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For sale
  • Price cut: $10K (6/2)
    $519,000

    231 Nannook Rd, Mexico Beach, FL 32456

    3beds
    1,444sqft
    : 
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    Single Family Residence
    Built in 2003
    8,363 Square Feet Lot
    $497,000 Zestimate®
    $359/sqft
    $-- HOA

    What's special

    Fully fenced yardNew backyard playgroundNew roofFresh interior paintNew sidingBrand new hot tubNew fencing
    Don't miss this opportunity to assume a 3.25% VA loan with a balance of approximately $372,000 — a remarkable advantage in today's market. This recently remodeled 3BR/2BA beach cottage has been worked on inside and out, featuring new siding, a new roof, new fencing, fresh interior paint, and all-new furniture that conveys with the home. The kitchen has been updated with new cabinets and countertops, and luxury vinyl plank flooring runs throughout, perfect for a beach house. A brand new hot tub, a 10x12 storage shed, and a new backyard playground make this property as functional as it is fun, while the oversized covered back porch outfitted with polywood furniture creates the ideal space for entertaining or unwinding after a day at the beach. The large master bedroom accommodates a king-size bed, and the concrete driveway and fully fenced yard round out the package. A new HVAC was installed in 2025, giving buyers added peace of mind. Located just a short walk from the beach and the City Park, complete with pickleball courts, tennis and basketball courts, and a playground, this home is close to the amenities, while still being located on one of Mexico Beach's less-traveled roads. With a strong short-term rental history and everything already in place to hit the ground running, this property works equally well as a primary residence or a turnkey investment opportunity. Call today!
    117 days
    |
    322
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Carter Dorsch 850-624-7144,

    98 Real Estate Group, LLC

    Source: Forgotten Coast Realtor Association,MLS#: 326462MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Appliances
      • Included: Dishwasher, Microwave, Refrigerator w/Ice Maker
      • Laundry: Washer/Dryer Hookup
      Features
      • Newly Painted, Pantry, Renovated
      • Has fireplace: No
      • Furnished: Yes
      Interior area
      • Total structure area: 1,820
      • Total interior livable area: 1,444 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Lot
      • Size: 8,363 Square Feet
      • Dimensions: 75 x 112
      • Features: Within 1/2 Mile of Water
      Details
      • Parcel number: 04973650000
      • Zoning description: Residential Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Beach House,Florida
      • Property subtype: Single Family Residence
      Materials
      • Frame, Vinyl Siding
      • Foundation: Slab
      • Roof: Metal
      Condition
      • Construction Complete
      • Year built: 2003
      • Major remodel year: 2023

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Internet Available, Natural Gas Connected, Sewer Connected, Water Connected, City Trash

      Community & HOA

      Community
      • Subdivision: Grand Isle
      Location
      • Region: Mexico Beach

      Financial & listing details

      • Price per square foot: $359/sqft
      • Tax assessed value: $376,897
      • Date on market: 2/20/2026

        Estimated market value

        $497,000

        $472,000 - $522,000

        $2,186/mo

        Price history

        DateEventPrice
        6/2/2026Price change$519,000-1.9%$359/sqft
        Source: Forgotten Coast Realtor Association #326462 Report a problem
        2/20/2026Listed for sale$529,000+15%$366/sqft
        Source: Forgotten Coast Realtor Association #326462 Report a problem
        6/21/2024Sold$460,000-7.8%$319/sqft
        Source: Forgotten Coast Realtor Association #316138 Report a problem
        4/25/2024Contingent$499,000$346/sqft
        Source: Forgotten Coast Realtor Association #316138 Report a problem
        3/17/2024Price change$499,000-2.2%$346/sqft
        Source: Forgotten Coast Realtor Association #316138 Report a problem
        3/2/2024Price change$510,000-5.4%$353/sqft
        Source: Forgotten Coast Realtor Association #316138 Report a problem
        1/23/2024Price change$539,000-1.8%$373/sqft
        Source: Forgotten Coast Realtor Association #316138 Report a problem
        1/5/2024Listed for sale$549,000+34.6%$380/sqft
        Source: Forgotten Coast Realtor Association #316138 Report a problem
        12/3/2021Sold$408,000+133.1%$283/sqft
        Source: Public Record Report a problem
        2/5/2019Sold$175,000+387.5%$121/sqft
        Source: Public Record Report a problem
        5/10/2002Sold$35,900$25/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024-- $332,643 +3%
        2023-- $322,954 +3.2%
        2022-- $313,061
        2021-- --
        2020$2,620 +88.2%$140,611 +88%
        2019$1,392 $74,789 -36.7%
        2018$1,392 -38.4%$118,193 +2.1%
        2017$2,261 +19.4%$115,721 -1%
        2016$1,894 -3.5%$116,921 -0.4%
        2015$1,963 $117,388 -0.2%
        2014$1,963 $117,653 +6.4%
        2013-- $110,612 -4.4%
        2012-- $115,751 -5.5%
        2011-- $122,435 -8.9%
        2010-- $134,413 -10.3%
        2009-- $149,875 -26.1%
        2008-- $202,749 -0.6%
        2007-- $203,905 -20%
        2006-- $254,987 +53.1%
        2005-- $166,512 +44.9%
        2004-- $114,954

        Find assessor info on the county website

        Monthly payment

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          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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          Climate risks

          Neighborhood: 32456

          Getting around

          18 / 100
          Car-Dependent
          38 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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