Turn-Key Townhome | Short-Term Rentals Allowed | Fully Furnished Welcome to The Palms, one of Mexico Beach?s most sought-after townhome communities. This 3-bedroom, 2-bath residence offers an exceptional opportunity for short-term rental income, a second home, or full-time coastal living?all just a short golf-cart ride or easy half-mile walk to the beach. The main level features a bright, open-concept living and dining area, ideal for entertaining or relaxing after a day on the Gulf. The primary suite is conveniently located on the first floor, providing comfort and privacy. Upstairs, two additional bedrooms and a full bath offer flexible accommodations for guests or renters. This home is being sold fully furnished and rental-ready, making it an easy, turn-key investment. Owners and guests enjoy access to the community pool and well-maintained grounds, enhancing the laid-back beach lifestyle. With short-term rentals allowed, low HOA dues , this property represents one of the best values in Mexico Beach for investors or buyers seeking a coastal getaway with income potential. Whether you?re looking to generate rental income, enjoy weekend escapes, or settle into full-time beach living, 1016 15th St #5A delivers lifestyle, flexibility, and value.
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11/4/2025
Listed for sale
$299,000+4.5%$227/sqft
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1/23/2023
Sold
$286,000-4.3%$217/sqft
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12/23/2022
Contingent
$299,000$227/sqft
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10/21/2022
Price change
$299,000-6.6%$227/sqft
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10/6/2022
Price change
$320,000-4.5%$242/sqft
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9/27/2022
Listed for sale
$335,000+109.5%$254/sqft
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3/27/2020
Sold
$159,900$121/sqft
Source: Forgotten Coast Realtor Association #303364Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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