2501 Highway 98, Mexico Beach, FL 32456

2BR + Bunk Room | 2.5BA | Gulf Views | No HOA | STR-Permitted | Built 2021 | ~325 Feet to Beach Now priced under $675,000, this 2021-built Mexico Beach property offers a combination that's increasingly hard to find: Gulf views, short-term rental flexibility, and no HOA restrictions, all within an easy, approximately one-minute walk to the beach.

No elevators, no long walks to parking, and no additional association fees. Just a direct path to the sand and a setup that feels simple, functional, and easy to enjoy. The layout includes two bedrooms, an enclosed bunk room, and 2.5 bathrooms, comfortably accommodating up to 8 guests.

Two oversized balconies provide Gulf views and outdoor living space. At the same time, the open-concept main level is centered around a large kitchen island with seating, modern finishes, and a layout designed for gathering, hosting, or extended stays.

The primary suite offers direct balcony access, a double vanity, and a walk-in shower, creating a private retreat separate from guest areas. Built to current Florida coastal construction standards, the home includes impact-rated windows and sliding glass doors, elevated construction, a durable roof system designed for coastal conditions, covered parking, an outdoor shower, and dedicated storage for beach gear.

Short-term rentals are permitted, and there are no HOA fees or rental restrictions, offering flexibility that's increasingly difficult to find along the Gulf. The property has demonstrated strong guest performance, reflected in consistent five-star reviews and an exceptional 9.8/10 rating on VRBO, with guests highlighting the layout, proximity to the beach, and overall experience, valuable insight for buyers evaluating rental potential.

Insurance costs have been competitive for a Gulf-area property of this age and construction, which can make a meaningful difference when comparing overall ownership costs. Mexico Beach is known for its uncrowded shoreline, low-density feel, and slower pace compared to nearby coastal markets.

With close access to the Mexico Beach Marina, Cape San Blas, St. Joseph Bay, and Port St. Joe, the area continues to attract buyers seeking a more relaxed coastal experience. For buyers comparing Gulf-view condos with HOA fees, older construction, or limited rental flexibility, this offers a different option, one that's newer, easier to manage, and already positioned and proven for both personal use and rental performance.

If you've been watching the market and waiting for the right combination of location, condition, and flexibility at a more accessible price point, this is worth a closer look.