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About This Home

This 12-bedroom, 13-bathroom residential multi family at 111 31st St in Mexico Beach, FL is listed for $3,699,000 ($492 per sqft). Built in 2023, the home offers 7,514 sqft of living space on a 0.18 acres lot.

Agent Description

Investment Opportunity with 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.

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.

Key Features

  • Built in 2023
  • 0.18 acre lot
  • 2 stories
  • 8 parking spaces
  • Private pool

Property Details

2 stories
12 full, 2 half
8 spaces
#A & B
2023

Amenities

PoolViewA/C

Monthly Cost Estimate

$19,783/mo

20% down · 6.5% · 30 years

Principal$2,675
Interest$16,029
Insurance$1,079

Estimates only. Actual payments may vary.

Location

111 31st St

Mexico Beach, FL 32456

No Named Subdivision

Features & Amenities

Interior Features

Breakfast BarHigh CeilingsStorageKitchen IslandRecessed LightingSplit BedroomWalk-In Closet(s)

Exterior Features

BarbecueLawn PumpOutdoor Shower

Property Details

Construction

Frame HardiPlank Type

Views

Water

Pool Features

Porch

Parking

DrivewayCovered

Heating

CentralElectric (Heating)

Cooling

Ceiling Fan(s)ElectricCentral Air

Appliances

DryerWasherDishwasherDisposalMicrowaveRefrigerator w/Ice MakerElectric OvenTankless Water Heater

Questions & Answers

This 12-bedroom, 13-bathroom residential multi family at 111 31st St is listed at $3,699,000 ($492/sqft). The estimated monthly payment is $16,029 based on 20% down at 6.5% interest.

Key features include: Built in 2023, 0.18 acre lot, 2 stories, 8 parking spaces, Private pool. Interior Features: Breakfast Bar, High Ceilings, Storage. Exterior Features: Barbecue, Lawn Pump, Outdoor Shower.

This property is listed by Teresa Carlton and can be reached at 8502274608 or teresa@fcpmr.com.

TC

Teresa Carlton

Agent at Forgotten Coast Realty Of Nw Florida

(850) 227-4608

Listed by Forgotten Coast Realty Of Nw Florida · View on Broker Site

MLS# 324897· Source: listhub· Updated today

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.

111 31st St, Mexico Beach, FL 32456

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