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!
For sale
Price cut: $10K (6/2)
$519,000
231 Nannook Rd, Mexico Beach, FL 32456
3beds
1,444sqft
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
- 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#: 326462
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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
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Price change | $519,000-1.9%$359/sqft |
Source: | ||
| 2/20/2026 | Listed for sale | $529,000+15%$366/sqft |
Source: | ||
| 6/21/2024 | Sold | $460,000-7.8%$319/sqft |
Source: | ||
| 4/25/2024 | Contingent | $499,000$346/sqft |
Source: | ||
| 3/17/2024 | Price change | $499,000-2.2%$346/sqft |
Source: | ||
| 3/2/2024 | Price change | $510,000-5.4%$353/sqft |
Source: | ||
| 1/23/2024 | Price change | $539,000-1.8%$373/sqft |
Source: | ||
| 1/5/2024 | Listed for sale | $549,000+34.6%$380/sqft |
Source: | ||
| 12/3/2021 | Sold | $408,000+133.1%$283/sqft |
Source: Public Record Report a problem | ||
| 2/5/2019 | Sold | $175,000+387.5%$121/sqft |
Source: Public Record Report a problem | ||
| 5/10/2002 | Sold | $35,900$25/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $114,954 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 32456
Nearby schools
GreatSchools rating
- 8/10Tyndall Elementary SchoolGrades: PK-8Distance: 15.3 mi
- 2/10Rutherford High SchoolGrades: 6-12Distance: 19.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Bay County
- Mexico Beach
- 32456
- 231 Nannook Rd





