111 31st St
Unit A & B
Mexico Beach, FL

Multi

Reduced! $3,899,000

$3,599,000

Photo of property for sale at 111 31st St A & B Mexico Beach

Investment Opportunity with established rental income! Rent ready gem, luxury duplex, fully furnished & equipped to attract vacationers looking for a memorable stay in Mexico Beach. Total of 12 en-suite bedrooms, along with two half baths and two bunk rooms, the property can comfortably host large groups, making it a lucrative investment. This stunning luxury duplex in Mexico Beach, FL, is more than just a home; it's a gateway to creating unforgettable memories with family and friends. With its prime location, luxurious amenities, and versatile living options, it stands out as an exceptional opportunity for anyone seeking a slice of paradise. Whether you envision it as your dream home, a vacation getaway, or a profitable investment, this property is ready to welcome you to the best of beachside living. Each Side - Level 1: The first level greets you with a spacious foyer & a convenient half bath, setting the tone for the elegance that follows. Level 2: Ascend to the second level, where you'll find a spacious living-dining-kitchen area adorned with designer furniture. The gourmet kitchen features granite countertops, stainless steel appliances, a stylish backsplash, and exquisite wood cabinets, along with a charming farm sink. This level also includes a cozy bedroom with an en-suite bath, a powder room, & a laundry area. A covered porch provides stunning views of the beach and is the perfect spot for sunset watching. Level 3: On the third level, three additional bedrooms with en-suite baths ensure privacy and comfort for family members or guests. A covered porch offers a private escape to catch the refreshing Gulf breeze, making this level a perfect retreat after a day of beach fun. Level 4: Family Fun Zone The fourth level is dedicated to recreation, featuring a family area perfect for kids, along with two more bedrooms. One of these bedrooms is a fun haven, equipped with three sets of twin bunk. Enjoy the heated cocktail pool, a putting green & covered patio.

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Property Details
MLS# 324897
Status Active
Date Listed January 6, 2026
Last Updated June 2, 2026
Property Type Multi (Dup/Tri/Quad (Multi-Unit))
Bedrooms 12
Bathrooms 12 full, 2 half
Sqft 7,514 H/C  /  9,994 Total
Acreage 0.17
Lot Dimensions 72 x 106
Year Built 2023
RVs Allowed No
HOA No HOA Fees
Construction Details
Interior Breakfast Bar, Raised Ceiling(s), Storage, Kitchen Island, Recessed Lighting, Smoke Detector, Split Bedroom, Walk-In Closet(s), Window Treatment All
Appliances Dryer, Washer, Dishwasher, Disposal, Microwave, Refrigerator w/Ice Maker, Electric Oven, Tankless Water Heater
Exterior BBQ Pit/Grill, Landscaped, Lawn Pump, Shower, Sprinkler System
Community Amenities Heated, In Ground, Gunite
Energy Ceiling Fan(s), Insulated Window(s), Storm Door(s), Storm Window(s)
Construction Frame, HardiPlank Type
Utilities Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Parking Covered, Driveway
Lot Level, Survey Available, Water View, Within 1/2 Mile of Water, Improved Lot
Land Access City Street, Paved
Area Information
Waterview 1st Tier Gulf,Gulf
Zip Code 32456
Area Mexico/St. Joe Beach
Sub-area Mexico Beach
Subdivision No Named Subdivision
Coordinates -85.4194607, 29.947496
Legal Info A -- MEXICO BEACH UNIT 4 (6.02) BEG NE COR LOT 6 TH SW 35.2' NW 105' NE 35.2' SE 105' TO POB AKA PT LOT 6 BLK M ORB 4443 P 665 235C2 B--MEXICO BEACH UNIT 4 (6.01) BEG 35.2' SW OF ELY COR LOT 6 TH SW 36.5' NW 105' NE 36.5' SE 105' TO POB AKA PT L-6
Map Location

Due to new roads in our area, some properties may not show up in exactly the right location.

This listing is managed by Forgotten Coast Realty of NW Florida.

Property information provided by the REALTOR’S® Association of Franklin and Gulf Counties, Inc.. IDX information is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.