathroom 14, Bedroom 12, Bathroom 3, Bedroom 9, Bathroom 5, Bathroom 6, Bathroom 12, Bedroom 7, Bathroom 9, Bedroom 6, Bathroom 8, Bathroom 4, Bedroom 5, Bathroom 1, Bedroom 8, Bathroom 10, Bathroom 2, Bedroom 1, Bathroom 7, Bathroom 13
Parking 8
Parking features Covered, Driveway
Window features Insulated Windows, Window Treatments, Storm Window(s)
Patio and Porch features Porch
Pool private 1
Interior features Breakfast Bar, High Ceilings, Storage, Kitchen Island, Recessed Lighting, Split Bedroom, Walk-In Closet(s)
Exterior features Barbecue, Lawn Pump, Outdoor Shower
Appliances Dryer, Washer, Dishwasher, Disposal, Microwave, Refrigerator w/Ice Maker, Electric Oven, Tankless Water Heater
Subdivision No Named Subdivision
Lot features Landscaped, Sprinkler System, Level, Survey Available, Within 1/2 Mile of Water, Improved Lot
View Water
Directions Mexico Beach - South on 31st St - Property on Left.
Standard status Active
APN 04561000000
Size 7,514 SF
Lot size 0.18 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 Electric (Heating), Central
Cooling system Electric, Central Air, Ceiling Fan(s)
Water source Public

Amenities

heated cocktail pool
putting green
covered patio

Building Details

Year built 2023
Floors in Building 2
Building materials Frame, HardiPlank Type
Roof type Metal
Architectural style Other
Additional Structures Storage
Listing Agency: Forgotten Coast Realty Of Nw Florida
Listed By: Teresa Carlton · License #3067146
Added: Jun 2 Changed: Aug 2 Last Checked: Aug 23 at 5:06PM
MLS# 324897

Copyright © 2026 Forgotten Coast Realtor Association. 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 duplex was built in 2023 and is presented as rent-ready, furnished, and equipped for vacation hosting. The layout is designed for large groups, totaling 12 en-suite bedrooms, plus two half baths and two bunk rooms. Interior highlights include a spacious, multi-level plan with a covered porch, high ceilings, kitchen island, recessed lighting, and walk-in closets. Appliances include a dishwasher, microwave, refrigerator with ice maker, electric oven, washer and dryer, and a tankless water heater. The home is served by central heating and central air, with ceiling fans throughout.

Outside amenities support extended stays and downtime. The property includes a private heated cocktail pool, outdoor shower, and barbecue area. A covered patio and multiple porches add outdoor living space.

The duplex sits on a 0.1752-acre lot with 7,514 square feet under roof, and features frame construction with HardiPlank Type siding and a metal roof. Utilities are public water and public sewer.

Key Highlights

  • Built in 2023 duplex presented as furnished and equipped for vacation stays
  • Total of 12 en‑suite bedrooms plus two half baths and two bunk rooms
  • Private heated cocktail pool plus covered patio and porches

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

Multi-tenant
Tenancy

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Duplex built in 2023 with 12 en-suite bedrooms, furnished and equipped for ready vacation stays.
Where is this duplex located?
The property is located at 111 31st St 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: Built in 2023 duplex presented as furnished and equipped for vacation stays; Total of 12 en‑suite bedrooms plus two half baths and two bunk rooms; Private heated cocktail pool plus covered patio and porches
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message