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Street View
$3,599,000
Monthly Est:$17,914
12 Beds
- 14 Baths
12 full baths + 2 half baths
7,514sqft
111 S 31st Street #A & B, Mexico Beach, FL 32456
$3,599,000
$17,914/moEst:
Get Pre-Approved
Duplex
Built in 2023
$-- HOA
0.17 acre lot
$479/sq.ft
Description
Investment Opportunity! Established Rental Income! Rent ready gem, luxury duplex, fully furnished & equipped to attract vacationers looking for a memorable stay in Mexico Beach. Total of 12 en-suite bedrooms, along with two half baths and two bunk rooms, the property can comfortably host large groups, making it a lucrative investment in Florida's thriving rental market. This stunning luxury duplex in Mexico Beach, FL, is more than just a home; it's a gateway to creating unforgettable memories with family and friends. With its prime location, luxurious amenities, and versatile living options, it stands out as an exceptional opportunity for anyone seeking a slice of paradise. Whether you envision it as your dream home, a vacation getaway, or a profitable investment, this property is ready to welcome you to the best of beachside living. Each Side - Level 1: The first level greets you with a spacious foyer & a convenient half bath, setting the tone for the elegance that follows. Level 2: Ascend to the second level, where you'll find a spacious living-dining-kitchen area adorned with designer furniture. The gourmet kitchen features granite countertops, stainless steel appliances, a stylish backsplash, and exquisite wood cabinets, along with a charming farm sink. This level also includes a cozy bedroom with an en-suite bath, a powder room, & a laundry area. A covered porch provides stunning views of the beach and is the perfect spot for sunset watching. Level 3: On the third level, three additional bedrooms with en-suite baths ensure privacy and comfort for family members or guests. A covered porch offers a private escape to catch the refreshing Gulf breeze, making this level a perfect retreat after a day of beach fun. Level 4: Family Fun Zone The fourth level is dedicated to recreation, featuring a family area perfect for kids, along with two more bedrooms. One of these bedrooms is a fun haven, equipped with three sets of twin bunk. Enjoy the heated cocktail pool, a putting green & covered patio.
Continue Reading- Houzeo last checked: 3 hours ago
- Listing updated: June 2, 2026 at 2:48 pm
- Listing Provided by: Carol E Erwin (850) 819-1205 DRE #3079585 | Forgotten Coast Realty of NW Florida LLC (850) 648-3000
- Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 785196

Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
2023
HOA Fees
-
Finished Area
7,514 sqft
Lot Size
0.17 acre lot
Basement Area
- sqft
MLS Name
Bay/Panama City/Central Panhandle MLS
MLS Number
785196
MLS Status
Active
Days on Market
227
Cumulative Days on Market
110

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Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 14
Other
Level: Second
Area: 160.00 Square Feet
Dimensions: 20 x 8
BonusRoom
Level: Fourth
Area: 143.00 Square Feet
Dimensions: 13 x 11
Bedroom
Level: Third
Area: 120.00 Square Feet
Dimensions: 12 x 10
PrimaryBedroom
Level: Third
Area: 195.00 Square Feet
Dimensions: 15 x 13
Kitchen
Level: Second
Area: 180.00 Square Feet
Dimensions: 15 x 12
LivingRoom
Level: Second
Area: 300.00 Square Feet
Dimensions: 20 x 15
Other
Level: Second
Area: 160.00 Square Feet
Dimensions: 20 x 8
BonusRoom
Level: Fourth
Area: 143.00 Square Feet
Dimensions: 13 x 11
Bedroom
Level: Third
Area: 120.00 Square Feet
Dimensions: 12 x 10
PrimaryBedroom
Level: Third
Area: 195.00 Square Feet
Dimensions: 15 x 13
Kitchen
Level: Second
Area: 180.00 Square Feet
Dimensions: 15 x 12
LivingRoom
Level: Second
Area: 300.00 Square Feet
Dimensions: 20 x 15
Interior
Cooling
Central Air, Ceiling Fans
Appliances
Electric Cooktop, Electric Range, Electric Water Heater
Sewer
Public Sewer
Heating
Central, Electric
Exterior Features
Outdoor Shower
Construction
Year Built
Year Built: 2023
Home type
Duplex
Foundation Details
Pillar Post Pier
Construction Materials
Hardiplank Type, Wood Frame
Roof
Metal
Architectural Style
Duplex
Utilities & Energy
Pool Features
Gunite, Electric Heat, In Ground, Private
Utilities
Cable Connected, Electricity Available
Other Features
Subdivision Name
No Named Subdivision
Community Features
Short Term Rental Allowed
Patio And Porch Features
Balcony, Covered, Patio, Porch
Lot Features
Paved
Price History
| Date | Event | Price |
|---|---|---|
05/08/2026 Source: | Sold | $333,000 -91.00% $44/sqft |
04/20/2026 Source: | Price Decreased | $3,699,000 -1.33% $492/sqft |
03/24/2026 Source: | Price Decreased | $3,749,000 -3.25% $499/sqft |
02/13/2026 Source: | Price Decreased | $3,875,000 -0.62% $516/sqft |
02/12/2026 Source: | Price Increased | $3,899,000 +8.34% $519/sqft |
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Based on information from Central Panhandle Association of REALTORS® MLS through Sep 28, 2026, 12:45PM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2026 Bay Central Panhandle Association of REALTORS®
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