??Possible owner terms.... Turnkey Income-Producing Beach Home – 402 California Dr, Mexico Beach, FL ?? Welcome to 402 California Dr, a 4-bedroom, 2.5-bathroom coastal retreat just minutes from the gorgeous white sands of Mexico Beach! With 1,766 square feet of living space, this beautifully maintained home is a rare opportunity to own a full-time income-producing property with consistent positive cash flow. Currently operating as a successful short-term rental, this home comes fully furnished and is professionally managed—offering seamless ownership and reliable returns. Whether you're an investor looking to grow your portfolio or a beach lover wanting a getaway that pays for itself, this property delivers. The spacious open floor plan includes a modern kitchen with updated appliances, a bright living area, and four well-sized bedrooms ideal for hosting large families or groups. Outside, you'll find a generous yard perfect for entertaining, relaxing, or future enhancements. Located in a short-term rental friendly area with no HOA, it's just a golf cart ride away from the beach, local dining, and shopping. ? Property Highlights: 4 Bedrooms | 2.5 Bathrooms | 1,766 Sq Ft Fully furnished and rental-ready Proven positive cash flow with solid rental history Modern kitchen and coastal-inspired finishes Spacious yard with potential for outdoor upgrades No HOA and located in a high-demand rental zone Easy access to the beach, restaurants, and shops Whether you're looking to invest or nest, 402 California Dr is the beachside opportunity you've been waiting for. Contact The Joe Real Estate Group today for rental financials or to schedule your private tour!
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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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