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

111 S 31st Street, Mexico Beach, FL 32456

MULTI_FAMILY - Other - Mexico Beach, FL

Property Size7,514 SF
Lot Size0.17 Acres
Price / SF$478.97
Days on Market186

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 Bathroom 4, Bedroom 1, Bedroom 10, Bedroom 2, Bedroom 4, Bedroom 3, Bonus Room, Bedroom 5, Bathroom 11, Bedroom 8, Bathroom 6, Bedroom 7, Bathroom 13, Bedroom 11, Bedroom 6, Bedroom 9, Bedroom 12, Bathroom 10, Bathroom 8, Bathroom 12, Bathroom 14, Bathroom 5, Bathroom 9, Bathroom 7, Bathroom 1, Bathroom 3, Bathroom 2
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

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: Aug 2 Last Checked: Aug 14 at 7:06PM
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 luxury duplex built in 2023 is configured to host larger groups, with a total of 12 en-suite bedrooms across both sides. The layout includes multiple half baths and bunk-room accommodations, with covered porches on the higher levels and a covered patio in the recreation zone. Interiors include a double vanity, and the property is delivered fully furnished and equipped with the listed appliances.

Each side is arranged over four levels. The first level features a spacious foyer and a half bath. Level 2 offers a living-dining-kitchen area plus an en-suite bedroom, a powder room, and a laundry area. Level 3 provides three additional en-suite bedrooms and a covered porch for Gulf-breeze enjoyment. The fourth level is built for recreation with a family area, two more bedrooms, and a bunk-room setup with three sets of twin bunks.

Outside, the property features a private pool, along with an on-site putting green and an outdoor shower. Additional infrastructure includes public sewer service and a metal roof.

Key Highlights

  • Total of 12 en‑suite bedrooms across both sides
  • Heated private cocktail pool plus putting green and covered patio
  • Four‑level layout per side with covered porches on higher levels

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

143
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 - Luxury duplex built in 2023 with a private heated cocktail pool, putting green, and covered porches.
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: Total of 12 en‑suite bedrooms across both sides; Heated private cocktail pool plus putting green and covered patio; Four‑level layout per side with covered porches on higher levels
More about this property
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